Robinhood Prediction Market Sets Sights on BTC Price Target

The cryptocurrency prediction market on Robinhood has set its sights on Bitcoin's price at a specific point in time. On August 31, 2026, at 7pm EDT, the platform is asking users to predict if the price of BTC will reach $78,700 or above.

According to the contract terms, the official and final value for determining the outcome will be based on CF Benchmarks' corresponding Real Time Index (RTI). The index will collect 60 RTI prices at the last minute before expiration, with the average of these prices serving as the final value.

The potential payout for users who correctly predict that the price of BTC will reach $78,700 or above is $1 per contract. However, users can also choose to close their positions before the event resolves, which may involve additional fees.