Crypto
Robinhood Offers Contract for Predicting Bitcoin Price on August 21, 2026
The Robinhood Derivatives, LLC is offering a contract that will determine the price of Bitcoin on August 21, 2026 at 12pm EDT. The contract uses CF Benchmarks' Real Time Index (RTI) to calculate the average price of Bitcoin from 60 collected prices at the last minute before expiration.
The outcome of the contract can be one of several predetermined levels: $76,500 or above, $77,200 or above, $79,900 or above, and others. The payout for each level varies between 5¢ to 98¢ per contract.