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I think the idea here is to abstract the custody model plus banks have regulations in place that prevents them from becoming broker dealers to equities.
I see your point but I also want more utility to be developed on top of bitcoin which would drive up the demand for UTXOS
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IMO i'd rather them build this out on Solana than on Bitcoin. It invites a lot of regulatory scrutiny and political involvement that I'd rather Bitcoin steer clear of.
I'm also pretty skeptical about the robustness of these proof-of-stake systems. They're not decentralized and not transparent so how are they better than a bank? Just seems to me like they're gonna be another bank-like entity that happens to use a different tech stack for their back end, but in the end it's still a trust-me-bro bank.