Robinhood's BTC Price Prediction Market Sets Stage for Crypto Traders
Riding on the wave of prediction markets, Robinhood has introduced a unique contract for crypto enthusiasts to predict the price of Bitcoin (BTC) on September 2, 2026 at 9am EDT. The contracts are offered through either KalshiEX LLC, ForecastEX, LLC or Rothera Exchange and Clearing LLC.
The predicted price range is between $76,500 and $77,099.99, with the possibility of exceeding this upper limit to $76,900 or $77,000. The contracts are based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in real-time before expiration.
Winners will receive $1 for every contract they own if their prediction is correct. However, additional fees apply. It's essential to note that trading prohibitions exist for individuals employed by Source Agencies or those holding material non-public information on the underlying asset.