Robinhood Launches Bitcoin Price Prediction Market for October 2026
The price of Bitcoin on October 1, 2026 at 7am EDT will be determined by a prediction market offered by Robinhood. The market allows users to bet on whether the price of BTC will reach specific targets, with payout options ranging from $92 for every contract owned if the price hits $83,900 or above to $2 for every contract owned if it reaches $84,400 or above.
The prices used to determine this market are based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and takes the average as the official and final value.
It's worth noting that trading prohibitions apply, including restrictions for persons employed by certain agencies or holding material non-public information on Bitcoin. Trading involves significant risk and is not suitable for everyone.