Blockworks: There are currently about 250 active liquid funds in the industry

Odaily Planet Daily reported that well-known trader Ansem asked data providers such as Blockworks on X: "Has anyone counted how many liquid funds there are in the crypto space and how large their assets under management (AUM) are?"

Blockworks co-founder Jason Yanowitz replied: "I guess there are about 800 globally. I have 470 on my list (there were 1500 back in early 2022), but there might be another 40%-50% of funds that haven't disclosed information. For now, about 250 are active, but most have very small AUM, like small funds managed by two founders with maybe just $10 million in assets... Most of the AUM is actually concentrated in a handful of funds."