Robinhood Derivatives Launches Bitcoin Price Prediction Contract
Roger Waters' cryptocurrency trading contract is now live on Robinhood Derivatives. The contract, which expires at 7am EDT on August 29, 2026, asks traders to predict the price of Bitcoin (BTC) at that time. If a trader correctly predicts that the price will be $77,400 or above, they get paid out 90 cents per contract owned.
The final value used in the contract is the average of the last minute's worth of 60 Real-Time Index (RTI) prices provided by CF Benchmarks. This ensures a fair and accurate representation of Bitcoin's price at the time of expiration.
Traders can also choose to close their positions before the event resolves, but will incur additional fees. It is essential for traders to carefully review the contract terms and conditions before participating.