🚀 Galaxy Digital's Q2 2023 net loss narrows to $46M, thanks to crypto price rebound 📈

- Trading revenue drops 54% to $59.5M due to industry-wide slowdown

- Asset management revenue soars 619% to $33.8M

- CEO Novogratz sees renewed institutional interest and potential Bitcoin ETF approval boosting market participation 🌐

Galaxy Digital, led by Michael Novogratz, has significantly reduced its net loss in Q2 2023, while its asset management division saw remarkable growth. Despite the ongoing regulatory pressures, Novogratz remains optimistic about the company's growth prospects.