Robinhood Offers Contract for Predicting Ethereum Price Range

The cryptocurrency market is abuzz with activity as Robinhood Derivatives offers a unique contract for Ethereum (ETH) prices on August 29, 2026 at 11pm EDT. The contract allows users to predict whether ETH will trade within a specific price range of $2,340 to $2,344.999¢ or between $2,455 and $2,459.9991¢.

The contract uses CF Benchmarks' Real-Time Index (RTI) for its pricing data. This index collects 60 prices at the last minute before expiration, with the official value being the average of these prices.

Traders who correctly predict the price range will receive $1 per contract owned. The contract also allows users to close their positions before the event resolves. However, it's essential to note that trading on this contract involves significant risk and may not be suitable for everyone.