According to Odaily, Robert Kiyosaki, the author of 'Rich Dad Poor Dad', has issued a warning against investing in Bitcoin Exchange Traded Funds (ETFs). He expressed a preference for investing in actual Bitcoin, referring to Bitcoin ETFs as 'fake Bitcoin'.
Kiyosaki recently revealed that he purchases Bitcoin every month, adhering to Warren Buffet's buy-and-hold strategy. He did not provide further details about his investment strategy or the amount of Bitcoin he purchases each month.
His warning against Bitcoin ETFs comes amidst a growing trend of investors turning to these financial products as a way to gain exposure to the cryptocurrency market without the need to directly own or manage the digital assets. However, Kiyosaki's comments suggest that he believes direct investment in Bitcoin provides a more authentic and potentially more profitable experience for investors.