ETH2 vs. cbETH

Hi team,

In the wake of the FTX debacle I felt quite a bit of fear and skepticism around centralized exchanges. Based on that, I no longer wanted to keep my Staked ETH (ETH2) on Coinbase. In order to move it off the exchange I wrapped my staked ETH2 into the new coin created by Coinbase called Wrapped Staked ETH (cbETH) and moved it to my LedgerNanoX. My fear now is that if Coinbase halts trading or goes down for whatever reason then cbETH will go to $0. Does this make sense and should I move my cbETH back to ETH2 and continue staking because at this point if Coinbase goes down the cbETH won't be worth anything anyway?

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Many thanks,

HexusD