Robinhood Offers Bitcoin Price Prediction Market
Risk-takers on Robinhood Derivatives can bet on the price of Bitcoin (BTC) at a specific date and time, according to a prediction market listed on robinhood.com. The target is September 25, 2026, at 11pm EDT. The predicted range for BTC is between $84,100 and $84,199.9932.
The contract will determine the outcome based on CF Benchmarks' Real Time Index (RTI). This index collects 60 prices in real-time to calculate an average value, which will be used as the final price for the prediction market. The payout is typically within one hour of event resolution and amounts to $1 per contract if the prediction is correct.