Robinhood Offers BTC Price Prediction Contract for July 31, 2026
The Robinhood Derivatives, LLC is offering a contract that bets on the price of Bitcoin (BTC) on July 31, 2026 at 9pm EDT. The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. At the last minute before expiration, 60 RTI prices are collected, and the official value is the average of these prices.
The payout for this contract will be $1 for every contract owned if the prediction is correct. However, there are restrictions on who can trade on this contract, including persons employed by certain agencies or those with material non-public information about Bitcoin.
It's worth noting that trading futures and options involves significant risk and may not be suitable for everyone. Live data is also delayed or incorrect at times, so investors should exercise caution when making decisions based on it.