Robinhood Sets Up Ethereum Price Prediction Market for July 24, 2026
Riding on the back of rising crypto prices, Robinhood Derivatives has set up a prediction market for Ethereum (ETH) price movement on July 24, 2026. The contract in question is centered around whether the price of ETH will be at or above $1,882.18 within a 15-minute window starting from 5:15 AM EDT. This prediction market uses CF Benchmarks' Real Time Index (RTI) for its calculations.
The contract resolution hinges on the simple average of the sixty seconds of CF Benchmarks' ETHUSDRTI before 5:30 AM EDT on July 24, 2026 being at least as high as the simple average of the same RTI values before 5:15 AM EDT. If this condition is met, then the market resolves to 'Yes', otherwise it's 'No'. The resolution is expected within one hour after the event.
Traders who correctly predict the outcome can earn a payout of $1 for every contract they own, while those holding material non-public information on ETH are prohibited from trading. It's essential for traders to carefully consider their financial situation and eligibility before participating in such contracts.