Can the Apple Pencil (2nd gen) be endowed with a pointer on screen for the iPad pro (3rd gen)?
The Apple Pencil cannot act as a pointer device.
Plug in your wired mouse, trackpad or Bluetooth device using a Lightning or USB-C port.
https://support.apple.com/kb/HT210546
There’s no APIs for detecting hovering so you won’t find the functionality in any third-party apps either.
UIKit reports touches from Apple Pencil
https://developer.apple.com/documentation/uikit/touches_presses_and_gestures/handling_input_from_apple_pencil