Robinhood's Bitcoin Price Prediction Market Sets August 15 Target
The price of Bitcoin on August 15, 2026 at 8pm EDT is set to be determined by a prediction market offered by Robinhood. According to the contract terms, the price used will be based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 prices in real-time before expiration and determines the official value as their average.
The market allows users to predict whether the price of Bitcoin will reach or exceed specific targets. The payout for correct predictions ranges from 1¢ for a target of $63,300 or above to 93¢ for a target of $63,000 or above.
According to the contract terms, persons employed by certain agencies or holding material non-public information on Bitcoin are not permitted to trade on the contract. The market also warns that futures and options trading involves significant risk and may not be suitable for everyone.