Robinhood Predicts BTC Price on August 31, 2026
Roger that - on August 31, 2026 at 1pm EDT, the price of Bitcoin (BTC) will be a key focus point for many in the crypto space. Robinhood has set up a contract to determine the outcome of this event, which will resolve by calculating the average of 60 Real Time Index prices collected at the last minute before expiration.
The Robinhood Derivatives contract offers participants the chance to predict the BTC price on that date and receive payouts based on their predictions. According to the terms and conditions, $1 is awarded for every correct prediction owned by a participant. However, it's essential to note that additional fees apply.
It's worth mentioning that live data may be delayed or incorrect, and futures, options on futures, and cleared swaps trading involves significant risk, making it unsuitable for everyone. Trading prohibitions also exist for certain individuals who work with the Source Agencies or possess material, non-public information about Bitcoin.