Robinhood Offers Bitcoin Price Speculation Contract for Aug 30, 2026
Retail trading platform Robinhood Derivatives is offering traders a chance to speculate on the price of Bitcoin at a specific point in time. The contract, set to expire on August 30, 2026 at 11pm EDT, will determine whether the price of BTC reaches certain thresholds.
The payout structure offers rewards for predicting prices above $77,700, with higher payouts for reaching even higher levels: $77,800 would net a trader 61 cents per contract, while $78,000 would earn just 19 cents.
The official and final value used to determine the outcome will be based on the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration. Traders can choose to close their positions before the event resolves or wait for the payout.
Trading in these contracts involves significant risk and may not be suitable for all investors, according to Robinhood Derivatives.