Robinhood Users Can Bet on Ethereum Price in 2026 Prediction Market

Robinhood's Crypto Prediction Market has made it possible for users to bet on the Ethereum price on August 1, 2026, at 6pm EDT. The market offers several price targets, with users able to predict that the price will be above $1,815, $1,820, or $1,835. If a user predicts correctly and owns a contract, they can receive $1 for every contract owned.

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 the official and final value is the average of these prices. Users have until August 1, 2026, to buy or sell contracts for the prediction.

The contract has several restrictions, including a prohibition on trading for persons who hold material, non-public information on Ethereum or those employed by CF Benchmarks. Additionally, users should be aware that futures and options on futures trading involves significant risk and may not be suitable for everyone.