Robinhood Launches Event Contract for Predicting BTC Price on August 12, 2026

Risk-takers can now bet on the future price of BTC using Robinhood's event contract, which expires on August 12, 2026 at 3am EDT. The contract allows users to predict whether the price will be above $54,600 or higher. If they're correct, they'll receive $1 for every contract owned.

The final value is determined by taking the average of 60 Real Time Index (RTI) prices collected in the last minute before expiration. The RTI is provided by CF Benchmarks. Additional fees apply to those who choose not to close their position before the event resolves.

Users should be aware that trading prohibitions are in place, including restrictions for individuals employed by certain agencies and those with material non-public information on Bitcoin.