Bank of America: Ethereum merger could remove barriers to more institutional adoption

BlockBeats news, September 12, Bank of America (BAC) said in a research note that the significant reduction in energy consumption after Ethereum merger may lead some institutional investors to buy ETH for the first time. The ability to act as validators or to generate higher quality returns (with lower credit and liquidity risk) through collateral services could also drive adoption, according to analysts Alkesh Shah and Andrew.