Robinhood Issues Bitcoin Price Prediction Market Contract
Robinhood Derivatives, LLC, through various exchanges, has issued a contract for a prediction market on the price of Bitcoin on October 4, 2026, at 11pm EDT. The contract is based on the CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration. The final value is the average of these prices. If the prediction is correct, the holder gets $1 for every contract owned.
The event is open 24 hours a day, except on Thursday from 3AM-5AM ET. The contract resolves within one hour of the event resolution. Trading is prohibited for individuals with material, non-public information on the Underlying or those employed by the Source Agencies.