Crypto
Robinhood Offers BTC Price Prediction Market with Aug 28 Deadline
The prediction market on Robinhood is offering traders a chance to bet on the price of BTC at a specific time in the future. According to the contract, the price of Bitcoin must be above $77,500 or higher for a payout to occur.
The event resolves on Aug 28, 2026 at 11pm EDT, and the final value is determined by averaging 60 RTI prices collected in real-time. The official and final value is then used to calculate payouts.
Those who own contracts and predict a price above $77,500 correctly will receive $1 for every contract they own. However, there are some restrictions and eligibility requirements that apply to trading on this contract.