Firstly: If you see someone linking to a new update, do not click the link. It is a virus. The newest update will be posted here on itch for free.
Secondly: I see a lot of people asking about the update. This is understandable, as Arvus has pushed back the deadline a few times recently. Arvus frequently posts updates in the discord, but that information rarely makes it to the itch page (Which is what I seek to remedy here).
The 1.7 update was originally slated for the end of July, but has been pushed back little by little since then. The current release window for the 1.7 update is "In August". Do not ask Arvus for a more specific date, he will not give one (No, not even 'Will it be tonight?').
The delays can be frustrating, but Arvus has had a very regular update schedule for the last year. Anecdotally, the NSFW Indie Dev scene is plagued with month or even year-long delays with radio silence from the devs--all while those same devs make a significant amount of money from hopeful subscribers. Arvus is an exception to this rule and has handled updates and deadlines historically very well.
The delays started after the recent controversy surrounding itch.io. Uncertainty regarding one's livelihood is certain to tank one's productivity. This, combined with delaying the deadline multiple times has heavily reduced Arvus' productivity (Which he claims is currently at about 30% of his general abilities).
I have full faith that the update will come, though it may take longer than expected. I feel Arvus has easily earned some delays and, honestly, even a break.
Please be patient and consider joining the discord if you would like more frequent updates.