Robinhood Prediction Market Seeks Bitcoin Price Guessers

Risk-averse traders and investors may be interested in a recent prediction market offering from Robinhood. The contract, which expires on August 24, 2026 at 11pm EDT, asks participants to predict the price of Bitcoin within a specific range.

The predicted ranges are $79,800 to $79,899.9913¢, $79,700 to $79,799.9912¢, and $79,900 to $79,999.9912¢. The contract will determine which range is correct based on the CF Benchmarks' Real Time Index (RTI) prices.

Those who correctly predict the price range will receive a payout of $1 for every contract owned. Participants can also choose to close their positions before the event resolves, but additional fees may apply.