Robinhood Launches Contract to Predict BTC Price on August 11, 2026
The contract for predicting Bitcoin's price on August 11, 2026 at 2am EDT has been announced by Robinhood Derivatives. The contract uses CF Benchmarks' Real Time Index (RTI) to determine the final price. At the last minute before expiration, 60 RTI prices are collected and averaged to get the official value.
The payout for this contract is $1 per contract owned if the prediction is correct. The trading hours for this contract are 24/7, except on Thursdays from 3am-5am ET. Event day is August 11, 2026, and the contract resolves at that time.
There are restrictions on who can trade on this contract. People employed by Source Agencies or holding material, non-public information about Bitcoin cannot participate. It's also noted that futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone.