It is normal to hear small bubbles work their way through the pump any time the loop has been recently re-assembled. That should go away after a few days.
Yes, I have not mentionned that I am watercooling since more than 15 years so I am aware about that. The system is fully air bled, I have tilted the computer in every directions possible (not the pump upside down) to bleed the air and is running for 10 days now.
I do not have video showing the microbubbles, they appear and disapear very fast.
Sven from aquacomputer support contacted via email answered me that "a higher resistance of the loop could also cause such a problem."
I therefore mark the subject as solved.