Robinhood Offers Contracts to Predict Ethereum Price on August 23rd

The cryptocurrency market has become increasingly unpredictable in recent years, and Ethereum is no exception. A prediction market on Robinhood has been making waves by offering contracts that predict the price of Ethereum on a specific date: August 23rd, 2026 at 8pm EDT.

The contract specifies a range of possible prices for Ethereum: between $2,440 to $2,444.9912¢, $2,455 to $2,459.9912¢, and $2,465 to $2,469.999¢. The person who correctly predicts the price will receive $1 for every contract they own.

The prediction market is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration. The official and final value is the average of these prices.