Robinhood's $79,700 BTC Price Prediction Market Kicks Off
The financial market is abuzz with excitement as Robinhood Derivatives, LLC offers a unique opportunity for traders to predict the price of Bitcoin on September 5, 2026 at 8pm EDT.
The contract, based on CF Benchmarks' Real Time Index (RTI), will determine the outcome by averaging the prices collected in the last minute before expiration. This means that if the prediction is correct, traders can earn $1 for every contract they own.
The trading hours are 24/7, except for Thursday from 3am to 5am ET, and the payout will be made within one hour of event resolution. However, it's essential to note that additional fees apply, and participants must adhere to strict rules regarding trading prohibitions, including restrictions on those employed by Source Agencies or holding material non-public information.