Robinhood Bets on Bitcoin's Future with 2026 Price Prediction Market
Robinhood has launched a prediction market for the price of Bitcoin (BTC) on October 5, 2026, at 10 PM EDT. The market allows traders to bet on whether the price will be above certain thresholds, with the majority of participants predicting it will exceed $85,500.
The prediction market shows that 99% of traders expect the price to be $85,500 or above, with smaller percentages predicting higher targets like $87,000 or above at 3%. The price used to settle the contract will be based on CF Benchmarks' Real Time Index (RTI), determined by the average of 60 RTI prices collected just before expiration.
Trading is available 24 hours a day, except for a brief maintenance window on Thursdays from 3 AM to 5 AM ET. Participants can earn $1 for every contract they own if their prediction is correct or close their positions before the event resolves. Additional fees apply, and trading prohibitions are in place for those with material, non-public information.
Robinhood Derivatives, LLC offers these event contracts through various exchanges, including KalshiEX LLC and ForecastEX, LLC. The company emphasizes that trading involves significant risk and is not suitable for everyone, with live data provided for informational purposes only.