Robinhood Offers BTC Price Prediction Contract for August 2026
Robinhood's Crypto Prediction Market is offering a contract related to the price of Bitcoin on August 22, 2026. The question at hand is what will be the price of BTC at 8am EDT that day? According to Robinhood, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and the official and final value is the average of these prices.
The contract offers a payout for correct predictions. If your prediction is correct, you'll get $1 for every contract you own. However, if your prediction is incorrect, or you close your position before the event resolves, additional fees will apply.
It's worth noting that there are some restrictions and eligibility requirements for this contract. Persons who hold any material, non-public information on Bitcoin are not permitted to trade on the Contract. Additionally, futures, options on futures, and cleared swaps trading involves significant risk and is not appropriate for everyone.