Robert Kiyosaki Invests More in Bitcoin After SEC Approves BTC ETFs
Robert Kiyosaki, the author of Rich Dad Poor Dad, recently announced that he has purchased more bitcoin following the approval of 11 spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Kiyosaki is worried about the state of the U.S. economy, particularly the threat of hyperinflation.
In a post on social media platform X, Kiyosaki expressed his concerns about inflation and the possibility of hyperinflation caused by the decisions made by White House, Treasury, and Fed officials. He wrote, “That’s why I bought 5 more bitcoin today.” He also emphasized the need to trust yourself rather than relying on leaders with PhDs.
SEC Approves Spot BTC ETFs
The SEC’s approval of 11 spot bitcoin ETFs is a significant development in the cryptocurrency market. These ETFs can now be traded on major exchanges like NYSE Arca, Nasdaq, and Cboe BZX Exchange. Kiyosaki expressed his satisfaction with the decision, reaffirming his positive outlook on bitcoin and his belief that its price will reach $150,000 soon.
Kiyosaki’s Bullish Stance on Bitcoin
Robert Kiyosaki has been a strong advocate for bitcoin, gold, and silver. He considers bitcoin the best protection against hyperinflation. Kiyosaki has made bold predictions about the future price of bitcoin, including projections of $135,000 in the near future and even $1 million in a global economic meltdown. Last year, he also predicted that bitcoin would reach $500,000 by 2025.
Kiyosaki’s predictions reflect his deep concerns about America’s financial future and the potential demise of the U.S. dollar. He believes that investing in bitcoin now is crucial before it’s too late.
Hot Take: Robert Kiyosaki Increases Bitcoin Holdings to Protect Against Economic Uncertainty
Robert Kiyosaki, the famous author of Rich Dad Poor Dad, recently revealed that he has purchased more bitcoin following the SEC’s approval of spot bitcoin ETFs. This move reflects Kiyosaki’s concerns about the U.S. economy and the potential for hyperinflation. He emphasized the need to trust oneself rather than relying on leaders and expressed his bullish stance on bitcoin, predicting a price of $150,000 soon. Kiyosaki sees bitcoin as the best protection against hyperinflation and has made various bold predictions about its future price. His advice to investors is to get into bitcoin now before it’s too late.
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