Robinhood Derivatives Contract Sets Stage for Bitcoin Price Outcome

The Robinhood Derivatives, LLC contract is set to expire on August 10, 2026, at 8pm EDT. The contract determines the outcome of the Bitcoin price on this date and time, based on CF Benchmarks' corresponding Real Time Index (RTI).

According to the contract terms, if the price of Bitcoin reaches or surpasses $63,800, those who own contracts will receive 99¢ per contract. If it reaches or surpasses $63,900, they will get 65¢ per contract. The payout for reaching or surpassing $64,700 is 2¢ per contract.

The official and final value used to determine the outcome of the contract is the average of 60 RTI prices collected at the last minute before expiration. It's worth noting that trading prohibitions apply, including restrictions for persons employed by any of the Source Agencies or those holding material, non-public information on Bitcoin.

The event contracts are offered through KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.