Robinhood Prediction Market Sets Price Target for Bitcoin (BTC) on August 3, 2026
A new prediction market on Robinhood has been set up to determine the price of Bitcoin (BTC) on August 3, 2026 at 9pm EDT. The contract will resolve based on the corresponding Real Time Index (RTI) from CF Benchmarks, which collects 60 prices in real-time before expiration.
The market offers a range of possible outcomes, with predictions that the price of BTC will be above $53,600, $62,600, or $62,800 at the specified time. If one's prediction is correct, they can earn up to $1 per contract owned.
However, it's essential to note that futures and options trading involve significant risk and may not be suitable for everyone. The contract prohibits certain individuals from participating, including those employed by Source Agencies or holding material non-public information on the Underlying.