Veteran financial commentator Jim Cramer, known for his once-skeptical stance on crypto, has now publicly revealed that he is accumulating Bitcoin (BTC) and Ethereum (ETH) not just for himself, but for his children’s future.
In a recent interview, Cramer explained that the U.S. national debt, now surpassing $38 trillion, is a key concern shaping his investment decisions. “I buy it a lot because I’m very worried… people want to own some as a hedge against the $37.8 trillion… for their kids,” he stated, highlighting his shift toward digital assets as a generational financial strategy.
A Pivot from Critic to Crypto Advocate
Cramer, a former hedge fund manager and long-time host of CNBC’s Mad Money, has long been a controversial voice in financial markets. While he has criticized crypto volatility in the past, his tone has changed amid rising fiscal pressures in the U.S. economy.
He referred to Bitcoin as a “nice hedge” and emphasized that he is not betting on the dollar long term. According to Cramer, digital assets offer protection not only from debt-driven inflation, but also from institutional monetary instability.
Wall Street Eyes Follow?
Cramer’s remarks are more than personal. As a symbol of mainstream finance, his shift adds weight to the institutional narrative forming around Bitcoin and Ethereum not just as speculative assets, but as macro hedges.
This echoes a broader move across traditional finance, with firms like BlackRock, Goldman Sachs, and BNY Mellon exploring tokenized products and crypto-based settlement rails.
Sources: Binance Square, Watcher.Guru, CryptoBriefing, Coinpedia, AInvest
