We can see the price crashing since its release.
I would think that it will take a while for the ETF's to have any impact because they were just released.
Actually it's gonna have impact on Bitcoin price but gradually as what we are seeing now is as a result of some corrections that are being made that's why the price didn't skyrocket as almost every one thought that after ETFs approval that the price is gonna jump. You know, almost everyone was expecting the price to pump but had it been it was so; a lot of short term investors would have only been interested in selling off their coin since they feel they've made a little profit from their investments rather than hold their coin so definely, bitcoin price will increase but not at a time that everyone will be anticipating.