Crypto
Robinhood Derivatives Seeks Bitcoin Price Predictions on August 23, 2026
The prediction market on Robinhood Derivatives is offering traders a chance to bet on the price of Bitcoin at a specific point in time. The contract, which expires on August 23, 2026, at 11pm EDT, asks participants to predict whether the price of BTC will be above $77,400 or above $75,800.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 prices in real-time before expiration. The official and final value is the average of these prices.
According to the contract terms, participants can get $1 for every contract they own if their prediction is correct. Alternatively, they can close their position before the event resolves, but additional fees will apply.