Robinhood Offers Bitcoin Price Predictions for August 27, 2026
On August 27, 2026 at 10pm EDT, the price of Bitcoin (BTC) will be determined through a contract offered by Robinhood Derivatives, LLC. The outcome of this contract will depend on the average price of BTC based on CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration.
The contract allows traders to predict whether the price of Bitcoin will be above certain thresholds: $80,600 or higher ($73 per contract), $80,700 or higher ($60 per contract), $80,800 or higher ($45 per contract), and $80,900 or higher ($32 per contract). If a trader's prediction is correct, they can earn up to $1 for every contract owned.
However, it's essential to note that trading on this contract involves significant risk and may not be suitable for everyone. The contract prohibits certain individuals from trading, including those employed by the Source Agencies or holding material non-public information about Bitcoin.