Robinhood Launches Ethereum Price Prediction Contract
Robinhood Derivatives has launched a new contract on its platform, allowing users to predict the price of Ethereum on August 1, 2026 at 3am EDT. The contract will resolve based on the CF Benchmarks' Real Time Index (RTI) prices, which are collected at the last minute before expiration.
The predictions are as follows: $1,860 or above has a probability of 98%, $1,865 or above has a 71% chance, and $1,870 or above has only a 9% likelihood. The payout for correct predictions will be $1 per contract owned, with additional fees applying.
It's worth noting that the contract is open to trading 24 hours a day, except on Thursdays from 3am-5am ET. Users are also advised to carefully consider their personal financial circumstances before participating in futures and options trading.