Robinhood Launches Ethereum Price Prediction Market with August 2026 Target
The price of Ethereum on August 18, 2026 at 8pm EDT is the subject of a prediction market offered by Robinhood Derivatives, LLC. The contract is based on CF Benchmarks' Real Time Index (RTI) and determines the outcome of the contract using the average of 60 RTI prices collected at the last minute before expiration.
The contract allows users to predict whether the price will be $1,910 or above, $1,915 or above, $1,920 or above, $1,925 or above, or $1,930 or above. Those who correctly predict the outcome can receive a payout of $1 for every contract they own.
The trading hours for this contract are 24 hours a day, except for Thursday from 3AM-5AM ET. Users must carefully consider their personal financial circumstances before participating in futures and options on futures and cleared swaps trading, which involves significant risk.