Bitcoin Price to Be Determined by Robinhood Contract on August 6, 2026

The price of Bitcoin on August 6, 2026 at 1am EDT will be determined by a contract offered by Robinhood Derivatives, LLC. The contract uses CF Benchmarks' Real Time Index (RTI) to calculate the final value. At the last minute before expiration, 60 RTI prices are collected, and the official and final price is the average of these prices.

The contract allows users to predict whether the price will be above or below certain thresholds: $64,600 or above, $64,200 or above, and $64,700 or above. If a user's prediction is correct, they will receive $1 for every contract owned. However, if their prediction is incorrect, they will lose their investment.

It is essential to note that trading on this contract involves significant risk and may not be suitable for everyone. Users are advised to carefully consider their personal financial circumstances before participating in the contract.