Robinhood Users Can Now Bet on Ethereum's Price in August 2026

A new prediction market on Robinhood is allowing users to bet on the price of Ethereum (ETH) on August 5, 2026 at 2pm EDT. The contract resolves on that day and pays out based on the average price of ETH from CF Benchmarks' Real Time Index (RTI). If the price reaches or exceeds $1,900, owners of a specific contract will receive a payout.

The contract collects 60 RTI prices at the last minute before expiration and uses their average as the final value. Users can either close their position before the event resolves or hold until then for a potential profit. However, futures and options trading involve significant risk and may not be suitable for everyone.

Robinhood Derivatives, LLC is offering this contract through various platforms, including KalshiEX LLC, ForecastEX, LLC, and Rothera Exchange and Clearing LLC. The terms and conditions of the contract are available to read in full.