Joseph Chalom, co-CEO of Sharplink Gaming, has cautioned that fund managers seeking high returns by holding Ethereum face significant risks if the market declines. Chalom highlighted that while double-digit returns on Ethereum are possible, they come with substantial risks, including credit, counterparty, deadlines, and smart contract vulnerabilities. He warned that companies trying to offset losses might resort to unwise risk-taking, potentially damaging the industry's reputation. Sharplink Gaming, the second-largest public holder of Ethereum, holds $3.6 billion in ETH, following BitMine's $8.03 billion.