Robinhood Offers BTC Price Prediction Contract Ahead of August 2026 Expiration

Robinhood Derivatives has introduced a new contract that allows users to predict the price of Bitcoin on August 1, 2026 at 3pm EDT. The contract, which will resolve on the same day, offers payouts if the prediction is correct, with $1 per contract owned for every dollar above or below certain thresholds.

The prices used to determine the outcome are based on CF Benchmarks' Real Time Index (RTI), and 60 RTI prices are collected at the last minute before expiration. The official and final value is the average of these prices.

Users who own contracts for this event will receive payouts if their prediction is correct, with additional fees applying to closing positions before the event resolves. Trading prohibitions apply to employees of certain agencies and individuals holding material non-public information on Bitcoin.