Raoul Pal: Ethereum merger will make ETH more attractive to institutional investors.

[Raoul Pal: The merger of Ethereum will make ETH more attractive to institutional investors] On August 15th, former Goldman Sachs executive and macroeconomic expert Raoul Pal said that ETH is still the safest and easiest way to allocate assets. He expects Ethereum’s merged upgrade to create a massive supply shock, which will benefit ETH’s price action.

According to Raoul Pal, many institutions mistakenly dislike Bitcoin due to environmental, social and governance (ESG) concerns. Pos mechanism can avoid this problem. In addition, ETH can earn income now, so this is something that institutions like, so now you need to make an asset allocation decision, which is I believe in this Web 3.0 technology world, so where do you allocate funds? BTC or ETH? The answer will be ETH. Why? Because you will get 6-10% income. (Cryptoglobe)

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