Robinhood Prediction Market Sets Stage for Bitcoin Price Speculation

Robinhood's prediction market is offering contracts to predict the price of Bitcoin on October 4, 2026, at 7pm EDT. The contracts have three price ranges: $86,400 to $86,499.9999¢, $86,800 to $86,899.9910¢, and $87,000 to $87,099.9910¢. The contracts also have an alternative range of $85,800 to $85,899.996¢ and $86,700 to $86,799.995¢. The outcome will be determined by CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration. The final value will be the average of these prices. If the prediction is correct, the payout is $1 per contract. The contracts have specific restrictions, including prohibiting employees of Source Agencies and those with material non-public information on the underlying asset from trading.