Crypto
Robinhood Offers Bitcoin Price Prediction Contract
Robinhood Derivatives has introduced a new event contract on its platform, allowing users to bet on the price of Bitcoin (BTC) on August 24, 2026 at 3am EDT. The contract is based on data from CF Benchmarks' Real Time Index (RTI), which collects and averages 60 prices in real-time before expiration.
The contract has several price ranges, including $77,200 to $77,299.9917¢, $77,300 to $77,399.9917¢, and $77,100 to $77,199.9913¢. Users can predict the final price of BTC at the specified time and date.
The contract resolves within one hour of the event, with payouts typically made soon after. The contract terms and conditions are available on Robinhood's website, including information on trading prohibitions and eligibility requirements.