“Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America”
September 13, 2022
“…The notable reduction in energy consumption after the Merge may allow some institutional investors to purchase ether (ETH) for the first time – those who were barred from buying tokens that run on blockchains that use the PoW consensus mechanism, the report said.
“The ability to stake ETH and generate a higher-quality yield (lower credit and liquidity risk) as a validator or through a staking service rather than on block-box lending/borrowing applications may also drive institutional adoption,” analysts Alkesh Shah and Andrew Moss wrote…”
https://finance.yahoo.com/news/bank-america-says-ethereum-blockchain-114637351.html