Bitcoin Price Bets Now Available Through Robinhood Contract
Rather than predicting its price in advance, investors can now bet on the Bitcoin price at a specific point in time. Robinhood has introduced a new contract that resolves on August 24, 2026, at 6am EDT. The contract is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices before expiration and determines the final value as their average.
The payout for each contract owned will be $1 if the prediction is correct, or investors can close their position before the event resolves. Trading hours are available 24/7, except on Thursdays from 3am-5am ET, when trading is paused due to market volatility.
Robinhood emphasizes that futures and options on futures involve significant risk and may not be suitable for everyone. The company highlights its restrictions and eligibility requirements, including prohibitions for certain individuals employed by Source Agencies or holding material non-public information on the underlying asset.