Robinhood Sets Price Ranges for Ethereum's August 2026 Value
The crypto prediction market on Robinhood has set a price range for Ethereum (ETH) on August 22, 2026 at 8am EDT. According to the contract, the outcome will determine whether the price of ETH falls within two specific ranges: $2,405 to $2,409.9919 or $2,410 to $2,414.9917. Alternatively, it could drop below a certain threshold of $1,654.99.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of ETH at the time of expiration. This index collects 60 RTI prices in real-time, with the average being used as the final value.
Those participating in the contract can earn $1 for every contract they own if their prediction is correct, or they can close their position before the event resolves. However, trading prohibitions apply to certain individuals and those with material non-public information on ETH are not permitted to participate.