Robinhood Derivatives Sets July Bitcoin Price Prediction Market

Randolph-based trading platform Robinhood Derivatives has released a prediction market for the price of Bitcoin on July 23, 2026 at 9pm EDT. The possible outcomes are limited to three predetermined price ranges: $64,900 to $64,999.9931¢, $64,800 to $64,899.9920¢, and $65,000 to $65,099.9919¢.

Investors can purchase contracts that pay out if the predicted outcome occurs. Each contract pays out $1 for every unit owned in case of a correct prediction. However, investors can also close their positions before the event resolves to avoid losses.

The data used for determining the price is based on CF Benchmarks' Real-Time Index (RTI), which takes an average of 60 collected prices at the last minute before expiration.