Bitcoin Price Prediction Contract Launched by Robinhood Derivatives
Roninhood Derivatives, LLC has launched an event contract on KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC. This contract predicts what the price of Bitcoin will be on August 31, 2026 at 5am EDT. The contract resolves based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and the official value is the average of these prices.
The contract allows for investors to buy or sell Bitcoin with a payout of $1 for every contract owned if the prediction is correct. The trading hours for this contract are 24 hours a day, except Thursday from 3am-5am ET.
According to Robinhood Derivatives, LLC, persons employed by any of the Source Agencies or who hold material non-public information on the Underlying are not permitted to trade on the Contract. Trading involves significant risk and is not suitable for everyone.