Robinhood Launches Ethereum Price Prediction Market for August 2026

Retail trading platform Robinhood has created a new prediction market for Ethereum's price on August 12, 2026 at 10am EDT. This contract allows users to predict whether the price of ETH will be above specific thresholds.

The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official and final value is the average of these prices.

Users can choose from several possible outcomes: $1,895 or above, $1,900 or above, $1,905 or above, $1,910 or above, $1,915 or above. Each outcome has a corresponding probability, ranging from 75¢ for the highest threshold to 12¢ for the lowest.

Trading hours are 24 hours a day, except Thursday between 3am and 5am ET. The contract resolves quickly, with payouts usually made within one hour of event resolution.