ETFs Are for Losers, Says Robert Kiyosaki Backing Trump’s Crypto Plans

Group 1 - Robert Kiyosaki criticizes exchange-traded funds (ETFs), labeling them as a poor substitute for direct Bitcoin ownership, stating that ETFs are "for losers" [1] - Kiyosaki advises that only investors willing to study should invest directly in digital currencies, while casual investors should opt for traditional mutual funds or ETFs [1] - Spot Bitcoin ETFs have attracted over $552 million in inflows this week, indicating strong institutional interest despite Kiyosaki's disapproval [2] Group 2 - Kiyosaki praises President Trump's executive order that expands retirement investment options, allowing 401(k) plans to include alternative assets like cryptocurrencies [3][4] - The executive order is seen as beneficial for experienced investors, providing them with more control over their portfolios and promoting diversified retirement accounts [4] Group 3 - Bitcoin experienced a 1.2% price surge on September 17, coinciding with Kiyosaki's remarks, as traders await the US Federal Reserve's interest rate decision [5] - Markets are pricing in a 96% chance of a 25-basis-point rate cut, which could enhance the appeal of risk-on assets like Bitcoin [6] - Historically, the fourth quarter has been Bitcoin's strongest, with an average return of 85% since 2013, and predictions suggest significant movements in top crypto coins if the Fed cuts rates [7]