Robert Kiyosaki, renowned author of 'Rich Dad Poor Dad,' has cautioned against investing in Bitcoin Exchange Traded Funds (ETFs). Labeling Bitcoin ETFs as 'fake Bitcoin,' Kiyosaki advocates for direct investment in actual Bitcoin instead.

Kiyosaki adheres to Warren Buffet's buy-and-hold strategy, revealing that he purchases Bitcoin every month. However, he did not disclose specific details about his investment strategy or the amount he buys.

His warning comes at a time when many investors are turning to Bitcoin ETFs to gain exposure to the cryptocurrency market without directly owning or managing digital assets. Kiyosaki's comments highlight his belief that direct investment in Bitcoin offers a more authentic and potentially more profitable opportunity for investors.

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