Robinhood Contracts Set to Resolve Bitcoin Price on Aug 22, 2026

The price of Bitcoin on August 22, 2026 at 8pm EDT is the subject of an upcoming event on Robinhood. The contract will determine whether the price of BTC will be above or below certain thresholds.

According to the terms of the contract, if the price of BTC is above $77,000, the payout will be 99 cents per contract. If it's between $76,000 and $76,900, the payout will be 98 cents per contract. Any price above $77,100 or below $76,000 will result in a payout of 1 cent per contract.

The prices used to determine this market are based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and averaged to determine the final value. The event is scheduled to take place 24 hours a day, except Thursday from 3am-5am ET.

It's worth noting that this contract involves significant risk and may not be suitable for everyone. As with any futures or options trading, it's essential to carefully consider your personal financial circumstances before participating.