Robinhood Sets Target Price of $2,570 for Ethereum on August 29, 2026
The Crypto Prediction Market on Robinhood has set a target price for Ethereum (ETH) on August 29, 2026, at 10pm EDT. According to the contract, the price of ETH must be above $2,570 to pay out. If it reaches this level, those who own contracts will receive a payout of $1 per contract.
The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of Ethereum's price at the moment before expiration. This is calculated by taking the average of 60 collected RTI prices.
Participants in this market are cautioned that futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone.