The "Spooky Scorched sound". Was it inspired by a 90s Halloween decoration?

When I saw a video about this 'Strobie Bat' decor from the 90s I instantly heard that it sounds remarkably similar to the Spooky Scorched. Found one on ebay and made the video.

What do you think? Inspiration? or is there more lore to this "spooky" SFX?

Anyway Happy Spooky Season!