Robinhood Derivatives Contract Offers Payout Tiers for August Bitcoin Price

The Robinhood Derivatives contract for Bitcoin price on August 12, 2026 at 2am EDT is now active. The contract offers various payout tiers based on the price of BTC at the specified time. For example, if the price reaches or exceeds $63,700, the payout will be 95 cents per contract.

There are several restrictions and eligibility requirements for trading this event contract. These include prohibitions for persons employed by certain source agencies and those holding material non-public information on the underlying asset. Additionally, futures, options on futures, and cleared swaps trading involve significant risk and may not be suitable for everyone.

The official and final value used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the average of these prices is taken as the official price. Trading prohibitions apply to those with material non-public information on the Underlying asset.