Robinhood Sets Price Target for Ethereum in August 2026 Prediction Market

The Robinhood platform is offering a prediction market on the price of Ethereum (ETH) at a specific time and date. On August 30, 2026, at 3am EDT, the platform will determine whether ETH's price will be above $2,450 or other predetermined levels. The outcome will be based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in real-time before expiration.

The contract will pay out $1 for every contract owned if the prediction is correct, and additional fees apply. However, there are trading prohibitions, including restrictions on employees of certain agencies and individuals with material, non-public information about the underlying asset.