Robinhood Sets Target for Ethereum Price on August 14, 2026
The Ethereum price prediction market on Robinhood has set a target for August 14, 2026 at 3pm EDT. According to the platform's Crypto Prediction Market, users can predict the ETH price within a specific range. The predicted ranges are $1,875 to $1,879.9940¢, $1,870 to $1,874.9937¢, and $1,865 to $1,869.9913¢.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the final price. The RTI collects 60 prices at the last minute before expiration and calculates the average value. This method is claimed to provide a more accurate representation of the market.
Users can place bets on the predicted range, with each contract worth $1. If their prediction is correct, they will receive $1 for every contract owned. Alternatively, users can close their positions before the event resolves, but additional fees may apply.