Robinhood Users Can Bet on Bitcoin Price at Specific Future Date
The cryptocurrency market has been abuzz with predictions and trading opportunities, but one specific event stands out: the Bitcoin price prediction market on Robinhood. According to a recent post on the platform, users can place bets on the BTC price at a specific time in the future.
On August 26, 2026, at 7am EDT, users can predict whether the price of Bitcoin will be above certain thresholds. For instance, if the prediction is that the price will be $78,600 or above, those who own contracts will receive 88¢ for each contract.
The market uses the CF Benchmarks' Real Time Index (RTI) to determine the final value, which is calculated as the average of 60 RTI prices collected at the last minute before expiration. Users can trade on this prediction market 24 hours a day, except for Thursdays between 3am and 5am ET.
Robinhood Derivatives, LLC is offering this event contract through various exchanges, including KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC. While trading involves significant risk, users can still place bets on the outcome of the Bitcoin price at a specific point in time.