Robinhood Launches Ethereum Price Prediction Market with $1 Payouts

The cryptocurrency market has a new prediction market where users can bet on the price of Ethereum (ETH) on July 9, 2026, at 1pm EDT. According to Robinhood's Crypto Prediction Market, users can select a contract that determines the outcome of the contract's payout. If the user's prediction is correct, they will receive $1 for every contract owned.

The price used to determine this market is based on CF Benchmarks' corresponding Real-Time Index (RTI). The official and final value is the average of 60 RTI prices collected at the last minute before expiration. Users can close their position before the event resolves, but additional fees apply.

This prediction market involves significant risk, and users should carefully consider if it's appropriate for them in light of their personal financial circumstances. Trading prohibitions apply to persons employed by certain agencies or holding material non-public information on the underlying asset.