Spectral

Does "spectral" in the following context mean "ghostly and intangible"?

Context:

Sherrie Levine’s Urinal, 1996, is an update of Marcel Duchamp’s 1917 version which transfers the utilitarian quality of Duchamp’s ‘original’ into the highly polished bronze shininess of the ultimate fetish object, alluding to both the female body, repressed in Duchamp’s version, and to the over-valued status of the art object as a commodity. Levine’s Urinal is a kind of spectral fetish that ironically comments on the acceleration of commodity fetishism in the art market by simulating it. It is as if the work presents itself in terms of disavowal: ‘I know this is a copy of a copy...but all the same it is an original work of art.’