Robinhood expands crypto prediction markets with ETH, BTC, Solana, and short-term contracts
Robinhood Derivatives, LLC listed new crypto prediction markets for ETH on July 16, BTC on July 14, SOL on July 11, and XRP on July 10. It also added 15-minute contracts for XRP, HYPE, SOL, and ETH between July 5 and July 8. All contracts clear through one of three partner exchanges: KalshiEX LLC, ForecastEX LLC, or Rothera Exchange and Clearing LLC. Target prices range from $1.1054 for XRP to $67.9697 for HYPE. The listings span multiple time windows and tokens.
Robinhood is building a standing menu of crypto price binaries rather than testing one-off novelties. The repeat listings for BTC, ETH, SOL, and XRP signal that earlier contracts generated enough volume to justify follow-ons, though no figures are public yet. For KalshiEX, ForecastEX, and Rothera, the partner exchanges remain interchangeable clearing pipes behind Robinhood's front-end, with no trader loyalty to any single venue.
This strips all three of pricing power and captive flow. Rothera gains most if Robinhood tilts volume toward its own exchange, accelerating vertical integration. Kalshi suffers most because it needs exclusive retail volume to support its Bitcoin perpetual futures launch. The next contract batch will show which tokens earn permanent slots and whether any partner exchange breaks out of silent infrastructure status.