Robinhood Unveils Bitcoin Price Prediction Market for September 2026
Retail trading platform Robinhood has announced a new prediction market on its Derivatives platform. The market, which will resolve on September 5, 2026 at 6pm EDT, asks users to predict the price of Bitcoin (BTC) at that time. According to the terms and conditions, the final price used to determine the outcome will be the average of sixty Real Time Index (RTI) prices collected at the last minute before expiration.
The market offers users a chance to win $1 for every contract they own if their prediction is correct. Users can also choose to close their position before the event resolves, but additional fees apply. The trading hours for this market are 24 hours a day, except on Thursdays between 3am and 5am ET.
The prediction market has sparked interest among traders, with $79,800 or above being the most likely price point according to Robinhood's data. However, users can still place bets on other price points, including $79,900 or above, which carries a higher probability of 31 cents, and $80,000 or above, which has a 5 cent probability.