Renowned author and financial expert, Robert Kiyosaki, has expressed his reluctance towards Bitcoin (BTC) ETFs, preferring to directly own assets instead of Wall Street's financial products. Kiyosaki, best known for his book "Rich Dad Poor Dad," took to Twitter to answer a question about his interest in the Bitcoin ETF, stating, "No, I don't own gold or silver ETFs or REITs, real estate ETFS."

Kiyosaki's preference for direct asset ownership stems from his desire to package his own financial products, which he believes requires him to be "smarter than most ETF buyers." He emphasizes that this approach is what works best for him, and if he makes a mistake, he has no one to blame but himself.

Despite his skepticism towards Bitcoin ETFs, Kiyosaki remains bullish on the apex cryptocurrency. In January, he predicted that Bitcoin's value would reach $150,000, and he even disclosed his purchase of 5 additional Bitcoins, valued at over $230,000 at the time of spot ETF approval.

The ProShares Bitcoin Strategy ETF, VanEck Bitcoin Trust, and ARK 21Shares Bitcoin ETF were approved on Jan. 10, 2024, but Kiyosaki's latest tweet suggests a preference for direct ownership of assets, distancing himself from Wall Street's financial products.

Interestingly, Kiyosaki shares the same sentiments as Ark Invest CEO Cathie Wood, who predicted a $2.3 million value for Bitcoin. Kiyosaki endorses Wood's bold investment approach, stating, "Kathie Wood is very smart. I trust her opinion."

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