Robinhood Derivatives Offers BTC Price Prediction Contract
Roninhood Derivatives, LLC is offering a contract on the price of Bitcoin (BTC) on July 30, 2026 at 6am EDT. The contract will determine if the price of BTC reaches certain thresholds.
According to the contract terms, if the price of BTC is above $64,100 or more, owners of the contract will receive a payout of 75 cents per contract. If it's above $64,200 or more, they'll get 54 cents per contract, and if it's above $64,300 or more, they'll receive 28 cents per contract.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected. The official and final value is the average of these prices.