Fidelity’s FETH Drives $70.5 Million Ether ETF Inflow as Bitcoin Turns Negative

Crypto Insight Summary: Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remained the clear bright spot, drawing $70.5 million for a fifth straight day of inflows, while HYPE stayed positive and both solana and XRP funds moved lower. Grayscale’s GBTC Leads $84.9 Million Bitcoin […] Crypto Insight Analysis: Direction: Bullish ETH / Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Ether ETF inflows signal institutional demand, while Bitcoin outflows pressure sentiment.