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

A new prediction market from Robinhood is asking users to forecast the price of Bitcoin on August 23, 2026 at 9pm EDT. The market offers different payout tiers for predictions ranging from $77,300 to $77,600. If a user's prediction falls within these ranges, they can earn up to $1 per contract owned.

The price used to determine the outcome of the contract is based on CF Benchmarks' corresponding Real Time Index (RTI). The official and final value is the average of 60 RTI prices collected at the last minute before expiration. Users have the option to close their positions before the event resolves, but should be aware that additional fees may apply.

Robinhood Derivatives, LLC offers this market through various platforms, including KalshiEX LLC and ForecastEX, LLC. However, persons employed by certain agencies or holding material non-public information on Bitcoin are prohibited from trading on the contract.