Robinhood Derivatives Offers Bitcoin Price Prediction Contract
Robinhood Derivatives has created an event contract tied to the price of Bitcoin (BTC) on August 10, 2026 at 3am EDT. The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome.
The contract resolves based on the average of 60 RTI prices collected at the last minute before expiration. If the price of BTC is above $65,100, a payout of 96¢ will be given for each contract owned. If it's between $65,200 and $65,300, the payout will be 43¢ per contract.
Trading hours are 24/7 except for Thursdays from 3am-5am ET. Event day is August 10, 2026, and the contract resolves on that date at 3am EDT.