Ethereum Price Predictions Hit Robinhood Derivatives

Robinhood Derivatives has listed a contract on its platform that allows users to predict the price of Ethereum (ETH) at a specific point in time. The contract, which expires on August 8, 2026, at 10am EDT, requires users to guess whether the ETH price will be above or below certain thresholds. According to the contract terms, if the user's prediction is correct, they can receive $1 for every contract owned.

The price used to determine this market is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration and calculates an average value. This final value will be the official determination of the ETH price at the specified time. Users can choose to close their positions before the event resolves or wait until the contract expires.

It's worth noting that trading on this contract involves significant risk, and users are advised to carefully consider their personal financial circumstances before participating. The contract also comes with certain restrictions, such as prohibiting employees of certain agencies from trading on the contract.