Robinhood Derivatives Offers Bitcoin Price Bets for a Specific Moment in Time
Risk-takers can now bet on what Bitcoin's price will be at a specific moment in the future. Robinhood Derivatives is offering contracts that resolve whether the price of BTC will reach certain thresholds on August 29, 2026, at 1pm EDT. These bets are based on CF Benchmarks' Real Time Index (RTI), which averages prices over the last minute before expiration.
For each contract, there's a specific payout if the prediction is correct: $77,800 or above pays out 81¢ per contract, while $78,000 or above pays out 31¢. Those who hold material, non-public information on Bitcoin are not permitted to trade on these contracts.
The trading hours for these contracts are 24/7, except for Thursday mornings between 3am and 5am ET. The contract resolution will take place within one hour of the event's conclusion.