05:22 PM EST, 01/21/2025 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) after close of trade Tuesday said its affiliate, Galaxy Asset Management, reported preliminary assets under management of $5.7 billion as of Dec. 31.

The 6.5% decrease in preliminary AUM compared to the prior month was primarily driven by "market depreciation and net outflows" from GAM's passive funds.

The AUM as of Dec. 31, consist of $5.17 billion in funds and $511 million opportunistic, compared to $5.57 billion in funds and $510 million opportunistic as of Nov. 30, 2024, for a total AUM of $6.08 billion.