Robinhood Lets Users Bet on Ethereum Price in 2026
Ethereum's price on October 5, 2026, at 11 AM EDT is the subject of a prediction market hosted by Robinhood. Participants can bet on whether the cryptocurrency will reach or exceed specific price thresholds, with options ranging from $2,720 to $2,740. The likelihood of Ethereum hitting $2,720 or above stands at 77%, while the chance of it surpassing $2,740 is much lower at 18%.
The market operates continuously, except for a brief maintenance window from 3 AM to 5 AM ET every Thursday. Payouts are typically issued within an hour of the event's resolution. The final price is determined by averaging 60 real-time index prices collected just before the contract expires.
Robinhood Derivatives, LLC facilitates these event contracts through platforms like KalshiEX LLC and ForecastEX, LLC. The company emphasizes that trading involves significant risk and is not suitable for everyone. Additional fees and restrictions apply, particularly for individuals with material, non-public information.