Robinhood Prediction Market Sets Ethereum Price Range for October 2026
The prediction market on Robinhood has set a price range for Ethereum on October 4, 2026, at 2pm EDT. According to the market, the ETH price will likely be between $2,700 and $2,704.9999¢. This range is based on CF Benchmarks' corresponding Real Time Index (RTI) and is used to determine the outcome of the contract. The final value is the average of 60 RTI prices collected at the last minute before expiration.
The prediction market allows users to buy contracts that will pay out $1 for every contract owned if the prediction is correct. Users can also close their positions before the event resolves. However, persons who hold material, non-public information on the underlying asset are not permitted to trade on the contract.
It's worth noting that the prices used in the prediction market may not reflect the actual market price, and users should carefully consider the risks involved. The event contracts are offered by Robinhood Derivatives, LLC through various exchanges.