Robinhood Derivatives Opens BTC Price Prediction Contract for July 31
The Robinhood Derivatives contract for Bitcoin's price on July 31, 2026 at 1pm EDT is now open. The contract uses CF Benchmarks' Real Time Index (RTI) to determine the outcome. If the price of BTC is above $62,900 or more at the time of resolution, those who own a contract will receive a payout.
The payout amounts are as follows: $62,600 or above, 90¢; $62,700 or above, 77¢; $62,800 or above, 55¢; and $62,900 or above, 32¢. The final value is the average of 60 RTI prices collected at the last minute before expiration.
Trading hours for this contract are 24 hours a day, except Thursday from 3am to 5am ET. It's essential to note that event contracts involve significant risk and may not be suitable for everyone.