Robinhood Predicts ETH Price Threshold for August 2026
The Robinhood Crypto Prediction Market has set its sights on the Ethereum price for August 9, 2026, at 12am EDT. The market is predicting that ETH will be above a certain threshold, with specific price targets ranging from $1,800 to $1,920.
According to the contract terms, if the prediction is correct, participants who own contracts can receive a payout of up to $1 per contract. However, it's essential to note that this market involves significant risk and may not be suitable for everyone.
The Ethereum price used to determine this market is based on CF Benchmarks' Real Time Index (RTI), with 60 RTI prices collected at the last minute before expiration. The official and final value is the average of these prices.
It's worth mentioning that trading prohibitions apply, including restrictions for persons employed by certain agencies or those holding material non-public information on Ethereum.