Robinhood Offers Futures Contract for BTC Price on September 14, 2026
Ridgewood-based fintech company Robinhood is offering a futures contract for Bitcoin's price on September 14, 2026 at 7am EDT. The contract allows users to bet on whether the price of BTC will be within certain ranges. According to the source, there are four possible price ranges: $77,900 to 77,999.9939¢, $77,800 to 77,899.9933¢, $78,000 to 78,099.9924¢, and $77,700 to 77,799.9913¢. The contract will resolve in real-time and users can win up to $1 for every contract they own if their prediction is correct.
The contract uses data from CF Benchmarks' Real Time Index (RTI) to determine the official price of Bitcoin. This index collects 60 RTI prices at the last minute before expiration, then averages them to get the final value. Users can close their positions before the event resolves to avoid any potential losses.
The futures contract is offered by Robinhood Derivatives, LLC through various exchanges and involves significant risk. As such, it's not suitable for everyone and users should carefully consider their personal financial circumstances before participating.