Robinhood Releases Contract Predicting Bitcoin Price on August 1, 2026
The Robinhood Derivatives contract for predicting the price of Bitcoin on August 1, 2026 at 11am EDT has been released. The contract will pay out based on the average price of 60 Real Time Index (RTI) prices collected at the last minute before expiration. If the prediction is correct, contract holders will receive $1 for every contract owned.
The contract uses CF Benchmarks' corresponding RTI to determine the official and final value of Bitcoin's price. The contract terms and conditions state that additional fees apply, and those who are employed by certain agencies or hold material non-public information on the Underlying are not permitted to trade.
Those interested in trading should carefully consider their personal financial circumstances before participating in futures, options on futures, or cleared swaps trading, as it involves significant risk and may not be suitable for everyone.