Robinhood Sets Aug 19 BTC Price Prediction Contract
The price of Bitcoin on August 19, 2026 at 4pm EDT will be determined by Robinhood Derivatives, LLC in a futures contract. The company uses CF Benchmarks' Real Time Index (RTI) to calculate the final value. At the last minute before expiration, 60 RTI prices are collected and averaged to determine the outcome.
The contract allows traders to predict whether the price will be $68,100 or above, with corresponding payouts of 79¢ for each correct prediction. If a trader owns contracts that correctly predict the price, they will receive $1 for every contract owned upon resolution of the contract.
Traders can choose to close their positions before the event resolves, but additional fees apply. Trading prohibitions are in place for persons employed by certain agencies or holding material non-public information on the underlying asset.