Robinhood Sets Stage for BTC Price Prediction on August 23, 2026
The price of Bitcoin is set to be determined by Robinhood's prediction market on August 23, 2026 at 8pm EDT. The market will use CF Benchmarks' Real Time Index (RTI) prices collected in the last minute before expiration. The final value will be the average of these 60 RTI prices.
The contract offers a payout of $1 for every contract owned if the prediction is correct. Traders can also close their positions before the event resolves, but additional fees apply.
According to the terms and conditions, persons employed by certain agencies or holding material non-public information on Bitcoin are not permitted to trade on the contract.