Robinhood Unveils BTC Price Prediction Market for September 2026
Rights holders on Robinhood can now place bets on Bitcoin's price at a specific point in time. The cryptocurrency will be valued against CF Benchmarks' Real Time Index (RTI) at 8pm EDT on September 6, 2026.
The contract, offered by Robinhood Derivatives, involves collecting the average of sixty RTI prices for the final determination. Participants can win up to $1 per contract if their prediction is correct, or close their position before the event resolves.
It's worth noting that trading on this contract may not be suitable for everyone due to its associated risks and complexity.