Robinhood Offers Contract for BTC Price Predictions on July 31, 2026
Risk-takers and speculators have a unique opportunity to bet on Bitcoin's price at a specific moment in the future. Robinhood Derivatives, LLC is offering a contract that resolves on July 31, 2026, at 8am EDT.
The contract pays out $1 for every unit owned if the price of BTC reaches or exceeds certain thresholds. The prices and payouts are as follows: $63,800 or above ($1), $63,900 or above (79¢), $64,000 or above (43¢), and $64,900 or above (14¢).
It's essential to note that 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.