Ether’s sluggish price action is driven more by a lack of investor interest than by the ongoing outflows from spot Ether exchange-traded funds (ETFs). Ether (ETH) price fell over 26% since the launch of the US spot Ether ETFs, which debuted for trading on July 23, recording a cumulative $420.5 million worth of net outflows since launch. However, Ether’s price isn’t struggling due to the continued ETF outflows, but due to a lack of risk-on appetite among investors, according to Aurelie Barthere, principal research analyst at Nansen onchain analytics platform. The research analyst told Cointeleg…