Robinhood Launches BTC Price Prediction Market for August 21, 2026
The prediction market for Bitcoin's price on August 21, 2026 at 2pm EDT is now open. According to Robinhood Derivatives, LLC, the market will determine whether the price of BTC reaches certain thresholds. The possible outcomes include a price above $76,300, $76,600, or $78,300.
The payout for each contract will be based on these specific prices. If the outcome is correct, users who own contracts can receive up to $1 per contract. However, if the price falls short of these targets, the users will lose their investment.
It's worth noting that the market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of BTC at 2pm EDT on August 21, 2026. The RTI collects 60 prices in real-time before expiration, and the average price is used as the reference.
Additionally, trading restrictions apply, including prohibitions for individuals employed by certain agencies or holding material non-public information on Bitcoin.