Ethereum Price Targets Set by Robinhood Prediction Market

A prediction market on Robinhood has set a target for Ethereum's price on August 16, 2026 at 5pm EDT. The contract offers two possible ranges for the cryptocurrency's value: between $1,850 and $1,889.9970¢ or between $1,890 and $1,929.9931¢. If the actual price falls within either of these ranges when the market closes, those who hold a position will receive their payout.

The contract resolution is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the minute leading up to expiration and averages them for the final value. This is different from other cryptocurrency price data sources, such as Google or Coinbase. Robinhood emphasizes that not all price data is created equal.

Those who own contracts will receive $1 per contract if their prediction is correct. Those who close their position before the event resolves will avoid additional fees associated with holding a contract until expiration.