Robinhood Derivatives Offers Bitcoin Price Prediction Contract for August 16, 2026
The financial market is abuzz with excitement as Robinhood Derivatives offers its latest contract, predicting the price of Bitcoin on August 16, 2026, at 7am EDT. The payout for this event-driven contract will be determined by the average of 60 Real Time Index (RTI) prices collected from CF Benchmarks just before expiration. If your prediction is correct, you'll receive $1 per contract owned.
The contract's pricing tiers are as follows: $62,800 or above ($0.95), $62,900 or above ($0.61), and $63,000 or above ($0.07). Additionally, the contract resolves at 7am EDT on August 16, 2026.
It's essential to note that this event-driven contract is not suitable for everyone, particularly those employed by Source Agencies, holding material non-public information on Bitcoin, or engaging in futures, options, and cleared swaps trading. Live data may be delayed or incorrect, and event contracts are offered through various platforms, including KalshiEX LLC, ForecastEX, LLC, and Rothera Exchange and Clearing LLC.