Robinhood Derivatives Sets $78,600 Price Target for Bitcoin on September 8, 2026
The Robinhood Derivatives' contract on Bitcoin's price has set a target of $78,600 or above at 10pm EDT on September 8, 2026. The payout for this event is based on a prediction market, where participants can bet on the outcome. According to the contract terms, if the final price of Bitcoin is at or above $78,600, those who have invested in the contract will receive a payout.
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of Bitcoin's price. This index collects 60 RTI prices at the last minute before expiration, and the average of these prices is used as the final value. Those who hold material non-public information on the underlying asset are not permitted to trade on the contract.
The event resolution will determine the outcome of the contract, with a payout usually within one hour of the event resolving. Live data for informational purposes only may be delayed or incorrect.