Bitcoin Price Prediction Market Launches with Robinhood

Robinhood's crypto prediction market is offering a contract to predict the price of Bitcoin on September 9, 2026 at 7am EDT. The contract pays out $1 for every unit owned if the prediction is correct. To determine the outcome, Robinhood uses CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration and averages them to get the official price.

The contract has multiple payout tiers, with higher payouts for more specific predictions. For example, if the price is above $79,900, the payout is 2 cents per unit owned. If it's above $79,000 but not above $79,900, the payout is 1 cent per unit owned.

Trading restrictions apply to certain individuals and groups, including those employed by source agencies or holding material non-public information on Bitcoin.