Yes it should, cause it would actually bring in a lot of new investors into the market and bitcoin price might go up or even down, so Yes bitcoin etf would affect the price of bitcoin.
But does it really affect the market as of now, or still waiting to what would it bring in the future , many are looking for direct effect but we can see for half a month now yet we can barely see big investors coming in, or they are just waiting to when it will happen.
Nope that is not mate , temporary effect in market is always there and also look at the price now after weeks ? recovered and making its way up again , how many times did we see the ups and downs but the important part is that ETF is here to stay and in future will bring best result for all who are using and investing in bitcoin once those big guys started purchasing and showing the market what they can bring.
I don't really think about it, I hope that BTC will wake up quickly and increase in price without having to wait for the program to run normally, which can be seen at the moment, this is a slow movement and uses up a lot of energy and if it continues sideways like this, it will make them too lazy to enter the market. and more waiting for market developments.
that is what you wanted but the problem is ? do the market shows it now or not? try not to listen to your desire but instead look at the actual market.