Robinhood Derivatives Releases Contract for BTC Price on September 20, 2026
The cryptocurrency market is abuzz with excitement as Robinhood Derivatives has announced a contract related to the price of Bitcoin on September 20, 2026 at 8am EDT. The contract will determine whether the price of BTC will be $79,500 or above, $80,400 or above, $80,900 or above, among others.
The payout for each contract is based on the outcome, with a possible gain of $1 for every contract owned if the prediction is correct. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which averages 60 RTI prices collected at the last minute before expiration.
It's worth noting that trading prohibitions apply, including restrictions for persons employed by Source Agencies or those who hold material non-public information on Bitcoin. It's essential to carefully consider whether futures and options trading are suitable for your personal financial circumstances.