Robinhood Unveils Ethereum Price Contract Ahead of September 2026
Randolph-based trading platform Robinhood Derivatives has announced an upcoming contract tied to the Ethereum price on September 5, 2026. The 'what will the price of ETH be' market offers traders a chance to bet on the cryptocurrency's value at 9am EDT that day.
The outcome is determined by the average price of Ethereum based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the minute leading up to expiration. Traders can earn $1 for every contract they own if their prediction is correct, or close positions before the event resolves.
The minimum price thresholds range from $2,410 to $2,510, with corresponding payout probabilities of 98% and 73%. Traders should be aware that the contract is not suitable for everyone, as futures, options on futures, and cleared swaps involve significant risk.