Robinhood Launches Bitcoin Price Prediction Contract for August 2026

Retail trading platform Robinhood has introduced a new contract on its derivatives market. The 'What will the price of Bitcoin be On Aug 6, 2026 at 2pm EDT?' contract allows users to predict whether the price of BTC will hit specific targets by that date and time.

The contract is based on CF Benchmarks' corresponding Real Time Index (RTI) and will use an average of 60 RTI prices collected in the minute before expiration to determine the final value. If a user correctly predicts one of three possible outcomes, BTC reaching $54,600 or above, $54,900 or above, or $63,400 or above, they can earn up to $1 per contract.

The contract prohibits employees of certain agencies from trading and requires users to carefully consider their financial circumstances before participating in futures, options on futures, or cleared swaps trading. Live data may be delayed or incorrect.