Robinhood Derivatives Unveils BTC Price Prediction Market Ahead of August 2026 Deadline
The cryptocurrency market has a new prediction market offered by Robinhood Derivatives, LLC. The contract resolves on August 1, 2026 at 5pm EDT and determines the outcome based on the price of Bitcoin (BTC).
The prices used to determine this market are based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected. The official and final value is the average of these prices.
The payout for a correct prediction varies depending on the price range: $62,750 or above offers a payout of 65¢ per contract owned, while $63,000 or above pays out 47¢ per contract, and so on. The maximum payout is $63,500 or above at 16¢ per contract.