Robinhood Derivatives Contracts for August 16 BTC Price Prediction

Roger Robinhood's Derivatives platform is offering a unique opportunity for traders to predict the price of Bitcoin on August 16, 2026 at 9am EDT. The contract resolves based on CF Benchmarks' Real Time Index (RTI), collecting 60 prices in the last minute before expiration and averaging them out. If your prediction is correct, you get $1 for every contract owned.

The price levels triggering payouts are: $62,900 or above ($0.87 per contract), $63,000 or above ($0.14 per contract), and $63,100 or above ($0.02 per contract). Trading hours are 24/7 except on Thursday from 3am-5am ET.

It's essential to note that this contract is subject to specific restrictions: those employed by Source Agencies and those with material non-public information on Bitcoin cannot participate in the contract.