Rich Dad Poor Dad Author Issues ‘Paper Bitcoin’ Warning As BTC ETFs Shatter $152,000,000,000

Private monetary writer Robert Kiyosaki warns in opposition to having Bitcoin (BTC) publicity by exhibition -related funds (ETFs) as a substitute of retaining actual cash.

In a brand new message on the social media platform X, the wealthy dad poor daddy writer refer Bitcoin ETF shares as ‘paper’, and emphasizes that it’s nonetheless higher to own the true property instantly as a substitute of being depending on establishments for publicity.

“Watch out for paper.

I notice that ETFs make investing simpler for the common investor … so I like to recommend ETFs for the common investor. But I’m spreading these phrases of warning.

For the common investor I like to recommend:

Gold ETFs
Silver ETFs
Bitcoin ETFs

But an ETF is sort of a picture of a gun for private protection.

Generally it’s best to have actual gold, silver, bitcoin and a gun.

Know the variations when it’s best to actually have and when it’s best to have paper.

If you recognize the variations and the way you should utilize them … You’re higher than common.

Greetings. “

The warning from Kiyosaki is amid an explosion available in the market capitalization of all Bitcoin ETFs. The newest songs of the Crypto Information Aggregator Coinglass show These Bitcoin ETFs collectively have a market capitalization of $ 152.73 billion.

On the prime of the record is BlackRock’s Ishares Bitcoin Belief (Ibit) with a market capitalization of $ 86.11 billion, adopted by Constancy Clever Origin Bitcoin Fund (FBTC) and Grayscale Bitcoin Belief ETF (GBTC) with market capital and $ 21.335.

Comply with us on X” Facebook And Telegram

Do not miss a beat – Subscribe to get e -mail notifications on to your inbox

Verify value promotion

Surf the Day by day Hodl -Combine

Generated picture: midjourney