'Rich Dad Poor Dad' Author Robert Kiyosaki Says Buy Bitcoin ETF: 'Don't Be Caught Sleeping Like Most Americans'
Portfolio Pulse from Mehab Qureshi
Robert Kiyosaki, author of 'Rich Dad Poor Dad', recommends buying a Bitcoin ETF, citing a potential economic depression and the likelihood of the Treasury and Fed printing more money. He suggests investing in gold, silver, and Bitcoin, with a particular emphasis on the affordability of silver and the opportunity to invest in a Bitcoin ETF. Financial analysts note that several asset management companies, including BlackRock, WisdomTree, and Valkyrie, await SEC approval for a spot Bitcoin ETF.
November 29, 2023 | 8:55 am
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Robert Kiyosaki's endorsement of a Bitcoin ETF could potentially increase interest in Bitcoin, possibly leading to a short-term positive impact on its price.
Kiyosaki's influence as a financial expert could sway public opinion, leading to increased demand for Bitcoin and Bitcoin-related products like ETFs. However, the actual impact will depend on market reception and broader economic conditions.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80