Robinhood Launches BTC Price Prediction Market for October 2026
A new prediction market has been launched by Robinhood, allowing users to bet on the price of Bitcoin at a specific time in the future. The contract is for the price of BTC on October 3, 2026, at 4am EDT. According to the market, the predicted price range is between $84,600 and $84,699.9941¢.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of the contract. This means that 60 RTI prices are collected at the last minute before expiration, and the average of these prices is used as the final value.
Users can buy or sell contracts on this market, with payouts usually within one hour of event resolution. However, it's essential to note that futures, options, and cleared swaps trading involves significant risk and may not be suitable for everyone.