Robinhood Bets on Ethereum Price in 2026 Prediction Market
Robinhood's crypto prediction market is offering a new event contract focused on the price of Ethereum (ETH) on October 6, 2026, at 5 PM EDT. The contract allows traders to bet on whether the price of ETH will reach specific thresholds at that future date. The current odds reflect varying confidence levels among traders. For instance, there is a 97% chance that ETH will be $2,620 or above, a 90% chance it will reach $2,660 or above, and a 65% chance it will hit $2,700 or above. The least likely outcome, with only a 10% chance, is that ETH will surpass $2,780.
The price used to determine the contract's outcome is based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official value is the average of these prices. Traders can earn $1 for every correct prediction or choose to close their positions before the event resolves. However, additional fees apply, and traders should review the full contract terms and conditions.
Robinhood also highlights trading prohibitions, noting that persons employed by any of the Source Agencies or those holding material, non-public information on the underlying asset are not permitted to trade on the contract. The platform emphasizes that futures, options on futures, and cleared swaps trading involve significant risk and are not suitable for everyone.