Robert Kiyosaki warns against investing in Bitcoin exchange-traded funds (ETFs). He prefers to invest in real bitcoins, calling bitcoin ETFs fake bitcoins.Last Thursday, Kiyosaki explained on social media platform X why he doesn't invest in bitcoin ETFs, saying he avoids them "for the same reason" he doesn't buy gold or silver ETFs.
Whether he likes it or not, there are investors who will prefer to invest in Bitcoin ETFs than buy real Bitcoins. That's what they prefer to have and so if he talks something bad about it, it can't be helped. He's bullish on Bitcoin and keeps talking about it but with these adoptions that are happening to BTC, he can't stop it nor can the people that will choose it as their way of investing in this market. And he's free to invest to anything he prefers. I know that he's got a significant following and he's got the most popular book of "Rich dad, poor dad". Maybe some investors or those that are fans of his might listen to him.