Eddid Financial Appointed to Manage MicroBit Bitcoin-Gold ETF
Eddid Financial has been appointed as a Participating Dealer for MicroBit's Bitcoin and Gold Value ETF, which began trading on the Main Board of the Stock Exchange of Hong Kong today. This innovative ETF combines digital assets like Bitcoin with traditional gold, providing an enhanced portfolio resilience tool for investors.
The Eddid Financial subsidiary, Eddid Securities and Futures Limited, will utilize its advanced trading infrastructure to provide primary market in-kind and in-cash subscription and redemption services. By leveraging its institutional-grade market-making capabilities, the company aims to offer seamless access to diversified asset allocation channels.
Dr. Ricky Yeung, Head of the Virtual Asset Department at Eddid Financial, states: 'We are very pleased to be appointed as a Participating Dealer for this innovative ETF to provide clients with seamless solutions that bridge traditional and digital assets.'