Robinhood Derivatives Launches Bitcoin Price Prediction Contract
The price of Bitcoin on August 14, 2026 at 4pm EDT will be determined by a contract offered by Robinhood Derivatives. The contract uses CF Benchmarks' Real Time Index (RTI) to calculate the final value. According to the terms, 60 RTI prices are collected at the last minute before expiration, and the official value is the average of these prices.
The contract offers a payout for those who correctly predict the price, with $1 for every contract owned if the prediction is correct. Traders can also close their position before the event resolves, but additional fees will apply.
Trading prohibitions are in place for certain individuals, including those employed by Source Agencies or holding material non-public information on Bitcoin.