Robinhood Derivatives Offers Bitcoin Price Prediction Market
Risk-takers can now bet on the price of Bitcoin (BTC) on a specific date, October 1, 2026 at 7am EDT. The prediction market, offered by Robinhood Derivatives, LLC, allows users to choose from three possible price ranges: $83,900 to $83,999.9951¢, $83,800 to $83,899.9934¢, and $84,000 to $84,099.9914¢.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the final price. The average of 60 RTI prices collected at the last minute before expiration will be used as the official value. Those who correctly predict the price range will receive $1 for every contract they own, with additional fees applying.
It's worth noting that this market is not suitable for everyone and involves significant risk. Trading prohibitions apply to those employed by Source Agencies or holding material non-public information on Bitcoin.