Robinhood Launches Ethereum Price Prediction Market for 2026
Robinhood has introduced a new prediction market contract focused on the price of Ethereum (ETH) on October 6, 2026, at 12:00 AM EDT. The contract allows users to predict whether the price of ETH will be above certain thresholds, with the most popular prediction being that ETH will be above $2,690, carrying a 99-cent payout. Other available predictions include ETH being above $2,685 (95-cent payout) and above $2,700 (2-cent payout).
The contract's outcome will be determined based on CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices in the last minute before expiration and averages them to get the final value. Participants can earn $1 for every correct contract they own, or they can close their positions before the event resolves. Additional fees may apply, and users are advised to read the full contract terms and conditions.
Robinhood also outlines trading prohibitions, noting that persons employed by any of the source agencies or those holding material, non-public information on the underlying asset are not permitted to trade on the contract. The platform emphasizes that futures, options on futures, and cleared swaps trading involve significant risk and may not be suitable for everyone.