This article has it all wrong.
https://sherwood.news/business/etsy-has-erased-its-pandemic-era-gains-ebay-still-looks-strong/
What Etsy did was break its own model to allow numerous "shops" selling the same factory made crap onto a site that was supposed to be only for artisans & hand-crafted items. Why? Greed. More "stuff," more clicks, they thought.
And many artisans and a lot of customers voted with their...keyboards, and went elsewhere.
BTW: One alternative is the Artisans Cooperative: https://artisans.coop/
@MissGayle etsy sucks now