Robinhood Derivatives Announces Bitcoin Price Prediction Contract
Robinhood Derivatives, LLC has announced a contract that will resolve on August 22, 2026 at 7am EDT. The contract is based on the price of Bitcoin (BTC) and will determine if its value will be above certain thresholds.
The contract allows traders to predict whether the BTC price will reach $77,000 or above, with payouts ranging from 78¢ for a price between $77,100 and $77,200 to 13¢ for a price at or above $77,300.
Traders can choose to close their position before the event resolves, but additional fees apply. The contract's terms and conditions are available on the Robinhood website.
The official and final value will be the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration, based on CF Benchmarks' corresponding RTI.