Robinhood Sets $1,870 Price Target for Ethereum on August 4, 2026
A contract on Robinhood's Crypto Prediction Market has set a price target for Ethereum on August 4, 2026, at 9am EDT. The contract resolves based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration and averages them to determine the final value.
The contract is offering a payout of $1 for every contract owned if the prediction is correct, or users can close their positions before the event resolves. The trading prohibitions include restrictions on personnel employed by certain agencies and individuals with material non-public information on Ethereum.