Would a spot market ETF change the price of bitcoin?

The question begs for clarity: Could the introduction of a spot market Exchange Traded Fund (ETF) significantly impact the price of Bitcoin? While the cryptocurrency market has seen a proliferation of financial instruments and products, an ETF designed to track the spot price of Bitcoin could potentially introduce a new wave of investors. The influx of capital from traditional investors seeking exposure to Bitcoin without directly purchasing it could increase demand, potentially driving up the price. However, the opposite could also occur if the ETF fails to attract significant interest or investors opt to sell their shares, thus adding selling pressure to the market. The overall effect is uncertain and hinges on several factors, including the size and liquidity of the ETF, investor sentiment, and market conditions. What do you think? Could a spot market ETF alter the price trajectory of Bitcoin?