Coinbase Launches Prediction Market for Ethereum Price on August 25, 2026

Coinbase has introduced a prediction market for traders to wager on the Ethereum (ETH) price on August 25, 2026, at 11pm EDT. The market is available to users who have completed onboarding to Coinbase Financial Markets (CFM), and allows them to bet on whether the ETH price will be above or below a certain threshold.

The prediction market has attracted significant interest, with over $109K in total trading volume and $32,284.72 in interest. The odds of the event occurring are reflected in the current price of the contract, which stands at $0.65, indicating a 65% chance that the ETH price will reach or exceed the threshold.

Traders can buy 'Yes' contracts if they believe the ETH price will be above the threshold, or 'No' contracts if they think it will be below. If the event occurs, traders who held 'Yes' contracts will receive $1 per contract, minus any fees. On the other hand, if the event does not occur, traders who held 'No' contracts will receive $1 per contract.