Robinhood Prediction Market Sets Odds for Ethereum Price on August 29, 2026
A prediction market on Robinhood is offering odds on the price of Ethereum (ETH) on August 29, 2026 at 5am EDT. The market is betting that ETH will close above a series of specific prices: $2,430 or above, $2,515 or above, and $2,525 or above.
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the final price. At expiration, 60 RTI prices are collected, and the average is used as the official value. The payout for correct predictions varies: $0.98 for a close above $2,430 or $2,515, and $0.08 for a close above $2,525.
The contract expires on August 29, 2026 at 5am EDT, and participants can either claim their payouts or close their positions before the event resolves. However, there are restrictions: employees of certain source agencies and individuals with material non-public information on Ethereum are not allowed to trade.