Robinhood Sets Target Ethereum Price for August 17, 2026 Prediction Market

The Ethereum price prediction market on Robinhood has set a target for August 17, 2026. According to the contract, if the Ethereum price is above $1,895 at 4am EDT that day, holders of the correct contracts will receive $1 per contract. The price used to determine this outcome is based on CF Benchmarks' Real Time Index (RTI), which collects and averages 60 RTI prices at the last minute before expiration.

The prediction market also notes several restrictions and eligibility requirements, including prohibiting employees of certain agencies from trading on the contract. This event is considered high-risk and not suitable for everyone.