Ethereum Price Prediction Market Opens on Robinhood

The Robinhood Crypto Prediction Market is offering a contract that predicts the price of Ethereum on August 19, 2026 at 3pm EDT. The current odds are in favor of a price above $2,060, with a probability of 97%. In fact, there's a 96% chance it will be above $2,065 and only a 3¢ chance it will reach or exceed $2,115.

The contract uses the CF Benchmarks' Real Time Index (RTI) to determine its outcome. Prices are collected in real-time and the official price is calculated as the average of these prices at the last minute before expiration.

For those who want to participate, they can buy contracts through Robinhood Derivatives, LLC, which offers futures, options on futures, and cleared swaps trading. However, this type of trading involves significant risk and may not be suitable for everyone.