Kiyosaki warned that the "fear of making mistakes" (FOMM) is a greater obstacle to Bitcoin wealth than market volatility or missed opportunities. Meanwhile, spot Bitcoin ETFs saw a major turnaround with $744.4 million in net inflows last week, breaking a five-week outflow streak. Additionally, discussions around tokenizing US gold reserves have resurfaced, with experts noticing that these efforts could raise broader awareness about Bitcoin's decentralized advantage.
Fear of Mistakes Is the Real Barrier to Bitcoin Wealth
Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, once again voiced his support for Bitcoin. This time, he warned that the fear of making mistakes—what he calls FOMM—could prevent many from achieving generational wealth.
In a post shared on X, Kiyosaki drew a distinction between two common investor mindsets: FOMO, the fear of missing out, and FOMM, the fear of making mistakes. While those driven by FOMO often rush into assets like Bitcoin and potentially reap rewards, those paralyzed by FOMM tend to hesitate and ultimately miss out.
Kiyosaki warned that, if history repeats itself, those fearful of making mistakes will wait until Bitcoin surpasses $200,000 and then claim it’s too expensive to buy. He firmly believes that this mindset, more than any market condition, is what keeps people from building wealth. Reiterating his long-held belief in Bitcoin’s potential, Kiyosaki said he still sees the asset climbing to $250,000 in 2025, driven by increasing institutional adoption, its fixed supply, and growing distrust in fiat currencies.
Kiyosaki is known for his deep skepticism of traditional financial systems, and sees Bitcoin as a way to protect oneself from inflation, government overreach, and what he describes as “fake money.” He even called Bitcoin the greatest opportunity in history, and argued that too many people are held back by a deeply ingrained fear of failure that is often instilled in them by the education system. According to Kiyosaki, this fear prevents people from learning through action and taking the kinds of financial risks that lead to success.
To those still hesitant, Kiyosaki recommended turning to respected voices in the Bitcoin space like Jeff Booth, Michael Saylor, Samson Mow, and Max Keiser. He pointed out that real financial education isn’t coming from classrooms or Wall Street anymore. Now, it’s accessible to anyone through platforms like YouTube. In his view, the worst mistake someone can make today is not buying Bitcoin, and allowing fear to stop them from acting.
Bitcoin ETFs Break Outflow Streak
Traders’ FOMM could reduce as spot Bitcoin ETFs in the United States broke a five-week streak of net outflows after recording a net inflow of $744.4 million in the week ending March 21. This was the strongest weekly performance for these funds in eight weeks and extended their daily inflow streak to six consecutive trading sessions. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge by accounting for $537.5 million of the total, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.
Bitcoin ETF flow (Source: Farside Investors)
The renewed inflows come after a difficult period for the crypto market and global economy, which was weighed down by trade tensions and rising concerns over a potential recession. Earlier this year, Bitcoin ETFs saw their highest weekly net inflows in 2025, with $1.96 billion during the week ending Jan. 17 and $1.76 billion the next week.
That period also coincided with Bitcoin hitting an all-time high of $109,000 on Jan. 20, the same day Donald Trump was inaugurated as US President. However, after that peak, Bitcoin dropped to the $78,000 range due to a broader market correction.
In contrast, Ethereum ETFs continued to face pressure and extended their net outflow streak to four weeks. During the same period ending March 21, Ethereum funds saw $102.9 million in outflows, with $74 million attributed to BlackRock’s iShares Ethereum Trust ETF (ETHA).
Ethereum ETF flow (Source: Farside Investors)
Despite the short-term weakness in Ethereum ETFs, BlackRock’s BUIDL fund offered a sign of institutional confidence in Ethereum’s long-term utility. The fund focuses on tokenized real-world assets, and now holds a record $1.15 billion worth of Ether. This is up from $990 million a week ago. This increase means that there is still strong confidence in Ethereum as a leading platform for asset tokenization.
Crypto fear and greed index (Alternative)
Overall market sentiment also improved, which was reflected in the Crypto Fear & Greed Index. The Index rose to a score of 45 from 32 the past week. Still, Singapore-based QCP Capital urged caution, warning that tariff escalations expected on April 2 could reignite pressure on risk assets and dampen optimism surrounding the current rebound.
Tokenizing US Gold Could Boost Bitcoin
A proposal to tokenize or track the United States’ gold reserves on a blockchain recently gained some traction, but it wouldn’t operate in a trustless manner like Bitcoin, according to Greg Cipolaro, global head of research at the New York Digital Investment Group (NYDIG). In a note that was published on March 21, Cipolaro addressed the recent ideas floated by figures in the Trump administration, including Elon Musk, to use blockchain technology for greater transparency around US gold holdings and government spending.
Summary of Cipolaro’s note
While crypto executives have voiced their support for the concept, Cipolaro pointed out that blockchains themselves are limited in their capabilities and rely on external input for context. For instance, Bitcoin doesn’t know its own price or the current time, he said.
Cipolaro argued that tokenizing gold reserves or tracking their movement on a blockchain could indeed help improve transparency and simplify audits. However, he warned that such systems will still depend on centralized institutions to provide and verify the data—unlike Bitcoin, which was designed to eliminate the need for centralized trust. Despite this limitation, Cipolaro said that these efforts are not in competition with cryptocurrencies and could actually help raise awareness of the broader crypto market, potentially benefiting Bitcoin in the long run.
The conversation around gold transparency was reignited amid calls for an independent audit of the United States’ gold reserves. Senator Rand Paul recently suggested that Elon Musk’s federal efficiency campaign should look into the nation's gold holdings, particularly those stored at Fort Knox, which houses roughly half of the country's reserves. Although the US Treasury already conducts monthly audits and publishes reports on its gold holdings, people like Trump and Musk echoed some of the longstanding conspiracy theories about whether the gold is actually still there.
Trump and Musk both advocated for a more independent verification process. The vaults at Fort Knox were last publicly opened in 2017 for a visit by then-Treasury Secretary Steve Mnuchin, and before that, in 1974 for a congressional delegation and a group of journalists. According to the US Mint, no major movement of gold has occurred at Fort Knox for many years, apart from minimal samples used for purity testing.
