Robert Kiyosaki Predicts Bitcoin to Hit $350K by 2025
- Ademe Etefworkie Melaku
- Dec 28, 2024
- 1 min read
According to a recent report, Robert Kiyosaki, author of "Rich Dad Poor Dad," predicts Bitcoin will reach $350,000 by 2025. This prediction comes amidst ongoing discussions about institutional involvement in cryptocurrency, particularly concerning BlackRock's Bitcoin ETF. The report highlights that Bitcoin has seen 130% growth this year and is attracting increasing institutional interest.
The report also notes a significant outflow of $188.7 million from BlackRock's Bitcoin ETF (IBIT) on December 25th, raising questions about investor sentiment. Kiyosaki expressed skepticism about trusting Bitcoin to institutional players like BlackRock through ETFs, suggesting the potential for price manipulation that could disadvantage retail investors. He emphasized his preference for self-custody of Bitcoin, stating, "I love Bitcoin in my wallet."
It's important to note that this information is based on a report that discusses Kiyosaki's predictions and views on the matter.
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