Robinhood's BTC Price Prediction Contract Goes Live
The cryptocurrency market is abuzz with activity as traders eagerly await the outcome of a prediction contract set to resolve on August 2, 2026. The contract in question, offered by Robinhood Derivatives, LLC, asks participants to predict the price of Bitcoin (BTC) at 6pm EDT on that date.
According to the terms of the contract, the price used to determine its outcome is based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected and averaged to produce the official and final value.
For participants who correctly predict the price, a payout of $1 for every contract owned will be issued. Those who wish to close their positions can do so before the event resolves, but should note that additional fees apply.