Key Highlights
- In an interview, Jim Cramer said that crypto is fine, and it can work as a hedge against U.S. debt
- Earlier, he also advised his followers to buy Bitcoin
Popular American TV personality Jim Cramer gave a thumbs-up to cryptocurrency on his show Mad Money last night.
INTEL: Jim Cramer said he views crypto as “fine,” describing it as insurance against the $37 trillion U.S. debt
— Solid Intel 📡 (@solidintel_x) September 29, 2025
After years of often being wary of digital money, Cramer now says it is “fine” and, more importantly, acts as crucial “insurance” for investors worried about the United States’ massive $37 trillion debt.
“I’m using it as insurance, and it’s insurance against the $37 trillion that we owe,” Jim Cramer told viewers.
This is a major change of heart for the influential TV personality, Jim Cramer. Back in 2021, he famously told people to sell their Bitcoin. Now, he is joining a growing number of Wall Street experts and everyday people who see crypto as a safe haven. Recently, he said, “Buy crypto.”
Experts like Jim Cramer believe that its value can hold up even if the US dollar weakens because of the government’s spending.
Fear Over Growing US Debt
The problem Jim Cramer is talking about is very real and very big. The U.S. national debt has ballooned to a staggering $37.4 trillion. To put that in perspective, the country’s debt is now larger than its entire annual economic output.
This huge debt is caused by the government spending more money than it collects in taxes. Just this past August, the US government ran a deficit of $345 billion. While that’s a slight improvement from the year before, the overall trend is still alarming.
Jim Cramer’s statement comes amid a major development in the U.S. The U.S. is nearing a government shutdown as Congress struggles to pass funding bills before the deadline on September 30. With the national debt at $35.8 trillion and the debt ceiling looming, a shutdown could exacerbate economic instability.
A major part of the worry is the interest, which is the money the government has to pay just to service this debt. Those interest payments are on track to cross $1 trillion per year by 2026. That is money that can not be used for things like defense, healthcare, or infrastructure. It is like a family spending so much on their credit card interest that they can’t afford groceries.
This situation has many investors scared. They fear it could lead to high inflation, making the cash in their wallets worth less, or even a downgrade of the U.S.’s credit rating, which would shake global markets.
Jim Cramer’s Statement Highlights Recent Crypto Adoption
Cramer’s new stance is not just a wordplay, as recently, cryptocurrency adoption by institutional investors has grown.
Big players like pension funds and investment firms are now pouring money into cryptocurrencies. A report from EY-Parthenon found that an overwhelming 85% of large institutions either already invest in crypto or plan to do so by the end of this year. Nearly 60% of them intend to put more than 5% of their total assets into it.
They see crypto, especially Bitcoin, as a different kind of asset. Its value does not necessarily move in lockstep with the stock market. When traditional investments look risky because of government debt or inflation, crypto can act as a shield.
This institutional adoption has been made easier by new rules and financial products. The approval of Spot Bitcoin ETFs in 2024, which allows people to buy into Bitcoin through their regular stock brokerage account, has opened the floodgates. Major financial names like Fidelity, Charles Schwab, and BlackRock are now deeply involved, giving the market a new level of legitimacy and safety.
According to CoinGlass, total net assets locked in Bitcoin ETFs are around $147.81B.
The “Cramer effect” is a major signal that crypto is moving from the fringes of finance into the mainstream.
In the United States, the number of adults who own some form of cryptocurrency has nearly doubled since 2021, now standing at 28%. The average crypto owner keeps about 14% of their investment portfolio in it.
Globally, people in countries with unstable currencies, like Nigeria, are using crypto to protect their savings and send money across borders without high fees.
