Robinhood Seeks to Predict Bitcoin's Price on October 1, 2026

Rainmaker Robinhood has released a prediction market for the price of Bitcoin on October 1, 2026 at 8pm EDT. The contract is based on CF Benchmarks' Real Time Index (RTI) prices and will use the average of 60 RTI prices collected at the last minute before expiration as the final value. To win, traders must predict that the price will be $83,900 or above.

Traders can purchase contracts for a chance to win $1 for every contract owned if their prediction is correct. The contract resolves on October 1, 2026, and payouts are usually made within one hour of resolution. Trading prohibitions apply to certain individuals, including those employed by the Source Agencies.

The event marks another attempt to tap into the growing demand for cryptocurrency derivatives. Futures and options trading involve significant risk and may not be suitable for everyone.