Robinhood Offers Bitcoin Price Betting Opportunity on August 19, 2026

Rather than predicting where the price of Bitcoin will be in the future, Robinhood is offering a unique opportunity for investors to bet on its value at a specific point in time. On August 19, 2026, at 9am EDT, the outcome of the contract will determine whether the price of Bitcoin exceeds certain thresholds.

The prices are as follows: $64,800 or above, with a payout of 90¢ per contract; $64,900 or above, with a payout of 51¢ per contract; and $65,000 or above, with a payout of 12¢ per contract. The maximum payout is $3 for the highest threshold.

The contract's pricing is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration to determine the final value.