Robinhood Prediction Market Sets Target for Ethereum's Price on August 28, 2026

A prediction market on Robinhood has set a target for Ethereum's price on August 28, 2026 at 11am EDT. According to the contract, the price used will be based on CF Benchmarks' Real Time Index (RTI). The final value will be the average of 60 RTI prices collected at the last minute before expiration.

The contract allows traders to predict whether Ethereum's price will reach or exceed certain targets, with payouts ranging from 8 cents for a $2,545 target to 93 cents for a $2,460 target. Traders can close their positions before the event resolves, but additional fees apply.