CNBC analyst Jim Cramer says he wants to “own” Bitcoin and ETH for his kids because it’s a hedge against the US national debt. The analyst sees Bitcoin as a potential hedge against the growing devaluation of the US dollar, similar to gold. Bitcoin’s fixed supply and concerns about rising government spending and national debt are making the asset much more valuable to traditional finance experts like Cramer. Thus, Cramer is praising BTC and even Ethereum as must-have investments.

“I want to own some to hedge against the $38 trillion debt,” Cramer said on Wednesday. “I don’t want that debt….I’m worried about my kids…$38 trillion debt. So then why don’t you buy some Bitcoin?” Cramer’s views on Bitcoin have shifted over time. He was initially skeptical, but by January 2024, he acknowledged its “remarkable comeback” and stated that it “can’t be killed.

Cramer Continues Support for Bitcoin and Ethereum Investing

Cramer previously revealed that he had invested in Bitcoin on his show “Mad Money” earlier this year. “If you want to own bitcoin, (you) own bitcoin,” Cramer said in response to a caller during a January episode. “I own bitcoin, you should own bitcoin. Bitcoin is a great thing to have in your portfolio.” The market is responding mixed to Cramer’s Bitcoin support, with many acknowledging Cramer’s history of being a signal of reverse sentiment. Cramer has become a meme of sorts when it comes to predicting the opposite outcome of what actually happens around an asset. For BTC, the coin is already down 1% today after rallying 15% in the last month.

Also Read: 2025 Bitcoin Strategy: 5 Steps to Your First $1 Million

Bitcoin and Ethereum have now become leading world assets. Thanks to several pro-crypto regulations being passed in 2025, institutional interest in the crypto industry is at an all-time high, with prices also climbing to near-record levels. BTC surpassed $120,000 for the first time this Summer, while Ethereum is nearing $4,000 for the first time since 2021. While it may be hard for some people to invest such a high amount directly, many experts like Cramer suggest exploring digital assets as the US continues an uncertain battle with national debt.