Bitcoin Price Contract Launches on Robinhood
On July 27, 2026, at 4am EDT, Robinhood is offering a unique financial contract tied to the price of Bitcoin. The contract resolves on that date and time, determining its outcome based on the closing price of Bitcoin. This price is derived from CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration.
The final value is the average of these collected prices. If the prediction is correct, owners of the contract receive $1 for each contract they hold. Alternatively, traders can close their positions before the event resolves, with additional fees applying.
However, there are restrictions on who can participate in this contract. Individuals employed by certain agencies or holding material non-public information about Bitcoin are not permitted to trade on it.