Robinhood Hosts BTC Price Prediction Event with High Stakes

Risk-taking investors are gearing up for a Bitcoin price prediction event hosted by Robinhood Derivatives, LLC on August 1, 2026 at 3am EDT. The contract in question asks participants to predict whether the price of BTC will be above $54,100 or higher when the market closes.

The final value used to determine this market is based on CF Benchmarks' Real Time Index (RTI), which averages 60 prices collected at the last minute before expiration. The contract offers a payout of $1 for every contract owned if the prediction is correct.

It's worth noting that persons employed by certain agencies or holding material, non-public information about Bitcoin are prohibited from trading on this contract.