Robinhood Offers Bitcoin Price Prediction Market for August 2026
The prediction market on Robinhood is offering traders a chance to bet on the price of Bitcoin (BTC) on August 15, 2026 at 5pm EDT. The possible outcomes include prices above $62,500, $62,750, $63,000, and $63,250. According to the data, if the price reaches or exceeds $62,750, traders will be paid out 64 cents per contract.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the final value. The RTI collects 60 prices at the last minute before expiration and calculates the average. This is then used to resolve the contracts. Traders can choose to close their positions before the event resolves or wait until it settles.
The prediction market also comes with some restrictions. Individuals employed by certain agencies, as well as those who hold material non-public information about the underlying asset, are not permitted to trade on the contract.