Eddid Financial Appointed Dealer for MicroBit Bitcoin and Gold ETF
Bitcoin (BTC)
Editor:
Eugene Serbin
manilatimes.net reports that Eddid Financial's subsidiary, Eddid Securities and Futures Limited, has been appointed as a Participating Dealer for the MicroBit Bitcoin and Gold Value ETF. The ETF, trading under tickers 3002.HK and 9002.HK, officially commenced trading on the Main Board of the Stock Exchange of Hong Kong on August 26, 2026. As a core Participating Dealer, Eddid Financial will provide primary market in-kind and in-cash subscription and redemption services using its institutional-grade market-making capabilities.
The fund combines Bitcoin and gold to offer investors a cross-asset allocation tool with low long-term correlation between the two assets. This structure aims to enhance portfolio resilience by reducing overall volatility and elevating safe-haven attributes through periodic rebalancing. Eddid Financial has previously served as a Participating Dealer for multiple mainstream spot ETFs covering Bitcoin, Ethereum, Solana, and multi-asset themes.
Dr. Ricky Yeung, Head of the Virtual Asset Department, stated that the appointment allows the group to provide seamless solutions bridging traditional and digital assets. The Group leverages its virtual asset licensing compliance framework and multi-asset settlement capabilities to support these complex mechanisms.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 26 August 2026. Not the outlet's figures.
Bitcoin is trading at $79,023.75 with a 24-hour buy ratio of 49.9%, indicating a near-even split between buyers and sellers. However, shorter-term pressure shows a decline, with the 1-hour buy ratio at 44.7% and the 4-hour ratio at 43.0%, suggesting buying momentum is fading. This shift is confirmed by negative volume deltas of -$9,605,302 over the last hour and -$13,495,762 over the last four hours. The Cumulative Volume Delta for the 24-hour period stands at -$64,526,673, reflecting net selling pressure. While spot volume reached $1,148,236,056, the market experienced net outflows rather than influsions during this period.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Compared to the preceding week, today's buying activity is weaker than the 7-day average buy ratio of 51.6%, dropping by 1.7 percentage points. Trading volume is also subdued, recording 0.54 times the average daily volume. Despite this lower activity, the coin has seen a 14.0% price increase over the past eight days. The total volume delta for that week was positive at $445,688,281, contrasting with the current net selling pressure. This indicates that while the broader trend remains bullish, today's session represents a pullback in buying intensity.