Robinhood Releases Prediction Market for Bitcoin Price on September 28, 2026

The cryptocurrency market is abuzz with speculation about the future price of Bitcoin. Robinhood.com has released a prediction market for the price of BTC on September 28, 2026, at 12am EDT.

According to the contract terms, there are various payout amounts based on different price thresholds. If the price of Bitcoin reaches $83,400 or above, holders of the contract can receive a payout of 67 cents per contract. For every dollar increment above this threshold, the payout decreases by 19 cents.

The trading hours for this contract are 24 hours a day, except on Thursdays from 3am to 5am ET. The contract resolves based on the CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration and determines the official value as their average.

The prediction market is offered by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc. The terms and conditions of the contract are detailed on the website, but it's essential to note that trading involves significant risk.