Bitcoin Price Prediction Market Launches August 3 Contract
Rick from Robinhood Derivatives, LLC has put together an interesting contract for crypto enthusiasts. The question is what will be the price of Bitcoin on August 3, 2026 at 5 pm EDT? This event is based on CF Benchmarks' Real Time Index (RTI), and the official value will be the average of 60 RTI prices collected at the last minute before expiration.
Here are some possible outcomes: $62,500 or above pays out 56 cents per contract, $62,750 or above pays out 44 cents per contract, and $63,000 or above pays out 32 cents per contract. The payouts for lower prices are also listed. Keep in mind that the event contracts have restrictions and eligibility requirements.
Futures, options on futures, and cleared swaps trading involve significant risk and is not suitable for everyone. It's essential to consider personal financial circumstances before participating in these types of events.