Robinhood Launches Bitcoin Price Prediction Contract for August 15, 2026
The price of Bitcoin on August 15, 2026 at 9am EDT will be determined by a contract offered by Robinhood Derivatives, LLC. The contract resolution will use the corresponding Real Time Index (RTI) from CF Benchmarks to calculate the final value.
According to the contract terms, if the price of Bitcoin is $62,800 or above at 9am EDT on August 15, 2026, contract holders will receive a payout. The payout amounts range from 99¢ for prices between $62,700 and $62,800 to 2¢ for prices above $63,100.
It is worth noting that trading hours are 24 hours a day, except for Thursday mornings when the market is closed from 3AM-5AM ET. The contract resolution will usually occur within one hour of the event.