Robinhood Prediction Market Sets Price Range for Bitcoin's September 2026 Value
A prediction market on Robinhood has set a price range for Bitcoin's value at a specific point in time. According to the contract, which expires on September 7, 2026 at 1pm EDT, the expected price of BTC will fall within a certain band. The predicted price range is between $78,800 and $78,899.9923, with an alternative range between $78,900 and $78,999.9923, and another possible range between $78,700 and $78,799.9918.
The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the outcome of the contract. The official price is calculated as the average of 60 RTI prices collected at the last minute before expiration. If a user's prediction matches the actual price, they will receive $1 for every contract owned.
Trading hours for this contract are available 24/7, except on Thursdays from 3am to 5am ET. The contract prohibits persons employed by certain agencies or holding material non-public information about Bitcoin from trading on the contract.