According to Coin Shares data, last week saw a record inflow of $4.39 billion into digital asset investment products. This year’s total inflows reached $27 billion, while total assets under management (AuM) surpassed $220 billion, hitting a new high. Ethereum nearly doubled its weekly record with $2.12 billion in inflows, bringing its 2025 total inflows to $6.2 billion. Bitcoin saw inflows of $2.2 billion. The ETP trading volume rose to $39.2 billion globally, with $4.36 billion coming from the US. Additionally, Solana, XRP, and Sui saw inflows of $39 million, $36 million, and $9.3 million, respectively.
U.S. Treasury Secretary Benson: Interest rates should be lowered if inflation is low
According to
Jinshi, U.S. Treasury Secretary Benson said that interest rates should be lowered if inflation data comes in low. Benson said that artificial intelligence developments will lead to a boom in productivity and that reaching a high-quality agreement in trade negotiations is more important. Benson mentioned the possibility of the EU moving faster and said that the US’s priority is to reach the best agreement with Japan. He also emphasized that the final decision on Fed Chairman Powell rests with President Trump.
Strategy spent approximately $740 million last week to purchase 6,220 Bitcoin
Strategy (formerly MicroStrategy) purchased 6,220 Bitcoin at an average price of $118,940 between July 14 and 20, for a total investment of $739.8 million. As of July 20, 2025, the company’s total number of BTC reached 607,770, with a total purchase cost of approximately $43.61 billion. The average purchase cost was $71,756.
Swedish H100 Group plans to raise $1.5 million to buy more Bitcoin
According to an official statement, the Swedish publicly traded company H100 Group plans to raise approximately 14.1 million Swedish kronor (approximately 1.5 million dollars) from qualified investors by issuing 1,523,089 new shares. The net proceeds will be used to evaluate investment opportunities under the company’s Bitcoin reserve strategy.
China-based Conflux launches offshore yuan-backed stablecoin for cross-border payments
Chinese blockchain network Conflux, which unveiled its Conflux 3.0 version, announced a new offshore stablecoin backed by the yuan, targeting cross-border payments under the Belt and Road Initiative.
SEC evaluates Ethereum-based token standard for compliant securities
Speaking to Coin telegraph, Dennis O’Connell, president of the ERC-3643 Association, said that the US Securities and Exchange Commission (SEC) has seen a noticeable shift in its stance on the Ethereum-based token standard and has become more open to blockchain standards.
A $1.23 million NFT was lost in a phishing attack
According to tracking data from Scam Sniffer, a user lost assets worth $1.23 million after signing a phishing transaction representing their Uniswap V3 positions. The NFTs were transferred to the scammer’s contract, and the funds were withdrawn.
India-based publicly traded company Jetking plans to issue 460,000 shares to certain investors to expand its Bitcoin reserve operations. This private placement, priced at 250 rupees per share, aims to raise a total of 115 million rupees. The funds will be used for Bitcoin purchases, corporate expenses, and Bitcoin education activities.
Aave DAO approves Ink Foundation’s launch of Aave V3-based lending platform
Aave DAO has approved Ink Foundation’s launch of a “white label” lending protocol based on the Aave V3 codebase, with 99.8% support in an ARFC vote. The foundation managing the Ethereum Layer 2 project supported by Kraken will receive technical support from Aave DAO’s service providers during the first six months of the new platform. Aave DAO will receive at least a 5% revenue share based on the platform’s transaction volume.
U.S. Banking Lobby Objects to Crypto Companies’ Bank License Applications
U.S. banking and credit union groups have called on the Office of the Comptroller of the Currency (OCC) to delay the review of bank license applications from crypto companies. The reason cited was “significant policy and process concerns.”
