Robinhood Launches BTC Price Prediction Contract for August 2026

The Robinhood Derivatives LLC has announced its latest contract, allowing users to predict the price of Bitcoin on August 19, 2026 at 10am EDT. The contract will resolve based on the CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration and averages them for the official value.

Those who correctly predict that the BTC price will be $65,000 or above will receive $1 per contract owned. The event will take place 24 hours a day, except on Thursdays between 3am-5am ET.

The contract prohibits trading by employees of certain agencies and individuals with material non-public information about Bitcoin. Trading restrictions also apply to futures, options on futures, and cleared swaps due to significant risk involved.