Robinhood Derivatives Launches Ethereum Price Prediction Market for August 8, 2026
The prediction market for Ethereum's price on August 8, 2026 at 2pm EDT has been set up by Robinhood Derivatives. The contract will determine if the price of ETH is above certain thresholds: $1,420 or more, $1,915 or more, and $1,920 or more.
The official and final value for determining this market is based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected to calculate the average price. If the prediction is correct, contract holders will receive a payout of $1 for every contract owned.
Futures and options trading involves significant risk, according to the contract terms. Trading prohibitions apply to employees of Source Agencies and individuals with material non-public information on Ethereum.