Robinhood Launches Bitcoin Price Prediction Market for July 2026

The cryptocurrency market is abuzz with interest in Bitcoin's potential future price. A prediction market on Robinhood, launched on an unspecified date (no specific details provided), allows users to wager on the value of BTC on July 8, 2026 at 5pm EDT. The contract uses CF Benchmarks' Real Time Index (RTI) prices to determine its outcome.

The prices used are collected from 60 RTI sources in the last minute before expiration and averaged to find the final value. Users who correctly predict the price will receive $1 for every contract they own, with additional fees applying. Those holding material non-public information on Bitcoin or employed by certain agencies are prohibited from trading.

Users can trade 24 hours a day except for Thursday mornings between 3AM and 5AM ET when the market is closed for maintenance. Event contracts are offered through KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.