Robinhood Sets August 23 Deadline for BTC Price Prediction Contract

The date is set for August 23, 2026, at 4pm EDT when Bitcoin's price will be determined. Robinhood offers a contract where participants can predict the price of BTC at that time. The resolution will be based on CF Benchmarks' Real Time Index (RTI), collecting 60 prices before expiration to find the average.

If the prediction is correct, users get $1 for every contract owned. The final value may take about an hour after the event resolves. Additional fees apply, and participants can close their positions beforehand.