Robinhood's BTC Price Prediction Contract Set for August 31, 2026
The price of Bitcoin on August 31, 2026 at 7am EDT will be determined by a contract offered by Robinhood Derivatives, LLC. The contract will use CF Benchmarks' corresponding Real Time Index (RTI) to calculate the price. At the last minute before expiration, 60 RTI prices are collected and the official and final value is the average of these prices.
The contract pays out $1 for every contract owned if the prediction is correct or allows traders to close their positions before the event resolves. However, additional fees apply. Trading on this contract is restricted to those who do not hold material non-public information on Bitcoin.