This article discusses the need for on-chain funds of funds in the crypto market. It outlines how these funds can manage risk, oversee liquidity, and conduct thorough research to protect investments amid rising volatility. The author warns that many investors lack the skills to track and size their investments properly.

Bernstein reports that Ethereum treasuries have acquired 876,000 ether, representing about 0.9% of the total supply, adding new demand for the asset. While these treasuries can generate yields through staking, they also introduce liquidity and smart contract risks that differ from traditional Bitcoin treasury models. Analysts suggest that the success of ETH treasuries will depend on effective risk management as corporate interest in the asset grows.