Robinhood Launches Contract for Bitcoin Price Prediction on September 1, 2026
Risk-averse investors can now place bets on the price of Bitcoin at a specific point in time. Robinhood's Crypto Prediction Market offers a contract that resolves to determine the outcome of the BTC price on September 1, 2026, at 7am EDT.
The contract allows buyers and sellers to bet on one of three possible price ranges: $77,900 to $77,999.9925¢, $77,800 to $77,899.9923¢, or $78,000 to $78,099.9923¢. The prices are based on CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and uses their average as the final value.
Buyers can earn a payout of $1 for every contract they own if their prediction is correct, or they can close their position before the event resolves. However, investors should be aware that trading involves significant risk and may not be suitable for everyone.