Woofun AI reports that the number of active liquid funds in the cryptocurrency sector has declined to approximately 250. Blockworks co-founder Jason Yanowitz stated that while roughly 800 funds exist globally, a significant portion remains undisclosed or inactive. He noted that the count was 1500 in early 2022, with current active funds largely consisting of small entities managing around $10 million, while the majority of assets under management are concentrated within a limited number of larger funds.