Bitcoin Price Set to Be Determined on July 24, 2026
The upcoming event on July 24, 2026, at 7pm EDT will determine the price of Bitcoin. This is according to a contract offered by Robinhood Derivatives, LLC, which uses the CF Benchmarks' corresponding Real Time Index (RTI) to calculate the final value. The RTI collects 60 prices at the last minute before expiration and calculates the average.
The contract has multiple price ranges, with $64,000 or above paying out 79¢ per contract, $64,100 or above paying out 46¢ per contract, and $64,200 or above paying out 13¢ per contract. The payout is usually within one hour of the event resolution.
It's essential to note that trading prohibitions apply, including restrictions for persons employed by certain agencies and those with material non-public information on Bitcoin.