Robinhood's ETH Price Prediction Market Hits $1,840 Target

The cryptocurrency market has been abuzz with speculation about the future price of Ethereum (ETH). On August 2, 2026, Robinhood's Crypto Prediction Market issued a prediction contract that would determine the outcome of ETH's price on August 3, 2026 at 12am EDT. The contract stipulated that if the ETH price was $1,840 or above at the specified time, those who owned contracts would receive a payout. This market used CF Benchmarks' corresponding Real Time Index (RTI) to determine the final value.

The details of the contract included a specific timeline and event resolution process. The contract resolved on August 2, 2026, with the outcome determining the payout for those who owned contracts. The official and final value was calculated as the average of 60 RTI prices collected at the last minute before expiration.

As with all futures, options, and cleared swaps trading, this market involves significant risk and is not suitable for everyone. Trading prohibitions applied to persons employed by certain agencies or holding material non-public information on Ethereum.