Bitcoin Price Prediction Contract Introduced by Robinhood Derivatives
The Robinhood Derivatives platform has introduced a contract that will determine the price of Bitcoin on July 25, 2026 at 6pm EDT. The contract resolution will be based on the average price of Bitcoin as calculated by CF Benchmarks' Real Time Index (RTI) in the last minute before expiration.
The contract will have different payout levels depending on the final price of Bitcoin: $55,600 or above, $63,700 or above, and $63,800 or above. If a trader's prediction is correct, they will receive $1 for every contract owned. However, additional fees may apply.
It is worth noting that there are restrictions on who can participate in the contract: persons employed by certain agencies and those holding material non-public information about Bitcoin are not permitted to trade. The contract also involves significant risk and may not be suitable for everyone.