Robinhood's BTC Price Prediction Market Seeks to Pin Down Future Value

The prediction market on Robinhood is offering contracts that predict the price of Bitcoin (BTC) at a specific time in the future. The contract specifies that the outcome will be determined by CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices from the last minute before expiration to calculate an average value.

The contract resolution is set for August 26, 2026, at 6pm EDT, and the predicted price range includes three possible values: $78,700 to 78,799.9991¢, $79,900 to 79,999.999¢, and $79,000 to 79,099.993¢.

Those who correctly predict the price will receive a payout of $1 for every contract they own, while those who close their position before the event resolves can do so without incurring additional fees.

However, there are certain restrictions and eligibility requirements that apply to this contract, including prohibitions on trading for individuals employed by specific agencies or holding material non-public information about Bitcoin.