Robinhood Unveils Bitcoin Price Prediction Market Ahead of August 2026
Robinhood's prediction market has created a contract that allows users to predict the price of Bitcoin on August 13, 2026 at 5pm EDT. The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. If the user predicts correctly, they can receive $1 for every contract they own.
The contract has several options: predicting that the price will be above $63,250, above $63,500, or above $63,750. It also includes a 'LIVE' option, which pays out if the price is above $63,000 at the specified time.
However, users should note that trading prohibitions apply to certain individuals, including those employed by Source Agencies and those with material non-public information on Bitcoin. Additionally, futures and options trading involves significant risk and may not be suitable for everyone.