Robinhood Derivatives Launches BTC Price Prediction Contract
The Robinhood Derivatives market is offering a new contract on the price of Bitcoin (BTC) on August 8, 2026 at 5am EDT.
The contract has three possible outcomes: $55,100 or above, $61,000 or above, and $64,300 or above. The official and final value will be determined by averaging 60 Real Time Index (RTI) prices collected at the last minute before expiration.
Participants can buy or sell contracts with a potential payout of $1 for every contract owned if their prediction is correct. However, those employed by certain agencies or holding material non-public information on Bitcoin are not permitted to trade on this contract.