Ethmia iphicrates is a moth in the Depressariidae family. It is found in Kenya. The wingspan is about 28 mm. The forewings are white with black markings: an irregular elongate spot along the basal fifth of the costa, an irregular transverse fasciate blotch from the dorsum at one-fourth, its apex reaching the extremity of this and a streak along the dorsum from this to three-fourth, with an irregular projection before the middle. There is a broad irregular converging fasciae from the costa before the middle and at four-fifths uniting below the middle and continued to the dorsum at two-thirds. There is a large dot beneath the costa beyond the middle, and sometimes a slender costal streak between these. There is also a transverse fasciate subterminal blotch confluent above with the preceding