We switched long ago to an artificial tree, so we no longer participate in the whole "tree farm industry" ... while I wasn't aware of all the chemicals that might be present, I was very aware of the house fire danger of "fresh xmas trees".
Our next iteration, living on pine forested acreage, will be to explore a truly "live" tree ... one with a good shape & needles suitable for tree ornaments, but that is planted and continually growing. We only have black pine & some pondy's, but are experimenting now with various other pines brought in ... if we can keep them alive, one might rise to the top as the best candidate for this xmas tree proposal.
WRT the use of trees in
pond water ... if you had live ones (no chemicals in sight) that you grow/cut, then perhaps when all their needles have dropped, the trunk/branches would make a safe habitat. Nothing (very little) grows where the needles drop on our acreage, so not sure you want to put all that needle load into the water, but maybe trunks w/ branches attached would work. Or some other kind of tree ...
Or, drop a battleship in there ... these are scuttled in the ocean all the time, and form great reefs for the ocean flora/fauna. Or your homestead equivalent of a battleship ... bbq pit?
We don't have coral in our ponds, but perhaps some kind of lattice material that algae can grow on ...