In a bold move that has stirred the financial and crypto communities Robert Kiyosaki the author of the best selling book Rich Dad Poor Dad has made a significant statement regarding Bitcoin and its associated investment vehicles Kiyosaki known for his unconventional views on wealth creation and financial education has publicly declared that he supports investing directly in Bitcoin rather than through Bitcoin Exchange Traded Funds ETFs
Kiyosaki has long been a proponent of hard assets such as gold silver and more recently Bitcoin which he often refers to as the peoples money citing concerns over the traditional banking system and the governments ability to print fiat currency at will he believes these assets offer a hedge against inflation and financial instability but now his latest position marks a distinct turn away from the increasingly popular BTC ETFs
The financial world has witnessed a surge in interest in Bitcoin ETFs especially after the approval of several spot Bitcoin ETFs in the United States this development was celebrated as a milestone bringing more institutional investors into the crypto space and providing a regulated means for exposure to Bitcoin without the complexities of managing digital wallets and private keys however Kiyosakis warning is clear he sees these ETFs as merely paper versions of the real asset
According to Kiyosaki owning Bitcoin directly means having full control over your investment without reliance on third party custodians or financial institutions which may be subject to risk regulation or even collapse he urges investors to prioritize sovereignty and security by taking possession of their own Bitcoin this echoes the common crypto mantra not your keys not your coins emphasizing the importance of self custody in the decentralized finance movement
Kiyosakis viewpoint challenges the mainstream narrative that ETFs are the safest and most accessible way to gain crypto exposure he argues that while ETFs may offer convenience they strip away the foundational benefits that make Bitcoin revolutionary namely decentralization transparency and resistance to censorship by steering away from ETFs he reaffirms his commitment to financial education and empowerment encouraging individuals to learn how to manage and store Bitcoin securely on their own
This call to action from a prominent financial educator may influence a new wave of investors to reconsider how they approach Bitcoin and what true ownership really means in a world where convenience often trumps control Kiyosaki reminds us that wealth is not just about having assets but understanding them fully and taking responsibility for their protection