Bitcoin reserves on Coinbase have been rapidly declining since February 2024.

Bitcoin-reserves-on-Coinbase-have-been-rapidly-declining-since-February-2024

Bitcoin reserves on Coinbase have been rapidly declining since February 2024.

The main suspect behind the rapidly declining reserves is Spot ETFs.

While there were 1,044,997 Bitcoins on February 18, 2024, the reserves on the Coinbase exchange dropped to 878K following the increased demand due to Spot ETFs. Considering the possible interest rate cut in September 2024, what changes do you think will occur in Coinbase's reserves?