In my SharePoint online, external sharing is enabled and I am able to share files externally but in the same site and documents library when I am trying to share folder, the anyone with link sharing link is grey out.
Please refer to the following documents , and try to follow the solution in the documents to test . Hope it can help you.
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Thanks @Zellla, it was the "Limited access feature" which creating the trouble. This link worked: sharepointdiary.com/2019/03/…– cjsJun 6, 2022 at 7:08