Robinhood Offers Bitcoin Price Futures Contract with August 2026 Deadline
The Bitcoin price on August 23rd, 2026 at 7am EDT is the subject of a futures contract offered by Robinhood Derivatives, LLC. The contract determines whether the price will be above or below certain thresholds. If you own a contract and your prediction is correct, you'll receive $1 for every contract you own.
The official and final value used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the average of these prices is used as the final value. This process usually takes place within one hour of event resolution.
Futures contracts involve significant risk and may not be suitable for everyone. Trading prohibitions apply to certain individuals who hold material non-public information on Bitcoin or work with specific source agencies.