Robinhood Derivatives Releases Bitcoin Price Prediction Contract

A Robinhood Derivatives contract is live for predicting the price of Bitcoin on August 16, 2026 at 4pm EDT. The possible outcomes range from $63,100 to $63,199.9948¢, with a payout structure that rewards investors if their prediction is correct or close. This contract uses CF Benchmarks' corresponding Real Time Index (RTI) prices to determine the outcome.

The price used for this market is based on an average of 60 RTI prices collected at the last minute before expiration. According to the terms and conditions, investors can earn $1 for every contract owned if their prediction matches the actual price. Those who close their positions before the event resolves may incur additional fees.

Robinhood Derivatives emphasizes that this market is subject to significant risk and may not be suitable for everyone. As stated in the terms, 'Futures, options on futures and cleared swaps trading involves significant risk and is not appropriate for everyone.' The live data is provided for informational purposes only and may be delayed or incorrect.