Robinhood Offers Ethereum Price Prediction Contract
Ridgewood-based Robinhood Derivatives offers a prediction market contract on Ethereum's price, set to resolve on August 31, 2026 at 5am EDT.
The contract uses CF Benchmarks' Real Time Index (RTI) prices, averaging the last minute before expiration. The final value will be determined by this average of 60 RTI prices collected at that time.
The payout for a correct prediction is $1 per contract owned, and traders can close their positions before the event resolves to avoid additional fees.