Robinhood Launches Prediction Market for BTC Price on Sep 1, 2026

Retail brokerage firm Robinhood has introduced a new prediction market on Bitcoin's price at a specific date and time. The contract, which is already live on its platform, allows traders to bet on whether BTC will close above certain price thresholds.

The contract in question targets the price of Bitcoin on September 1, 2026, at 6pm EDT. According to the terms set by Robinhood, the final price used for determination will be based on the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration.

Trading participants can place bets on four different price thresholds: $77,100 or above, $78,100 or above, $77,200 or above, and $77,300 or above. The payouts for each threshold are 99 cents for the first two options and 1 cent for the last two.