Robinhood Introduces BTC Price Prediction Market with Tight Deadline
Rather than predicting future prices for Bitcoin (BTC), a new contract on Robinhood allows users to bet on the exact price at a specific time. The 'Crypto Prediction Market - BTC' contract is set to resolve on September 13, 2026, at 11am EDT. According to the contract terms, the outcome will be determined by CF Benchmarks' Real Time Index (RTI) prices collected in the last minute before expiration.
The contract has multiple price ranges, including $77,000 to $77,099.9939, $76,900 to $76,999.9915, and others. The payout is usually within 1 hour of event resolution, with users receiving $1 for every contract they own if their prediction is correct.
The contract prohibits trading by persons who hold material non-public information on Bitcoin or those employed by certain Source Agencies. Live data may be delayed or incorrect, and users should consider the risks involved before participating in futures, options, or cleared swaps trading.