Robinhood Offers Futures Contract Based on Bitcoin Price at August 16 Deadline

Rain or shine, the Bitcoin price at 8pm EDT on August 16, 2026, will be determined by CF Benchmarks' Real Time Index (RTI) as part of a futures contract offered by Robinhood Derivatives.

The contract resolution will use the average of 60 collected RTI prices in real-time to determine its outcome. If the prediction is correct, the buyer receives $1 for every contract owned.

Beyond the technical details, it's essential to note that trading on this contract involves significant risk and may not be suitable for everyone. As per the terms, those employed by source agencies or holding material non-public information on Bitcoin are prohibited from participating in the contract.