Robinhood Launches BTC Price Prediction Contract for August 11
The Robinhood Derivatives contract for Bitcoin's price on August 11, 2026 at 3pm EDT is now live.
According to the terms of the contract, if the final price of BTC is above $63,300 or below $63,200, users will receive a payout. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI).
The official and final value is the average of 60 RTI prices collected at the last minute before expiration.
Users can buy or sell contracts with varying degrees of risk, but it's essential to note that trading prohibitions apply to individuals employed by certain agencies or holding material non-public information on Bitcoin.