Robinhood Derivatives Offers Futures Contract on August 2, 2026 Bitcoin Price
Robinhood Derivatives is offering a futures contract that predicts the price of Bitcoin on August 2, 2026, at 12pm EDT. The contract's resolution will determine whether the BTC price reaches $63,000 or above by then.
The contract has multiple payout thresholds: $63,700 or above results in a 2¢ payment per contract, while $63,100 or above nets 1¢ per contract. On the other hand, if the price falls below $62,900, traders receive no payout.
Robinhood Derivatives emphasizes that trading involves significant risk and may not be suitable for everyone. The company warns that those employed by certain agencies or holding non-public information on Bitcoin are barred from participating in the contract.