Robinhood Offers BTC Price Prediction Contract for September 2026
The cryptocurrency market has been abuzz with predictions about the future price of BTC. One such prediction comes from Robinhood, which offers a contract for betting on the price of Bitcoin at a specific date and time.
The contract in question is for the price of Bitcoin (BTC) on September 16, 2026, at 2am EDT. According to the terms of the contract, 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 Robinhood contract has different payout levels for different price ranges. If the price of BTC reaches or surpasses $75,700, the payout is 73¢ per contract. If it reaches or surpasses $75,800, the payout increases to 49¢ per contract. The highest payout, 27¢ per contract, is reserved for a price above $75,900.
It's worth noting that trading prohibitions apply, including restrictions on persons who are employed by certain agencies or hold material non-public information on the underlying asset.