Robinhood Predicts BTC Price for August 2026
Robinhood's Crypto Prediction Market is offering a contract that predicts the price of BTC on August 28, 2026 at 6pm EDT. The market uses CF Benchmarks' Real Time Index (RTI) to determine the outcome. The contract resolves when the official and final value is calculated as the average of 60 RTI prices collected in real-time before expiration.
According to the contract terms, participants can get $1 for every contract they own if their prediction is correct. Alternatively, they can close their position before the event resolves, but additional fees apply. It's essential to note that certain individuals are not permitted to trade on this contract due to employment or material non-public information.
The contract offers multiple price ranges, with different payouts for each. For example, if the BTC price is $77,300 or above, participants can get 76¢ per contract. However, if it reaches $77,500 or above, they'll receive a higher payout of 17¢ per contract.