Robert Kiyosaki has brought back his fight against exchange-traded funds, dismissing them as investments for “losers” even as Bitcoin ETFs recorded $552 million in inflows this week.
At the same time, the Rich Dad Poor Dad author threw his support behind President Donald Trump’s new executive order, which opens U.S. retirement accounts to crypto and other alternative assets.
“As some of you know I do not invest in mutual funds or ETFS. To me Mutual funds and ETFS are for ‘losers.’”
He argued that ETFs are a poor substitute for direct ownership of assets like Bitcoin. According to him, only investors willing to “study” and do their “homework” should consider crypto or alternative investments, while casual investors should stick with traditional mutual funds.
His criticism comes at a time when spot Bitcoin ETFs are seeing strong demand. With over half a billion dollars in inflows this week and only two days of outflows this month, institutional buying remains clear.
Still, Kiyosaki has repeated his stance that he would “never” buy a Bitcoin ETF.
Trump’s New Order Gets Applause
Kiyosaki balanced his criticism with praise for Donald Trump. He welcomed the August 7 executive order that allows 401(k) investors to diversify into real estate, private equity, precious metals, and cryptocurrencies.
“Trump’s new XO opens the door for ‘smarter’ more ‘sophisticated investors’… I am happy because Trump’s new XO treats investors like ‘adults’ and makes my gold, silver, and Bitcoin more valuable.”
For Kiyosaki, the order marks a turning point as it gives experienced investors more control over their portfolios while keeping tax benefits intact.
ETFs vs. Direct Ownership
Kiyosaki’s latest comments brought back an old debate in crypto. On one side are purists who believe real value comes from holding Bitcoin directly, without relying on Wall Street products. On the other side are investors who see ETFs as a practical way to get exposure without the complications of wallets and private keys.
Not everyone agreed with Kiyosaki’s harsh words. One user responded: “Those who simply want their wealth to grow are consciously choosing to delegate the monitoring and management to mutual funds. While direct stock picking can be rewarding, it isn’t mandatory for everyone.”
That reaction captures why ETFs continue to attract billions.
Diversification: Gain exposure to a mix of assets instead of betting on just one.
Easy access: Tradeable through regular brokerage accounts, no crypto wallets required.
Added security: Regulated funds reduce risks like hacks or lost keys.
Professional management: Experts handle the day-to-day volatility.
Bitcoin Climbs Ahead of Fed Decision
Bitcoin currently trades at $116,786, gaining 0.93% in the last 24 hours. Traders are now waiting for the Federal Reserve’s interest rate call, with markets betting on a 96% chance of a 25-basis-point cut.Lower rates often boost risk assets like Bitcoin by reducing the appeal of bonds. History is also on Bitcoin’s side: data shows the fourth quarter has delivered an average return of 85% since 2013. Analysts like Tom Lee expect a “monster move” if the Fed eases policy.
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FAQs
Is it better to own Bitcoin directly or through an ETF?
Direct ownership gives you full control and security responsibility, while an ETF offers convenience, regulatory oversight, and easy access through a brokerage account. The best choice depends on your personal financial goals and expertise.
What are the risks of investing in crypto ETFs?
Crypto ETFs are subject to high volatility and market sentiment. While they offer professional management and security, they still carry risks like tracking errors and are not a substitute for direct ownership.
What is Trump’s new executive order on retirement accounts?
The new executive order aims to expand investment options for 401(k) accounts, allowing investors to diversify into alternative assets like real estate, private equity, precious metals, and cryptocurrencies.
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