Robinhood's Bitcoin Price Prediction Market Sets August 6 Target

The price of Bitcoin on August 6, 2026 at 3pm EDT is set to be determined by a prediction market hosted by Robinhood. The contract resolves based on the average of 60 Real Time Index (RTI) prices collected from CF Benchmarks' corresponding RTI. If the price reaches or surpasses $64,300, holders who predicted this outcome will receive $1 for every contract they own.

The payout is usually within one hour of event resolution. The official and final value is calculated based on these collected prices. Those participating in the market can close their positions before the event resolves, but additional fees apply.