Robinhood Launches Contract for Predicting BTC Price on August 1, 2026
Robinhood Derivatives has announced a contract for predicting the price of Bitcoin on August 1, 2026 at 7am EDT. The contract resolves to a payout based on the average price of Bitcoin as determined by CF Benchmarks' Real Time Index (RTI) at the last minute before expiration.
The contract offers payouts if the price of Bitcoin reaches or exceeds certain thresholds: $62,300 or above ($97), $64,000 or above ($6), and $63,800 or above ($3).
Investors can buy contracts with a value of one dollar each, with additional fees applying. The contract terms and conditions are available for review.