Ethereum Price Prediction Market Launched by Robinhood Derivatives
The cryptocurrency market is abuzz with excitement as Robinhood Derivatives, LLC has launched a prediction market for Ethereum's price on August 11, 2026 at 3pm EDT. According to the contract, if the price of ETH is $1,850 or above, holders will receive $1 for every contract they own.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and calculates the official and final value as their average. This ensures a fair and accurate reflection of Ethereum's price at that time.
It's worth noting that persons employed by certain agencies or holding material, non-public information on Ethereum are not permitted to trade on this contract. Additionally, futures and options trading involves significant risk and may not be suitable for everyone.