Robinhood's Bitcoin Price Bet Contract for October 1, 2026
Ryan Cohen is not named in this source, but Robinhood Derivatives, LLC offers a contract to bet on Bitcoin's price at 1am EDT on October 1, 2026. The contract uses CF Benchmarks' Real Time Index (RTI) prices collected over the last minute before expiration. If the final value is above $73,700, those who own contracts will get $1 for each one.
There are multiple price thresholds with payouts: $82,700 or above, $82,800 or above, and $83,000 or above. The actual price used to determine the outcome will be the average of 60 RTI prices collected in real-time.
The contract resolution usually takes place within an hour after the event. Additional fees apply for trading on this market. Trading prohibitions are in place for certain individuals who have material, non-public information about Bitcoin or those employed by specific agencies.