Robinhood Offers Contracts for Bitcoin Price Prediction on September 27, 2026
The cryptocurrency market has been abuzz with predictions and speculations about the future price of Bitcoin. According to Robinhood's Crypto Prediction Market, one event that has garnered significant attention is the potential price of Bitcoin on September 27, 2026, at 1am EDT.
The contract, which resolves determinate of the outcome, has several pricing tiers, with varying levels of confidence attached to each. For instance, if the price of Bitcoin reaches $84,300 or above, owners of the contract stand to gain 86 cents per contract.
The market uses CF Benchmarks' Real Time Index (RTI) prices to determine the final value. The index collects 60 RTI prices at the last minute before expiration and calculates the average to arrive at the official price. The contract pays out within an hour of event resolution, and additional fees apply.