Robert Kiyosaki Warns Crypto ETF Investors, Urges to Hold Real Bitcoin

25 Jul, 2025

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Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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Robert Kiyosaki Flags 2025 Crypto ETF Risks for US Investors

Robert Kiyosaki Calls Crypto ETF A Picture of a Gun

Renowned author of Rich Dad Poor Dad, Robert Kiyosaki, is never shy about controversy. Over the years, he has spoken on many topics and rejected paper currency while endorsing Bitcoin, Gold, and Silver. Now, with the crypto ETF being the hot topic of the market, especially after the Spot Ethereum ETF marked its 1-year completion, it succeeded in gaining his attention, whom he acknowledged, but also revealed the risk.

In an X post today, Kiyosaki said that it has come to his realization that exchange-traded funds (ETFs) are making the lives easier for average investors, before adding that he recommends the same for average users. However, he also added the words of caution: “An ETF is like having a picture of a gun for personal defense.”

: Source: X, Robert Kiyosaki

With this, he indirectly identifies the risk of these assets as how they will be useless in times of necessity, like a photo of a gun. He advised investors to know the differences and claims that it’s better to have real gold, Bitcoin, and a gun rather than carrying these ETFs.

If you know the differences, and how to use them – you’re better than average.

Notably, he recently also predicted a Bitcoin crash, citing major bubbles in the US economy.

‘Crypto ETFs Are Fake’

While this statement left investors in turmoil, especially as crypto crashes today, the old statement further aggravates their fear. Over the last year, Robert Kiyosaki has appeared in multiple interviews and has repeatedly called ETFs fake.

His core arguments cite that crypto ETF don’t represent real ownership, hence carry less credibility and are similar to paper money. Again, in mid-2025, Kiyosaki referred to the U.S. Spot Bitcoin ETFs as “banksters’ traps,” and said that they are as fake as the U.S. dollar.

Do what is best for you…. Yet I would never buy gold, silver, or Bitcoin ETFs. In my opinion, ETFs are as fake as the US dollar and US bonds. But that is just my opinion -I prefer real.

Notably, since then, his views have diluted, as he acknowledges their purpose, but the core concern remains the same.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. What does ‘they are as fake as a US dollar’ mean?

Robert Kiyosaki calls crypto ETFs as fake as the US dollar, as they don’t represent real ownership like Bitcoin.

2. What is Robert Kiyosaki’s main concern with crypto exchange-traded funds?

His main concern is that they give a false sense of security and may be as ineffective in times of crisis as a photo of a gun for defense.

3. For whom are these ETFs best?

Kiyosaki claims that these ETFs are good for average investors but still insists on focusing on real assets.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.