Robinhood Launches Bitcoin Price Prediction Market for September 2026
Retail trading platform Robinhood has announced a new prediction market contract related to the price of Bitcoin on September 24, 2026. The contract will determine if the BTC price at 8pm EDT on that day will be above $84,200, $84,300, or $84,400.
The contract uses CF Benchmarks' Real Time Index (RTI) to calculate the final price, with the official value being the average of 60 collected RTI prices. The payout for a correct prediction is $1 per contract, and owners can close their positions before event resolution.
However, trading on this contract is subject to certain restrictions and eligibility requirements. Persons employed by Source Agencies or holding material non-public information on Bitcoin are not permitted to trade.