Robinhood Launches BTC Price Prediction Contract for August 27, 2026
A new contract has been launched by Robinhood on its Crypto Prediction Market, allowing users to bet on the price of BTC (Bitcoin) on August 27, 2026 at 11am EDT.
The contract offers various price targets, with a payout for each target reached. For instance, if the price of BTC reaches $79,500 or above, the user wins 58 cents per contract owned. If it reaches $79,600 or above, the payout is 49 cents per contract.
The contract resolution and payouts are based on the CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 prices at the last minute before expiration to determine the official value.
Users can close their positions before the event resolves or wait for the outcome, with additional fees applying. The trading hours are 24/7, except on Thursdays from 3am-5am ET.