Robinhood Launches Bitcoin Price Prediction Market with Aug 2026 Target
Retail trading platform Robinhood has announced a prediction market on its platform, allowing users to bet on the future price of Bitcoin. The contract is based on the CF Benchmarks' Real Time Index (RTI) and will resolve on August 21, 2026 at 6pm EDT.
The contract offers various payout levels for different price targets: $77,600 or above with a 58¢ payout per contract, $77,700 or above with a 43¢ payout, and $77,800 or above with a 30¢ payout. The minimum contract value is one unit of the underlying asset.
The trading hours for this contract are 24 hours a day, except for Thursday from 3am to 5am ET. The contract itself does not involve any material risk, but users should be aware that futures and options on futures trading involves significant risk and may not be suitable for everyone.