Robinhood Contract Seeks Bitcoin Price Predictions on August 20, 2026
The crypto market has been abuzz with predictions about Bitcoin's future price. One such prediction is being put to the test on August 20, 2026 at 9pm EDT through a contract offered by Robinhood Derivatives, LLC.
The contract asks participants to predict whether the price of BTC will be above $73,700 or below it at the specified time. The odds are as follows: if the price is $73,700 or above, participants can win 57¢ per contract; if it's between $73,600 and $73,699, they'll get 67¢; and so on.
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the official price of BTC. To calculate this, 60 RTI prices are collected at the last minute before expiration, and the average is used as the final value.