GLXY Defies 41.83% Volume Drop to Rank 401st as Institutional Demand Drives 4.57% Surge Amid Strategic Partnership

Galaxy Digital (GLXY) closed at a 4.57% gain on Oct. 8, 2025, despite a 41.83% decline in trading volume to $280 million, ranking 401st among listed stocks. The move followed a strategic partnership announcement with a major institutional investor to expand its digital asset custody solutions.

Analysts noted the stock's resilience stemmed from renewed institutional demand for its blockchain infrastructure services, particularly in cross-border payment settlements. Recent regulatory clarity in two key markets has also bolstered investor confidence in the firm's compliance framework.

Trading volume contraction raised questions about short-term liquidity dynamics, with market participants observing reduced retail participation compared to earlier in the quarter. However, institutional order flow has remained steady, with three major ETFs increasing GLXY allocations by 1.2% in their latest filings.

For back-testing inquiries: Our engine requires confirmation on universe parameters (e.g., Russell 3000 scope) and rebalancing mechanics. Options include generating aggregated returns for a 500-stock strategy or testing a scaled-down version. Please specify preferences for entry/exit timing and portfolio constraints to proceed.