Robinhood Launches BTC Price Prediction Market for August 2026
A new prediction market has emerged on Robinhood, targeting the price of Bitcoin (BTC) at a specific date and time. The contract, which resolves on August 5, 2026 at 12am EDT, asks traders to predict whether the price will fall within three narrow ranges: $64,100 to $64,199.9999¢, $63,800 to $63,899.996¢, or $64,000 to $64,099.995¢.
The contract uses CF Benchmarks' Real Time Index (RTI) as its pricing source, which collects 60 RTI prices at the last minute before expiration and calculates the average for the final value.
Traders can earn $1 for every contract they own if their prediction is correct or close their position before the event resolves. However, there are restrictions in place for certain individuals, including those employed by Source Agencies or holding material non-public information on Bitcoin.