Robinhood Derivatives' Aug 23rd BTC Price Contract Settles

Roger that, crypto enthusiasts can now look forward to August 23rd, 2026 when Robinhood Derivatives will be settling a specific contract tied to the price of BTC at 2am EDT. According to the details provided by Robinhood, the settlement amount for this contract is $1 per contract owned if your prediction is correct. This event uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value, averaging 60 collected prices from the last minute before expiration.

The restrictions for this event are quite specific: individuals employed by any of the Source Agencies or those holding material non-public information on the Underlying will not be permitted to trade. As with futures, options on futures, and cleared swaps trading, it is essential to consider one's personal financial situation before participating.