Robinhood Offers Contract for Predicting August 2026 BTC Price
The Robinhood Derivatives, LLC is offering a unique contract for investors interested in predicting the price of Bitcoin on August 16, 2026 at 7pm EDT. The contract will resolve based on the average price of Bitcoin as determined by CF Benchmarks' Real Time Index (RTI) at the last minute before expiration.
The payout structure is tiered, with investors earning $1 for every contract owned if their prediction is correct. However, additional fees apply to close positions before event resolution. The terms and conditions of the contract are available on the Robinhood website.
Investors should be aware that trading prohibitions apply to those employed by certain agencies or holding material non-public information about Bitcoin. Event contracts involve significant risk and may not be suitable for all investors.