PI Coin’s Valour ETP Launch Fails to Spark Market Interest
Pi Coin's debut exchange-traded product (ETP) from Valour has struggled to generate significant demand, showing tepid uptake in the Swedish stock market since its late August launch. The cryptocurrency continues to hover near its $0.34 support level, reflecting broader market indifference.
On-chain data provides a slight silver lining—recent exchange outflows indicate potential accumulation activity. However, the ETP's muted performance aligns with the general apathy seen in both spot and derivatives markets, highlighting Pi's ongoing challenge in establishing credible utility and market traction.