Robinhood's Crypto Prediction Market Sets Sights on Ethereum Price in August 2026
The crypto prediction market on Robinhood is offering traders a chance to predict the price of Ethereum on August 3, 2026 at 12pm EDT. According to the contract terms, there are multiple price ranges that can be predicted, including $1,860 to 1,864.9999¢, $1,855 to 1,859.9916¢, and $1,875 to 1,879.998¢. The outcome will be verified from CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration.
Traders who correctly predict the price will receive $1 for every contract they own. However, it's worth noting that futures, options on futures, and cleared swaps trading involves significant risk and is not suitable for everyone. The event contracts are offered by Robinhood Derivatives, LLC through various exchange platforms.
The prices used to determine this market are based on CF Benchmarks' corresponding Real Time Index (RTI), which provides a more accurate representation of the market price compared to other sources. This is an opportunity for traders to test their predictions and potentially earn rewards.