Robinhood to Settle Bitcoin Price at $85,600
The price of Bitcoin (BTC) is set to be determined by Robinhood Derivatives, LLC through their event contracts on September 30, 2026, at 10am EDT. The prediction market offers a range of possible prices for BTC, with the lowest being $85,200 and the highest being $85,599.999¢. The event contract will resolve on this date and time, determining the outcome based on CF Benchmarks' Real Time Index (RTI) prices.
The official and final value is calculated by averaging 60 RTI prices collected at the last minute before expiration. Traders can place bets on the price of BTC within the specified range, with a payout of $1 for every contract owned if their prediction is correct.
However, there are restrictions and eligibility requirements for trading on this contract, including prohibitions for persons employed by certain agencies or holding material non-public information on the underlying asset.