Robinhood Launches BTC Price Prediction Contract for August 2026

The Robinhood crypto derivatives platform has launched a new contract that allows traders to predict the price of Bitcoin on August 19, 2026 at 9pm EDT. The contract is based on the CF Benchmarks' Real Time Index (RTI) and uses an average of 60 RTI prices collected at the last minute before expiration to determine the final value.

According to the contract terms, if a trader predicts that the price will be $69,400 or above, they can win $1 for every contract they own. The trading hours for this contract are 24 hours a day, except on Thursdays from 3am-5am ET.

The platform emphasizes that futures and options on futures trading involves significant risk and may not be suitable for everyone. Traders are advised to carefully consider their personal financial circumstances before participating in the contract.