The Bitcoin exchange-traded funds (ETFs) market is expanding and raking in billions of dollars in capital. Despite this growth demonstrating rising adoption of the leading digital asset, finance guru Robert Kiyosaki believes ETFs are for the average investor.
Unfortunately, Kiyosaki thinks it is unwise to remain an average investor because such market participants are restricted to paper investments and not the real deal.
Own Real BTC, Not Paper
In his latest tweet praising Bitcoin, Kiyosaki urged his followers to be wary of ETFs, which he referred to as “paper.” The American entrepreneur stated that he has come to realize that ETFs simplify the investing experience for the average investor. So, he recommends such products, but with caution.
While the average investor can invest their capital in Bitcoin, silver, and gold ETFs, Kiyosaki advises that they should know when it’s time to go for real assets.
The author of Rich Dad Poor Dad likened owning ETFs to having pictures of guns
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