Robinhood Derivatives Offers Bitcoin Price Prediction Contract
Robinhood Derivatives is offering a prediction market contract on its platform, allowing users to bet on the price of Bitcoin (BTC) on August 12, 2026 at 5pm EDT. The contract will resolve based on the average price of BTC at that time, as determined by CF Benchmarks' Real Time Index (RTI).
The contract offers payouts for predictions above certain thresholds: $63,500 or above (54¢), $63,750 or above (46¢), and $54,000 or above (0¢). Users can trade on the contract 24 hours a day, except Thursday between 3am-5am ET.
The contract is offered by Robinhood Derivatives through various exchanges and has certain restrictions and eligibility requirements. Trading prohibitions apply to persons employed by Source Agencies or holding material non-public information on Bitcoin.