Robinhood Launches Ethereum Price Prediction Contract for September 2026
The cryptocurrency market has a new prediction contract available on Robinhood's derivatives platform. The contract is for Ethereum's price on September 14, 2026 at 4pm EDT. According to the contract details, there are several possible price ranges, including $2,540 to $2,544.9969, $2,550 to $2,554.9922, and $2,520 to $2,524.991.
The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. At the last minute before expiration, 60 RTI prices are collected, and the official and final value is the average of these prices.
Traders can buy or sell contracts based on their predictions, with a payout of $1 for every contract owned if the prediction is correct. However, there are restrictions and eligibility requirements in place, including prohibitions on trading for individuals employed by certain agencies or holding material non-public information on Ethereum.