Robinhood Offers Ethereum Price Prediction Market Ahead of 2026 Event

Rohanhood's crypto prediction market is offering a contract to predict the price of Ethereum (ETH) on August 16, 2026 at 2am EDT. The contract resolves based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in real-time and averages them for the final value.

At stake is whether the ETH price will be above $1,875 or above $1,880. Those who own contracts with these predictions will receive $1 for every contract they own if their prediction is correct.

The contract has a payout structure that rewards traders for accurate predictions: 97% of the stake for predicting $1,875 or above, and 2% for predicting $1,880 or above. The contract also warns of significant risks associated with trading futures, options on futures, and cleared swaps.