Bitcoin Contract Uses 60 RTI Prices to Set Jul. 19 2 p.m. Value
Updated
Updated · robinhood.com · Jul 19
Bitcoin Contract Uses 60 RTI Prices to Set Jul. 19 2 p.m. Value
2 articles · Updated · robinhood.com · Jul 19
Summary
CF Benchmarks' Real Time Index will determine the Jul. 19 Bitcoin event contract by averaging 60 readings taken during the final minute before the 2 p.m. EDT expiration.
Robinhood's market showed contracts around 87 cents for $64,400 or above, 67 cents for $64,500 or above, and 45 cents for $64,600 or above, with Bitcoin indicated near $64,500.
The contract trades nearly around the clock except for a Thursday 3 a.m. to 5 a.m. ET pause, and winning positions typically pay out within 1 hour of resolution.
The listing also bars source-agency employees and anyone with material non-public information from trading, underscoring the compliance rules around crypto event contracts.