Robinhood Derivatives Issues BTC Price Prediction Contract
Roninhood's Derivatives LLC has issued a contract for predicting the price of BTC on August 10, 2026 at 6pm EDT. The market is based on CF Benchmarks' Real Time Index (RTI) and will determine the outcome by averaging 60 RTI prices collected at the last minute before expiration.
The payout is $1 per contract for every dollar above the predetermined thresholds: $55,100, $63,400, $63,500, $63,600, or $63,700. The trading hours are 24/7 except on Thursdays from 3am-5am ET.
The event resolution is usually within one hour of the final value being determined and additional fees apply for closing positions before the event resolves. Trading prohibitions include persons employed by Source Agencies or holding material non-public information about Bitcoin.