Yes, I was wondering about the same thing. However, I haven't been active in relevant communities since a few months after the covid crash. So, I don't know "what's up" with the market.
But I think ETFs are still valid. Due to the once-in-a-lifetime events of the past years, I think it's just many companies having difficulties and a similar amount of other companies doing great. Hence the sideways trend. Or its just the rich controlling the trading being more conservative and buying out everytime they can.
Da wird es bestimmt einige witzige Vergebärdensprecher geben 😄 Ich finde das allerdings nicht so dramatisch, wenn es meistens gut funktioniert und wir somit alle wichtigen (oder mehr) Sendungen übersetzen.