Robinhood Derivatives Puts Bitcoin Price Prediction Market to Test
Rick, an avid cryptocurrency trader, wants to know what will happen to the price of Bitcoin on September 30, 2026 at 5pm EDT. He's not alone in his curiosity as a prediction market has been set up by Robinhood Derivatives, LLC.
The market is based on CF Benchmarks' corresponding Real Time Index (RTI) and uses the average of 60 RTI prices collected at the last minute before expiration to determine the outcome. The contract resolves in one hour after the event.
There are different payout ranges for correct predictions, with $83,500 or above being worth 55 cents per contract, and $85,000 or above being worth 17 cents per contract. The market is open 24 hours a day except for Thursday between 3am-5am ET.