Robinhood Offers Bitcoin Derivative Contract with $84,900 Target
Rights holders in the upcoming Bitcoin derivative contract on Robinhood Derivatives, LLC are betting on the price of Bitcoin on October 3, 2026, at 10pm EDT. The contract resolves based on the Real Time Index (RTI) provided by CF Benchmarks. If the price of Bitcoin is above $84,900, contract holders will receive a payout. The contract is open 24 hours a day, except for Thursday mornings, when trading is suspended from 3am to 5am ET. Additional fees apply, and there are restrictions for certain individuals, including those employed by the Source Agencies and those with material, non-public information on the Underlying.