Robinhood Launches Bitcoin Price Prediction Market for 2026
Robinhood is offering a prediction market on the price of Bitcoin (BTC) as of October 6, 2026, at 10 PM EDT. The platform allows users to bet on whether the cryptocurrency will reach specific price targets, with payouts based on the accuracy of their predictions. The current odds suggest a 64-cent chance that BTC will be at $85,400 or above, a 38-cent chance for $85,500 or above, and a 16-cent chance for $85,600 or above.
The price will be determined using CF Benchmarks' Real Time Index (RTI), averaging 60 prices collected in the final minute before expiration. Users can earn $1 for every correct contract they own or close their positions before the event resolves. Additional fees apply, and trading is prohibited for individuals with material, non-public information or those employed by relevant agencies.
The event is part of Robinhood Derivatives' offerings, available through platforms like KalshiEX LLC and ForecastEX, LLC. Trading involves significant risk and is not suitable for everyone, with live data provided for informational purposes only.