- Kiyosaki urges holding real gold, silver, and Bitcoin over ETFs, citing better protection in economic uncertainty.
- While ETFs offer convenience, Kiyosaki likens them to a photo of a gun, useful only until real world access is needed.
- He advises knowing when to shift from paper based assets to physical or self custodied holdings for true financial control.
In a pointed message to investors, Robert Kiyosaki, Rich Dad Poor Dad author, has issued a clear warning on the growing popularity of exchange traded funds (ETFs), including those tied to Bitcoin, gold, and silver.
As the rise of spot crypto ETFs continues to attract mainstream attention, Kiyosaki emphasized that investors must understand the difference between owning the “real thing” and simply holding paper representations of value.
According to a statement shared on X, he stated that ETFs are convenient for the average investor, but fall short when it comes to security and control. He warned that in uncertain economic conditions, holding physical gold, silver, and Bitcoin may offer more tangible protection than relying solely on ETFs.
ETFs Serve a Purpose, But Real Ownership Matters
Kiyosaki acknowledged that crypto and commodity ETFs make investing more accessible. He recommended gold, silver, and Bitcoin ETFs for average investors due to their simplicity and liquidity.
However, he added a word of caution. Drawing a bold comparison, he said owning an ETF is like having a photo of a gun for self defense. The underlying message was that paper based investments may fail when real world access or utility is required.
This message comes amid increased attention toward digital asset ETFs. With the spot Bitcoin ETF already approved and Ethereum ETFs nearing their one year mark, retail interest continues to grow. Yet Kiyosaki’s long standing position is firm, real assets outperform paper claims during systemic shocks or market failures.
Kiyosaki Flags the Risk of ‘Fake’ Crypto Exposure
Over the past year, Kiyosaki has frequently criticized ETFs, calling them “fake” in past interviews and posts. In mid 2025, he labeled Bitcoin ETFs as “banksters’ traps,” equating them with the U.S. dollar and bonds in terms of credibility.
According to his earlier statements, ETFs do not offer true ownership of the underlying asset. This distinction, he says, matters most when it counts. Even though his recent comments appear more measured, the core concern is unchanged.
Kiyosaki continues to favor self custodied Bitcoin, physical gold, and silver over paper equivalents. He insists investors must recognize when it’s time to step beyond convenience.
Knowing When to Transition From Paper to Real Assets
Kiyosaki emphasized that while ETFs are useful, they cannot fully replace the benefits of holding physical or self-custodied assets. He urged investors to educate themselves on when paper investments suffice, and when they fall short.
Knowing this difference, he says, separates average investors from those better prepared for uncertainty. His message focused on readiness, not rejection. While he does not oppose ETFs outright, he noted the importance of using them wisely.
By understanding the limitations of paper assets, investors can make decisions that align with their financial strategy, especially when facing unpredictable market conditions.
