Robinhood Offers Bitcoin Price Prediction Contracts for September 2026
A prediction market on Robinhood is offering contracts to predict the price of Bitcoin (BTC) at a specific time in 2026. The event, which resolves on September 26, 2026, at 4am EDT, will determine whether the price of BTC falls within a certain range. According to the contract, if the price of BTC is between $83,900 and $83,999.9939, or between $84,000 and $84,099.9935, or between $83,800 and $83,899.9911 at the specified time, the contract will resolve in favor of those who bet on that outcome.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration and uses their average as the official value. The payout for correct predictions is $1 per contract, with additional fees applying. However, some individuals may be prohibited from trading due to employment or material non-public information.
Those interested in participating should carefully consider whether this type of investment is suitable for them, given its associated risks and requirements. It's essential to read the full contract terms and conditions before making any decisions.