Robinhood's Bitcoin Price Prediction Market Sets Sights on Aug 24, 2026
Robinhood's prediction market is offering a unique bet on Bitcoin's price at a specific time in the future. The contract, which resolves on August 24, 2026 at 2am EDT, asks whether the price of BTC will be above certain thresholds. For those who predict that the price will be $77,000 or above, they have a 60% chance of winning. Those who bet that the price will be $77,100 or above have a 48% chance.
The contract is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices at the last minute before expiration and uses their average as the official value. The payout for each correct prediction varies from 60¢ to 20¢, depending on the threshold. Those who own contracts that are correct will receive $1 per contract.
The trading hours for this market are 24/7, except for Thursday mornings between 3am and 5am ET. Robinhood Derivatives offers various options for participants, including closing their positions before the event resolves or holding until the payout is made.