Developers I know typically like something simple, flat, and issue-focused. Think GH issues.
PMs tend to want more feature rich tools with advanced reporting and customizable views. Think salesforce.
Product owners (I haven't had many) just want to know "are we there yet?" and will rarely open any tool or learn how they work - they just badger the PM via email or in meetings.
My problem isn't that there aren't tools that I like, its that there aren't a lot of tools that can be "all things to all people."
If a tool was built on something simple (GH Issues) and added a layer of complexity on top for PMs I think you'd have a winner. Waffle (waffle.io) is going in that direction, though they aren't heavy in the PM tooling area yet(?)
A little off-topic, but that's definitely not what I expect from a PO. On the contrary, a PO should be highly involved in the tool used to track the features that they have requested and defined, the bugs that they have identified, etc.
Most of my career has been at smaller startups so maybe product owners have a different role in larger organizations.