Robinhood Offers Contract to Predict Bitcoin Price on August 24, 2026
The price of Bitcoin (BTC) will be determined on August 24, 2026 at 7am EDT. This is according to a contract offered by Robinhood Derivatives, LLC through various exchanges.
The contract resolves based on the Real Time Index (RTI) from CF Benchmarks, which collects 60 RTI prices in the last minute before expiration and uses their average as the official price.
Those who own a contract will receive $1 for every unit they own if their prediction is correct. However, additional fees apply to closing positions before the event resolves.