Robinhood Hosts Prediction Market for Ethereum Price on Sept 1, 2026
A prediction market hosted by Robinhood is asking users to guess the price of Ethereum on September 1, 2026 at 5am EDT. The market will determine whether the price will be above certain thresholds, specifically $2,445 or above, $2,450 or above, and $2,475 or above.
The prediction market uses data from CF Benchmarks' Real Time Index (RTI) to calculate the final value. This is done by collecting 60 RTI prices at the last minute before expiration and averaging them out.
Users can win $1 for every contract they own if their prediction is correct, or close their position before the event resolves. However, additional fees apply, and users must carefully consider whether trading on this market is suitable for them in light of their personal financial circumstances.