Robinhood's Crypto Prediction Market Sets Sights on August 2026 Bitcoin Price
Rights holders in the Crypto Prediction Market on Robinhood are looking to forecast the price of Bitcoin (BTC) for August 22, 2026 at 1am EDT. The market offers a range of possible prices for BTC, with three distinct bands. For one band, the predicted price is between $78,200 and $78,299.9916¢. Another band predicts a price of between $78,100 and $78,199.9915¢, while the third band has a broader range of $78,300 to $78,399.9915¢.
The contracts are settled using CF Benchmarks' Real Time Index (RTI), which takes an average of 60 RTI prices collected at the last minute before expiration. The actual price used for settlement will be based on this average. Those who correctly predict the price will receive $1 for every contract owned.
The terms and conditions of the contracts outline restrictions on trading, including prohibitions for those employed by certain agencies or holding material non-public information on Bitcoin. It's essential to carefully consider whether futures and options trading are suitable given individual financial circumstances.