Sorry, water is symbolic of The Holy Spirit
No, Spirit is symbolic of the Holy Spirit. It literally means breath (Pneumatos): God the Holy Spirit is a person who proceeds from God the Father like breath and who in turn inspires, as one does through breathing, the Prophets, Apostles and Evangelists who wrote the Bible and also insufflates us with His grace.
The water rather represents the washing away of sins by the Crucifixion of Christ our God, who when He expired on the cross, and the side of His sacred human body was callously pierced by a Roman soldier, blood and water poured out, which are symbolic of the sacred mysteries of Eucharist and Baptism, respectively.
These are the sacraments by which all prior sins including the sin inherited from Adam are washed away, and we die to our former self and are born again as we are received into the Church, and then receive the continued cleansing of our sins and communion with God the Father, His only-begotten Son and Incarnate Word Jesus whose Body the Church we are grafted onto as Partakers of the Divine Nature through the Lord’s Supper, the Holy Eucharist, the Great Thanksgiving where we consume the bloodless and rational sacrifice of bread and wine that become through the action of the Holy Spirit the precious Body and Blood of our Lord, God and Savior Jesus Christ.
What I just stated by the way is a brief summary of the soteriological passages in 1 Corinthians, the Gospel of John and the Synoptic Gospels and Acts of the Apostles, and 1 and 2 Peter, and other New Testament texts, which you can verify by reading them, since I reckoned you would respond less favorably to Patristic comments even where they are uncontroversial among Protestants.