Ethereum Price Prediction Market Opens on Robinhood with Potential Payouts

Risk investors are weighing their options as Robinhood's crypto prediction market offers a chance to bet on Ethereum's price at a specific date. The contract, which is set to expire on August 26, 2026 at 7am EDT, allows users to purchase contracts with payouts based on the cryptocurrency's value. According to the source, the possible outcomes are divided into four categories: $1,704.99 or below, $1,705 to $1,709.99, $1,710 to $1,714.99, and $1,715 to $1,719.99.

The contract uses CF Benchmarks' Real Time Index (RTI) to determine the final price, which is calculated by averaging 60 RTI prices collected at the last minute before expiration. This method ensures that the outcome is based on a transparent and publicly available source. Those who correctly predict Ethereum's price will receive $1 for every contract they own.

It's essential to note that trading involves significant risk, and users should carefully consider their personal financial circumstances before participating in the contract. The terms and conditions of the contract are outlined in full, including restrictions on those employed by certain agencies or holding material non-public information on Ethereum.