Robinhood's Crypto Prediction Market Bets on Bitcoin Price
Rainmaker Robinhood is offering a new contract on its Crypto Prediction Market. The question: what will the price of BTC be at 11pm EDT on September 8, 2026? According to the terms of the contract, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). The final value is determined by averaging 60 RTI prices collected at the last minute before expiration.
The payout for correct predictions varies. If you predict that BTC will be $78,600 or above, you get 99¢ per contract. However, if your prediction is $78,700 or above, you receive 92¢. And finally, if your prediction is $78,800 or above, you earn just 5¢.
The contract resolves in real-time, and payouts are usually within an hour of event resolution. The terms and conditions of the contract prohibit certain individuals from participating, including those employed by Source Agencies and persons holding material non-public information on BTC.