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Eddid Financial Appointed as Participating Dealer for MicroBit Bitcoin ETF

According to www.manilatimes.net, Eddid Financial announced that its subsidiary, Eddid Securities and Futures Limited, has been appointed as a Participating Dealer for the MicroBit Bitcoin and Gold Value ETF. The fund, trading under codes 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 ETF combines Bitcoin and gold to offer investors a cross-asset allocation tool designed to enhance portfolio resilience through low correlation between the two assets. A periodic rebalancing mechanism maintains target proportions of Bitcoin and gold within the portfolio. Eddid Financial has previously served as a Participating Dealer for multiple mainstream virtual asset spot ETFs in Hong Kong. This appointment highlights the group's ability to handle complex technical integration and multi-asset settlement mechanisms.

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BlackRock cites fading regulatory concerns for Bitcoin's macro appeal

Cryptobriefing.com reports that BlackRock believes Bitcoin's macroeconomic appeal is growing as regulatory concerns fade. This shift may drive increased institutional investment, which could influence market dynamics and future valuation. The firm highlights that these factors are contributing to a more favorable environment for Bitcoin adoption. Institutional interest appears to be strengthening as regulatory clarity improves.

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MicroBit Launches HK's First Bitcoin and Gold ETF on HKEX

According to www.manilatimes.net, MicroBit Capital Management Limited announced the listing of the MicroBit Bitcoin and Gold Value ETF on The Stock Exchange of Hong Kong Limited on 26 August 2026. This fund, trading under HKD Counter 3002.HK and USD Counter 9002.HK, is Hong Kong's first to offer exposure to both bitcoin and gold. The listing marks a diversified approach across these two value asset classes for investors.

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