Robinhood Sets August 31 BTC Price Prediction Contract

The upcoming contract on Robinhood's Derivatives platform will settle the price of Bitcoin (BTC) at a specific time and date. On August 31, 2026, at 12pm EDT, the platform will determine the outcome of the contract by taking an average of the last minute's prices from CF Benchmarks' Real Time Index (RTI). This index collects 60 RTI prices before expiration to arrive at the final value.

Those who own contracts and correctly predict the price will receive $1 for each contract. However, participants can also choose to close their positions before the event resolves, though additional fees apply. It's essential to read the full contract terms and conditions before participating.