Ethereum Price Prediction Market Opens on Robinhood
Robinhood's Crypto Prediction Market is offering a contract that allows users to predict the price of Ethereum on September 13, 2026 at 7pm EDT. The market uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome of the contract. According to the market data, if the price of Ethereum reaches or exceeds $2,475 at the specified time, the user will receive a payout.
The contract resolves in one hour after the event resolution, and the official and final value is the average of 60 RTI prices collected at the last minute before expiration. This means that users have to be accurate in their prediction within a narrow timeframe. The market prohibits certain individuals from trading on the contract, including those employed by specific agencies or holding material non-public information.
Users can either close their position before the event resolves or wait for the outcome and receive a payout if their prediction is correct. However, additional fees apply to closing positions prematurely. It's essential for users to carefully consider their personal financial circumstances before participating in this market.