Robinhood Derivatives Sets Price Range for Bitcoin on August 15, 2026
The prediction market on Robinhood Derivatives has set a price range for Bitcoin (BTC) on August 15, 2026 at 12am EDT. According to the Contract, the price of BTC is expected to fall within two specific ranges: between $63,000 and $63,099.9974¢, or between $62,900 and $62,999.9921¢. The contract resolves on August 15, 2026 at 12am EDT, with payouts usually made within one hour of the event resolution.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and uses the average as the official and final value. This approach ensures that the price data used is accurate and reliable, rather than relying on sources like Google or Coinbase.
Participants in the prediction market can purchase contracts with a maximum payout of $1 for every contract owned if their prediction is correct. Alternatively, they can close their position before the event resolves, although additional fees may apply.