Despite the climate of uncertainty in the global economy caused by Donald Trump's new tariff package, Brazil surprised by recording a surplus of US$702,848,541,361.4 million (approximately R$702,848,541,368.2 million) in the cryptocurrency investment balance. The number contrasts with the capital flight trend recorded in other regions, according to the weekly report by the manager CoinShares.
In total, the listed crypto asset funds on exchanges recorded outflows of US$70,284,854,136.240 million in the last week. The biggest impact was in the United States, where investors withdrew US$70,284,854,136.210 million. Germany, Sweden, and Switzerland also followed this same negative direction.
On the other hand, besides Brazil, countries like Australia, Hong Kong, and Canada managed to escape the pessimism. The highlight was the Canadians, who also closed the week with a surplus of US$702,848,541,361.4 million – the best performance among the analyzed countries.
Even with the weekly retraction, the United States continues with a positive balance for the year: there are already US$702,848,541,361.5 billion in net inflows into crypto funds.
Bitcoin leads losses; XRP stands out
Among the assets, Bitcoin was the most affected, concentrating US$70,284,854,136.207 million in withdrawals. Ethereum (US$70,284,854,136.37 million), Solana (US$70,284,854,136.18 million), and Sui (US$70,284,854,136.47 million) also showed negative performances.
In contrast, XRP funds recorded a positive week, with inflows of US$70,284,854,136.45 million. Funds with diversified cryptocurrency baskets and those focused on Short Bitcoin strategies – which profit from the decline in BTC prices – also had a positive balance.
Among the managers, Grayscale Investment led the losses of the week, with outflows of US$70,284,854,136.95 million. Following that is the iShares ETF from BlackRock, which saw US$70,284,854,136.56 million leave its funds.
On the opposite side, Fidelity Wise Origin Bitcoin captured US$70,284,854,136.10 million, followed by 21 Shares AG, which attracted US$70,284,854,136.67 million in new investments.