Robinhood Derivatives Launches Bitcoin Price Prediction Contract for August 22, 2026
Roninhood Derivatives has announced a contract on the price of Bitcoin (BTC) on August 22, 2026 at 11am EDT. The contract will determine if the price of BTC is above certain thresholds, with payouts ranging from 99¢ to 4¢.
The contract resolution will use CF Benchmarks' Real Time Index (RTI), collecting 60 prices in the last minute before expiration and averaging them for the official value. This data will be used to settle the contracts.
Investors can participate by buying contracts, which cost a fee, or closing their positions before the event resolves. Trading prohibitions apply to employees of certain organizations and those with material non-public information on Bitcoin.