Robinhood Sets $1,100 Target for Ethereum Price on August 1, 2026
The Ethereum price prediction market on Robinhood has revealed potential targets for ETH's value on August 1, 2026. According to the contract terms, if the price of Ethereum reaches or exceeds $1,100 at 6am EDT that day, holders of a specific contract can expect a payout.
The contract will use CF Benchmarks' Real Time Index (RTI) to determine the official and final value of ETH's price. This involves collecting 60 RTI prices in the last minute before expiration and taking their average as the final value.
Payouts for correct predictions are usually made within one hour after event resolution, with additional fees applying for contract holders who choose to close their positions beforehand.