Robert Kiyosaki Criticizes ETFs, Supports Trump’s Crypto Investment Order

Entrepreneur Robert Kiyosaki criticized exchange-traded funds (ETFs), asserting they are inferior to direct ownership of Bitcoin. He believes only knowledgeable investors should directly invest in digital currencies, advising casual investors to stick with basic mutual funds or traditional ETFs.

Despite Kiyosaki's criticism, spot Bitcoin ETFs attracted over $552 million in inflows this week, indicating strong institutional interest.
Kiyosaki praised a recent executive order by President Trump that expands retirement investment options to include cryptocurrencies, arguing it offers more control to investors.
The US Federal Reserve is anticipated to announce a possible 25-basis-point rate cut, which could benefit risk-on assets like Bitcoin.
Historically, the fourth quarter has been Bitcoin's strongest, with an average return of 85% since 2013. Market analysts predict significant movements if rates are cut.