U.S. spot Ethereum ETFs experienced a significant $28 million net inflow on January 28, 2025, marking a reversal from the previous session's outflows. BlackRock's iShares Ethereum Trust (ETHA) dominated the inflows, capturing $27.25 million, or approximately 97% of the total. Fidelity's Ethereum Fund (FETH) also saw a positive inflow of $750,000, while other ETFs reported no net change. The surge in inflows highlights renewed investor confidence in Ethereum ETFs, which were approved for trading in late 2024. These funds provide investors with direct exposure to Ethereum's price without the complexities of self-custody. The strong performance of BlackRock's ETHA underscores the influence of established financial institutions in the crypto market, bridging traditional finance with digital assets.