Can an ETF go to zero?

Could you possibly explain, in a probing manner, the likelihood of an Exchange-Traded Fund (ETF) reaching a value of zero? Given the various factors that influence ETF prices, such as market conditions, asset performance, and investor sentiment, is it conceivable that an ETF could potentially decline to absolutely no value? And if so, what would be the key indicators or events that might precede such an occurrence? I'm interested in understanding the mechanisms that could potentially drive an ETF's value to such an extreme low.