Robinhood's Ethereum Price Prediction Market Sets Target for August 2026

The price of Ethereum (ETH) on August 15, 2026 at 12pm EDT is the subject of a prediction market offered by Robinhood. The contract allows traders to bet on whether the ETH price will reach certain levels or not. According to the contract details, if the price exceeds $1,875, the trader's contract is worth 98 cents. However, if the price reaches only $1,880, the payout decreases to 79 cents.

The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. The official and final value is calculated as the average of 60 RTI prices collected at the last minute before expiration. Traders can close their positions before the event resolves, but additional fees apply.

Robinhood emphasizes that futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone. The company encourages traders to consider their personal financial circumstances before participating in the contract. Live data is provided for informational purposes only and may be delayed or incorrect.