Pressure on zero-yield generating bank deposits is expected to continue, which makes ether (ETH) yields more attractive, Bernstein said in a research report on Monday.Currently, the flight is from bank deposits to the U.S. Treasury money markets, but as the ether yield economy becomes more mainstream, "it is hard not see more demand for ETH deposits and ETH yields," analysts Gautam Chhugani and Manas Agrawal wrote.
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