Ethereum Price Prediction Market Opens on Robinhood for September 6, 2026

Rights holders of the Ethereum (ETH) cryptocurrency can now place bets on its price at 11pm EDT on September 6, 2026. The betting platform, Robinhood Derivatives LLC, offers a prediction market that allows users to wager on whether ETH will reach certain price targets. According to the contract terms, $2,485 or above has an estimated 98¢ chance of being the correct outcome. Users can also bet on other price thresholds, including $2,425 or above and $2,535 or above.

The platform uses CF Benchmarks' corresponding Real Time Index (RTI) to determine the final value of ETH's price at the specified time. The RTI collects 60 prices in real-time before expiration and calculates an average to declare the winner. Users can close their positions before the event resolves or wait for the outcome, with payouts usually within one hour.

The contract comes with certain restrictions, including a ban on trading by persons employed by source agencies or those holding material non-public information on Ethereum. The event also carries significant risk and is not suitable for everyone.