Robinhood Launches Bitcoin Price Prediction Contract

Rainbow Finance has been granted permission to sell derivatives contracts tied to Bitcoin's price at a specific point in time, August 1, 2026. The contract pays $1 for every derivative held if the prediction is correct and uses CF Benchmarks' Real Time Index (RTI) as its pricing basis.

The RTI collects 60 prices just before expiration to determine the official price of Bitcoin, which will serve as the basis for payouts. If a holder of such a contract guesses correctly, they will receive $1 per derivative held.