Crypto

Robinhood Derivatives Contracts to Pay Out $1 for Each Contract Owner if BTC Price Hits $54,700 on July 31, 2026

Guavy AI Editorial Team Published July 31, 2026

Instruments

BTC

The financial world is abuzz with the upcoming event on July 31, 2026 at 2pm EDT. Robinhood Derivatives, LLC has put forth a contract that will determine the outcome of Bitcoin's price at this exact time. The contract stipulates that if the price of Bitcoin reaches or exceeds $54,700, each contract owner will receive $1.

Additionally, there are higher price targets: $59,200 and $61,700. If the price surpasses either of these levels, owners will also receive a payout. The final value is determined by taking the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration.

The contract terms are clear: trading prohibitions apply to those employed by certain agencies and individuals with material non-public information on Bitcoin. This event highlights the complexities of futures, options, and cleared swaps trading, which involves significant risk and may not be suitable for everyone.

Robinhood Derivatives Contracts to Pay Out $1 for Each Contract Owner if BTC Price Hits $54,700 on July 31, 2026

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