Robinhood Derivatives Offers Bitcoin Price Prediction Contract for August 2026
The cryptocurrency market is abuzz with excitement as Robinhood Derivatives offers its latest contract on the price of Bitcoin on August 23, 2026 at 12am EDT. The contract allows investors to predict whether the price will fall within a specific range. According to the contract terms, there are six possible outcomes: $77,000 to 77,099.9928¢, $77,100 to 77,199.9924¢, $76,900 to 76,999.9921¢, $77,200 to 77,299.9916¢, and $69,199.99 or below.
Investors can choose to close their positions before the event resolves or hold onto them until the outcome is determined. The payout will be made within one hour of the contract's resolution. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and averages them for the official final value.
Trading in futures, options on futures, and cleared swaps carries significant risk and may not be suitable for everyone. It's essential to consider one's personal financial circumstances before participating in such contracts.