Ethereum Price Prediction Market Opens on Robinhood with $1,880-$1,884.9999¢ Range

The prediction market on Robinhood is offering users a chance to bet on the price of Ethereum (ETH) on August 16, 2026 at 2pm EDT. The price range for this prediction has been set between $1,880 and $1,884.9999¢, with additional ranges including $1,875 to $1,879.995¢, and $1,890 to $1,894.995¢. This is the first time a specific date has been chosen for a price prediction on Ethereum.

The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of the ETH price. The RTI collects 60 prices at the last minute before expiration, and the average of these prices is used as the final value.

Those who correctly predict the price will receive $1 for every contract they own, while those who close their position before the event resolves may incur additional fees. It's worth noting that trading prohibitions apply to certain individuals, including those employed by Source Agencies and those with material non-public information on the underlying asset.