Yes, you can create a Marketplace like etsy.com (functionality that Etsy Marketplace provides) by using WooCommerce Multi-Vendor Marketplace. Webkul offers all kinds of plugins like Seller Price Comparison, Advanced Commission, Buyer Seller Chat, PayPal Adaptive Payment, Stripe Connect, Table Rate Shipping, Per Product Shipping, Flat-Rate Shipping, and lot many, which offers the functionality which Etsy Marketplace provides to its sellers and customers. You can check the plugins for WordPress Multi-Vendor Marketplace here https://store.webkul.com/Wordpress-Plugins/WooCommerce.html.
Please do contact us for any further queries or requirements. You can also check our Woocommerce Extensions for additional features.