Robinhood's Crypto Prediction Market Sees BTC Price Target Set at $62,800
The crypto prediction market on Robinhood has a new contract up for August 7, 2026. The question is what will be the price of Bitcoin at 11pm EDT that day? According to the contract terms, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). The official and final value will be the average of 60 RTI prices collected at the last minute before expiration.
The contract offers two possible outcomes: either the price of Bitcoin will be $62,800 or above, or it won't. If a trader's prediction is correct, they can earn $1 for every contract they own. However, if someone holds material, non-public information on Bitcoin, they are not permitted to trade on this contract.
Futures and options trading involves significant risk and may not be suitable for everyone. The event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.