Robinhood's Bitcoin Price Prediction Market Sets Sights on August 2026

The price of Bitcoin (BTC) on August 21, 2026 at 9pm EDT is the focus of a prediction market offered by Robinhood. The market allows users to predict whether the price will be above or below certain thresholds. For example, users can bet that the price will be $77,700 or above, with a payout of 78 cents if correct. Alternatively, they can close their position before the event resolves, which is usually within one hour of event resolution.

The contract uses CF Benchmarks' Real Time Index (RTI) to determine the final value. At the last minute before expiration, 60 RTI prices are collected and averaged to produce the official and final price. Users who own contracts that match their prediction will receive a payout. Trading is available 24 hours a day, except for Thursday mornings between 3am and 5am ET.

Futures and options trading involve significant risk and may not be suitable for everyone. Robinhood Derivatives, LLC offers the contract through various platforms, including KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.