Robinhood Sets Price Thresholds for Bitcoin Value on August 6, 2026
The price of Bitcoin on August 6, 2026 at 11am EDT will be determined by Robinhood's prediction market. According to the contract details, several price thresholds have been set: $54,600 or above, $54,700 or above, and $55,500 or above. The official and final value is the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration.
Those who own contracts and correctly predict the price will receive $1 for each contract. Alternatively, they can close their positions before the event resolves, but additional fees apply. The trading restrictions include prohibition for those employed by certain agencies or holding material non-public information on the underlying asset.