### Top Stories This Week

#### BlackRock Bitcoin ETF Sees Major Inflow

BlackRock's Bitcoin ETF had its largest inflow day since March, with $523 million entering the fund on July 23. The iShares Bitcoin Trust ETF (IBIT) added 7,759 Bitcoin, bringing its total assets to 333,000 BTC, worth around $22 billion.

#### Revolut Secures UK Banking License

After a three-year wait, fintech company Revolut has finally secured a UK banking license. The license, granted by the UK's Prudential Regulation Authority, allows Revolut to gradually expand its banking operations. CEO Nik Storonsky expressed pride in this milestone.

#### India Targets Darknet Drug Deals via Crypto Tracking

India's Narcotics Control Bureau is cracking down on drug trafficking by monitoring cryptocurrency transactions on the darknet. Minister Nityanand Rai highlighted 13 action plans, including a Special Task Force to oversee suspicious crypto transactions.

#### Spot Ethereum ETFs Post $107M Net Inflows

U.S. Ether ETFs saw net inflows of $106.6 million on their first trading day. BlackRock's iShares Ethereum Trust ETF led with $266.5 million, followed by Bitwise and Fidelity. Despite this, Grayscale's Ethereum Trust saw outflows of $484.9 million.

#### Speculation on Bitcoin as U.S. Reserve Asset

Asset manager Bryan Courchesne discussed the possibility of Bitcoin becoming a U.S. strategic reserve asset under a future Trump administration. The Department of Justice's 200,000 BTC holdings could be transferred to the Treasury, fueling speculation.

#### Winners and Losers

Bitcoin (BTC) is at $67,636, Ether (ETH) at $3,260, and XRP at $0.59. Top gainers include Helium (HNT), SATS (1000SATS), and Pyth Network (PYTH). Top losers are Lido DAO (LDO), Worldcoin (WLD), and Mog Coin (MOG).

For more details, check out Cointelegraph's market analysis.