You could, but there are a couple things to think about:
1) It'll be sort of noisy because the bubbles will be cut up by the impeller which will cause noice.
2) Because of this, if you have too many bubbles at once, you might break your filter. I haven't heard of this happening, but I'm sure it has, since I've heard that it can break it.
It's a pretty efficient way of dissolving c02 but the noise factor, and chance of breaking the filter isn't going to be a chance that I would take.