Most people invest in Bitcoin already Financially successful. Seeing their success, many have decided to invest. But as a new investor, be careful in (ETF) investing. 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.
I am with Robert Kiyosaki, Bitcoin is totally different in having its ETF, the essence of being decentralized on Bitcoin is likely becoming useless, and it can cause manipulation, especially in price.
But we really can't avoid it, it's already here, just like what happened to Gold, where some people wanted ETF on Bitcoin because they believed that price could follow the Gold after ETF.