Robinhood Derivatives Offers Bitcoin Price Prediction Market Contract
On August 5, 2026, at 5am EDT, Robinhood Derivatives, LLC is offering a prediction market contract that determines the outcome of the Bitcoin price.
The contract, which expires on the same day, asks participants to predict whether the price of BTC will be above certain thresholds. The specific targets are $54,100 or higher, $54,500 or higher, and $54,600 or higher.
A participant who correctly predicts any of these outcomes earns a payout of $1 for each contract owned. However, traders have the option to close their positions before the event resolves.
The price used to determine the outcome is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in real-time before expiration and averages them to arrive at a final value. Trading prohibitions apply to individuals employed by certain source agencies or those with access to material, non-public information.
Futures and options trading on the Contract involves significant risk and may not be suitable for everyone. Live data is provided for informational purposes only and may be delayed or incorrect.