Robinhood Sets Target Price for Ethereum in 2026 Prediction Market
The Robinhood crypto prediction market has set a target price for Ethereum on July 28, 2026 at 4am EDT. According to the contract, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and averaged to get the official and final value.
The contract resolves on July 28, 2026, and those who own a contract will receive $1 for every contract they own if their prediction is correct. Alternatively, traders can close their positions before the event resolves, although additional fees apply.
The contract also outlines restrictions and eligibility requirements, including prohibiting persons employed by certain agencies from trading on the contract.