Galaxy Digital (GLXY) Records Loss of $177M in Q2 as Market Retreated

Galaxy is among the issuers of spot bitcoin and ether ETFs in the U.S., which it has listed in partnership with investment manager Invesco. The bitcoin ETF (BTCO) has assets under management of $525 million, while its ether equivalent (QETH) holds $15.3 million, according to data by TradingView. Total assets under management at Galaxy Asset Management were $4.6 billion.