Robinhood Derivatives Offers Bitcoin Price Prediction Contract
Rights holders in a contract offered by Robinhood Derivatives can win $1 for each of their contracts if they correctly predict that Bitcoin's price on August 19, 2026 at 2pm EDT will be above $68,100. The outcome is determined by the average of sixty real-time index prices collected just before expiration.
The contract resolution payout usually occurs within one hour after the event day. Those who own contracts can choose to close their positions before the event resolves, but they'll incur additional fees. Trading prohibitions apply for certain individuals, including those employed by specified agencies and those holding material non-public information about Bitcoin.