Robinhood Derivatives Seeks Bitcoin Price Guessers for August 29 Event
Risk-takers and enthusiasts can now participate in a unique event contract offered by Robinhood Derivatives, LLC. The contract resolves on August 29, 2026, at 10am EDT, determining the price of Bitcoin (BTC) at that exact time. To calculate this price, CF Benchmarks' corresponding Real Time Index (RTI) is used, with a final value being the average of 60 collected RTI prices just before expiration.
For every correct prediction, participants will receive $1 per contract owned. Alternatively, they can close their position before the event resolves, but additional fees apply. It's essential to read and understand the full contract terms and conditions.