No, ATPs are utilized in the electron transport chain. Instead, the electron transport chain produces ATPs. The electron transport cycle yields about 30 - 32 ATP molecules. 

The electron transport chain (ETC) is a cluster of proteins that lie embedded in the inner membrane of the mitochondria. During the oxidative phosphorylation stage of cellular respiration, the ETC transfers electrons through the mitochondrial membrane to form a proton gradient that facilitates the production of ATP molecules.