Robinhood Derivatives Launches Bitcoin Price Prediction Contract for August 2026
The Robinhood Derivatives market is offering a contract that determines the price of Bitcoin on August 18, 2026 at 2am EDT.
There are specific price thresholds tied to the outcome of the contract. If the price of Bitcoin is above $64,100 at the time of determination, those who hold contracts will receive a payout of 82¢ for every contract owned.
If the price reaches $64,200 or higher, holders can expect a payout of 23¢ per contract, and if it surpasses $64,300, they'll receive 3¢ per contract. A single cent is awarded for each contract held if the price exceeds $64,400.
The pricing used to determine this market is based on CF Benchmarks' Real Time Index (RTI). The final value is calculated as the average of 60 RTI prices collected at the last minute before expiration.