Robinhood Offers BTC Price Prediction Market Ahead of Aug 11 Expiration
A new prediction market on Robinhood's platform is offering traders a chance to predict the price of Bitcoin (BTC) at a specific time in the future. The contract, which expires on August 11, 2026, at 2am EDT, asks users to guess whether the price will be within a certain range. According to CF Benchmarks' Real Time Index (RTI), the average of 60 collected prices at the last minute before expiration will determine the outcome.
The ranges in question are $64,400 to $64,499.9983, $63,900 to $63,999.9964, and $63,800 to $63,899.9917. Traders can choose one of these options or opt out before the event resolves.
Fees apply for trading on this contract, and users are warned that employment by certain agencies or holding non-public information on Bitcoin may disqualify them from participating.