05:19 PM EDT, 10/17/2024 (MT Newswires) -- Galaxy Digital ( BRPHF ) after trade Thursday said that its its affiliate, Galaxy Asset Management, reported preliminary assets under management (AUM) of $4.61 billion as of Sept. 30.

The result is a 7.2% increase from the previous month's AUM of $4.30 billion, mainly due to market gains and net inflows into Galaxy Asset Management's active ETF strategies launched with State Street Global Advisors.

The year-prior AUM stood at $3.92 billion, according to the statement.

The company's shares closed down $1.48 to $18.40 on the Toronto Stock Exchange.