Robinhood Offers Crypto Prediction Market for BTC Price Target

Risk-tolerant investors can now predict the price of Bitcoin on a specific date through Robinhood's crypto prediction market. The platform is offering contracts that determine if BTC will be above certain prices at a set time. According to the contract, the price used to settle the bet is based on CF Benchmarks' Real Time Index (RTI). 60 RTI prices are collected at the last minute before expiration and the official value is the average of these prices.

The specific date in question is September 6, 2026, at 9pm EDT. The contracts have various price targets, including $80,200 or above ($77¢), $80,300 or above ($67¢), and so on up to $80,600 or above ($21¢). If a trader's prediction is correct, they can earn $1 for every contract owned.

The platform warns traders that futures, options, and cleared swaps trading involves significant risk. It advises investors to carefully consider their personal financial circumstances before participating in the market.