Robinhood Offers Prediction Market Contract for BTC Price on August 24, 2026
Retail investing platform Robinhood is offering a prediction market contract for the price of Bitcoin on August 24, 2026 at 5pm EDT. The possible outcomes range from $76,250 to $76,499.998 for one contract and $66,250 to $66,499.995 for another.
The outcome will be determined by CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration and calculates the average value.
If your prediction is correct, you'll receive $1 per contract, or you can close your position before the event resolves. However, keep in mind that trading involves significant risk and may not be suitable for everyone.