Robinhood's Crypto Prediction Market Aims to Price Bitcoin on August 2, 2026
Rohanhood's Crypto Prediction Market has set its sights on August 2, 2026, when it will determine the outcome of a contract related to the price of Bitcoin (BTC) at 8am EDT. The contract is based on CF Benchmarks' corresponding Real Time Index (RTI), and its resolution will be determined by collecting 60 RTI prices at the last minute before expiration.
The official and final value will be the average of these prices, which will then determine the outcome of the contract. If the prediction is correct, participants who own a contract will receive $1 for every contract they hold. Alternatively, they can close their position before the event resolves, but additional fees apply.
It's worth noting that the market involves significant risk and may not be suitable for everyone. The full contract terms and conditions are available for review.