Robinhood Derivatives Market Seeks BTC Price Predictions for August 18, 2026
The Robinhood Derivatives market is offering a unique opportunity for traders to predict the price of Bitcoin on August 18, 2026 at 4pm EDT. The contract will determine whether the BTC price reaches specific thresholds based on CF Benchmarks' Real Time Index (RTI). If the price surpasses $64,600 or above, those who own contracts will receive 93 cents per unit. However, if it tops $64,700 or above, traders will be paid 33 cents per contract. The payout for reaching $64,800 or above is a mere 2 cents.
The trading hours are 24/7, except for Thursday between 3 AM and 5 AM ET, to accommodate the global market. Event day is August 18, 2026, when the contract resolves, determining the outcome. Payouts usually occur within an hour of event resolution.
It's essential to note that certain individuals are prohibited from trading on this contract due to employment or material non-public information regarding Bitcoin. Those who trade futures, options on futures, and cleared swaps should carefully consider their personal financial circumstances before engaging with these contracts.