Robinhood Offers Contract for Bitcoin Price Prediction on August 3, 2026

The Robinhood prediction market is offering a contract for traders to predict the price of Bitcoin on August 3, 2026 at 6am EDT. The predicted price range is between $62,700 and $62,799.9998¢. If the actual price falls within this range, holders of the contract will receive a payout.

The contract uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of Bitcoin's price at the time of expiration. The RTI collects 60 prices from various sources before expiration and calculates an average to ensure accuracy.

Traders can choose to close their positions before the event resolves or hold on to potentially receive a payout if the prediction is correct. However, it's essential to note that trading involves significant risk and may not be suitable for everyone.