Robinhood Prediction Market Sets Price Targets for Ethereum on August 12, 2026
The prediction market hosted by Robinhood has made available a contract that predicts the price of Ethereum on August 12, 2026 at 2pm EDT. The possible outcomes range from $1,880 to $1,884.992 for one contract and $1,104.99 or below for another. According to the source, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). This means that 60 RTI prices are collected at the last minute before expiration, with the official and final value being the average of these prices.
The contract terms and conditions note that trading prohibitions apply to persons who are employed by certain agencies or hold material non-public information on Ethereum. Additionally, futures and options on futures and cleared swaps trading involves significant risk and may not be suitable for everyone. The live data is provided for informational purposes only and may be delayed or incorrect.
Those interested in participating can get $1 for every contract they own if their prediction is correct, or close their position before the event resolves. However, additional fees apply to closing a position.