Robinhood Derivatives Expire Prediction Market on September Bitcoin Price
A recent prediction market on Robinhood Derivatives has sparked interest among crypto enthusiasts. The market, which expired on September 1, 2026 at 1am EDT, asked users to predict the price of Bitcoin (BTC). According to the contract, the correct outcome would be if the BTC price fell within a specific range: $78,700 to $78,799.9928, or between $78,600 and $78,699.9924, or between $78,800 and $78,899.9919.
The contract used CF Benchmarks' Real Time Index (RTI) to determine the official price of BTC at expiration. This index collects 60 RTI prices in real-time before expiration, and then calculates an average value as the final determination.
Prediction markets like this one allow users to speculate on future events, and can provide insight into market sentiment and expectations. However, it's essential for participants to understand that futures, options, and cleared swaps trading involves significant risk and is not suitable for all investors.