Robert Kiyosaki, author of Rich Dad Poor Dad, expressed his distrust of asset management giant BlackRock, describing BlackRock CEO Larry Fink as a shareholder capitalist, that is, someone who focuses on maximizing shareholder returns rather than considering employee and community interests.
Robert Kiyosaki said that BlackRock under Larry Fink is currently selling a large amount of Bitcoin and pushing its price down to below $100,000 so that it can buy it at a lower price, so he recommends not investing in BTC through BlackRock's ETF, but advocating a direct investment model, saying "I like Bitcoin in my own wallet, and I don't trust Bitcoin in BlackRock ETFs."