Robinhood Releases BTC Price Prediction Market for August 16, 2026

Robinhood's prediction market has released a new contract for BTC price on August 16, 2026 at 11am EDT. The expected range is between $62,900 to $63,199.994¢, with three possible price ranges: $62,900 to 62,999.9953¢, $63,000 to 63,099.9945¢, and $63,100 to 63,199.994¢.

The contract is based on CF Benchmarks' Real Time Index (RTI) and will resolve the outcome within one hour of the event. Participants can earn $1 for every contract owned if their prediction is correct or close their position before the event resolves.

It's worth noting that trading prohibitions apply to certain individuals, including those employed by Source Agencies and those with material non-public information on Bitcoin.