Robinhood Derivatives Launches Ethereum Price Prediction Market

The Ethereum price prediction market on Robinhood Derivatives is now open for trading. The contract in question asks what the price of Ethereum will be on August 8, 2026 at 5am EDT. According to the details provided by Robinhood, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and the official and final value is the average of these prices.

The contract offers a payout of $1 for every contract owned if the prediction is correct. Alternatively, users can close their position before the event resolves, but additional fees will apply. The trading hours for this contract are 24 hours a day, except on Thursdays between 3am-5am ET.

The restrictions and eligibility requirements for this contract include prohibition from trading for persons employed by certain source agencies or who hold material, non-public information on the underlying asset.