Updated
Updated · robinhood.com · Jul 20
Bitcoin Event Contracts Imply $64,100 Price at 51¢ for July 20 3 a.m. EDT
Updated
Updated · robinhood.com · Jul 20

Bitcoin Event Contracts Imply $64,100 Price at 51¢ for July 20 3 a.m. EDT

2 articles · Updated · robinhood.com · Jul 20

Summary

  • $64,100-or-above Bitcoin contracts traded at 51 cents ahead of the July 20, 2026, 3 a.m. EDT resolution, with $64,000-or-above at 76 cents and $64,200-or-above at 26 cents.
  • CF Benchmarks' Real Time Index determines the outcome: 60 readings from the last minute before expiration are averaged to set the final Bitcoin price for settlement.
  • Winning contracts pay $1, and traders can also exit positions before resolution; the market runs 24 hours a day except for a Thursday 3 a.m.-5 a.m. ET pause.
  • The listing sits alongside other crypto event markets on Robinhood Derivatives, including contracts on Dogecoin, XRP and whether Bitcoin will reach $150,000.

Insights

Are Robinhood's popular prediction markets a financial innovation or just a federally regulated form of high-stakes gambling?
With the IRS silent, how should millions of traders report their winnings and losses from these new event contracts?
Will the Supreme Court ultimately decide if these markets are finance or if they are state-controlled gambling?