Arp's Crypto Digest

General Digital Asset Market View:

From Monday to Friday (14–18 July 2025), Bitcoin ETFs recorded a strong net inflow of $2.39 billion, marking one of the most consistent positive weeks in recent months. Flows ramped up steadily from $297.4 million on Monday to a weekly peak of $799.4 million on Wednesday, before easing to $522.6 million on Thursday and $363.5 million on Friday. 

Despite outflows from ARKB and GBTC on some days, dominant inflows into BlackRock’s IBIT and Fidelity’s FBTC underscored continued institutional demand.

Macro:

The global flash PMIs on Thursday will be the highlight in economic data next week. The focus will also be on the ECB decision on Thursday and the Upper House elections in Japan today (firm results expected by 1am JST). Powell and Bailey are both scheduled to speak on Tuesday. With respect to major earnings next week, we have Alphabet and Tesla in the US, and SAP and LVMH in Europe. A handful of other major global names also report — see below.

More Crypto:

RWA are gaining momentum on Solana, with Ondo capturing 60% of the non-stablecoin RWA market.

This is laying the groundwork for the next wave of on-chain financial products, including tokenized stocks and ETFs.

Sharplink stakes ETH with Liquid Collective, where lsETH deposits have doubled in two months to over $1.1 billion, and SBET holds more than 50% of the outstanding supply.

Validators for the stake include Coinbase, Figment, Blockdaemon, Galaxy, and Staked, providing network security.

Institutional flows into Bitcoin ETFs have already surpassed the same period last year.

This marks the fastest accumulation rate ever recorded for Bitcoin ETF products.

What Happened This Week:

• BlackRock applies to add staking to its Ethereum ETF.

• CPI MoM: Headline 0.3% (in line), Core 0.2% (below 0.3%); YoY: Headline 2.7% (above 2.6%), Core 2.9% (in line).

• Sberbank, Russia’s largest bank, to launch crypto custody.

• Standard Chartered becomes first global bank to offer institutional Bitcoin and Ethereum trading.

• Saylor bought 4,225 BTC between July 7–13 for $472.5M at an average price of $111,827.

What to Look Out For:

• SEC Chair Paul Atkins says the agency may allow a regulatory exception to boost tokenization after stablecoin bill passes.

• Trump to open U.S. retirement market to crypto investments.

• SharpLink Gaming to raise $5B to buy more $ETH.

• Nasdaq proposes allowing staking for iShares Ethereum Trust.

• Grayscale has confidentially filed for a U.S. IPO with the SEC.

What we enjoyed reading and listening to:

• Stablecoins are a Platform pt3 — New Financial Products — Link

• The Crypto x Robots Ecosystem — Link

• Stablecoins: Economic, Technological and Geopolitical Superconductors — Link

• Stablecoins in Africa (Part I) — Link

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