Crypto
Robinhood Contract to Settle Bitcoin Price on August 18, 2026
The cryptocurrency market is set to witness an event that will determine the outcome of a contract on August 18, 2026. The contract, offered by Robinhood Derivatives, LLC, concerns the price of Bitcoin (BTC) at 9am EDT on that day. According to the source, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI).
The final value will be the average of 60 RTI prices collected at the last minute before expiration.
If a trader's prediction matches the outcome, they can earn $1 for every contract owned. However, closing positions before the event resolves incurs additional fees.