Will Hong Kong ETFs increase Bitcoin prices?

I'm curious, given the recent surge in popularity of Bitcoin and other cryptocurrencies, could the introduction of Hong Kong-based ETFs (Exchange-Traded Funds) have a significant impact on Bitcoin prices? With ETFs providing easier access to investors and potentially bringing in new capital, do you believe there's a direct correlation between the availability of these products and the upward trend of Bitcoin's valuation? Could we expect to see a spike in Bitcoin prices as a result of these developments, or are there other factors at play that might dampen the effect?