Kiyosaki Slams Bitcoin ETFs, Urges Gold, Silver, BTC
1min read Renowned investor and author Robert Kiyosaki has expressed his distrust of Bitcoin Exchange-Traded Funds (ETFs), branding them as tools of the financial elite. The 'Rich Dad Poor Dad' author labeled the Bitcoin (BTC) investment product as “bankster’s money,” stressing that it undermines the cryptocurrency’s independent spirit. He grouped Bitcoin ETFs with gold and silver ETFs, dismissing them as extensions of the same alleged corrupt financial machine he has long criticized.
Kiyosaki urged investors to protect wealth by holding physical gold, silver, and Bitcoin itself, free from what he views as manipulative intermediaries. “Please protect yourself from the banksters. Buy real gold, silver, and Bitcoin. No gold, silver or Bitcoin ETFs…. Which are bankster’s money,” he said.
His philosophy of investing in alternative assets aligns with his longstanding skepticism about centralized systems. Kiyosaki suggested that Bitcoin might have questionable aspects, but it pales compared to the flaws he sees in the traditional financial system. He accused the Fed and banking leaders of shielding their failures, bailing out institutions after massive losses instead of facing consequences.
Kiyosaki concluded his outlook by warning of a possible imminent collapse of the financial system and encouraging people to take steps to shield themselves from the fallout. He believes that Bitcoin, gold, and silver can be used to protect investor wealth during market crashes.
His latest remarks come when Bitcoin and the broader cryptocurrency market are witnessing significant capital outflows, with the leading digital asset losing key support levels. Kiyosaki noted that declining Bitcoin prices should be viewed as a ‘sale’ and an opportunity to accumulate more of the asset, as he maintains a bullish outlook. He sees Bitcoin hitting a new record high in 2025, predicting that the cryptocurrency will likely trade between $175,000 and $350,000 this year.
