Robert Kiyosaki bashes the ETF “for the loser” while supporting Trump's order to allow encryption in US retirement accounts.
Bitcoin ETF is looking at an influx of $552 million to discuss direct ownership and ETFS being heated up ahead of the Federal Reserve rates.
Robert Kiyosaki has regained his battle against exchange trade funds and dismissed them as “loser” investments, even if the Bitcoin ETF recorded an influx of $552 million this week.
at the same time, Poor dad for a rich dad The author threw his support behind President Donald Trump's new executive order. This has opened US retirement accounts in crypto and other alternative assets.
Why are they hostile? Details are here.
“ETFs are for losers.”
In X's post, Kiyosaki was not suppressed:
“Some of you know I'm not investing in mutual funds or ETFs. For me, mutual funds and ETFs are 'losers'. ”
He argued that ETFs are an alternative to the direct ownership of assets like Bitcoin. He says only investors willing to “study abroad” and do “homework” should consider crypto or alternative investments, while casual investors should stick to traditional mutual funds.
His criticism comes as Spot Bitcoin ETFs see strong demand. With over $5 billion inflows this week and a spill for just two days this month, it's clear that the facility will be purchased.
Still, Kiyosaki repeated his stance of “never buying” Bitcoin ETFs.
Trump's new order receives applause
Kiyosaki balances his criticism with praise for Donald Trump. He welcomed the August 7 executive order that allowed 401(k) investors to diversify into real estate, private equity, precious metals and cryptocurrencies.
“Trump's new XO opens the door to “sleeker” and “sophisticated investors.” I'm happy because Trump's new XO treats investors like “adults” and makes my gold, silver and bitcoin more valuable. ”
For Kiyosaki, this order marks a turning point as experienced investors give their portfolios more control while still keeping their tax benefits intact.
ETF and direct ownership
Kiyosaki's latest comments brought about an old debate in Crypto. On one side there are purists who believe that real value comes from holding Bitcoin directly, without relying on Wall Street products. On the other side, there are investors who view ETFs as a practical way to gain exposure without the complications of a wallet or private key.
Not everyone agreed with Kiyosaki's harsh words. One user said, “Those who simply want to grow wealth are consciously choosing to delegate monitoring and management to mutual funds. Direct stock picking is rewarding, but not essential for everyone.”
The response captures why ETFs continue to attract billions of people.
- Read again:
- Why is Crypto Market rising today?
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Why are Crypto ETFs so popular?
- Diversification: Rather than just betting on one, it exposes you to the combination of assets.
- Easy access: You can trade through a regular securities account, no crypto wallet required.
- Added security: Regulated funds reduce the risk of hacking and losing keys.
- Specialist Management: Experts handle daily volatility.
Bitcoin advances the Fed's decision
Bitcoin is currently trading at $116,786, earning 0.93% in the last 24 hours. Traders are currently waiting for a Federal Reserve rate call, with the market betting on a 96% chance of a 25-base cut. History is also on Bitcoin's side. Data shows that the fourth quarter produced an average revenue of 85% since 2013. Analysts like TomLee are hoping for “monster moves” if the Fed relaxes its policy.
