Robinhood is adding a Bitcoin prediction market inside its app. Instead of buying Bitcoin, or buying a Bitcoin ETF, users can now bet on a specific price outcome by a set time.

One example: where Bitcoin will be at 5 p.m. Eastern on July 17, 2026. These contracts trade from $0.01 to $0.99. If your pick is right, the contract pays its full value. If you’re wrong, it expires at zero.

So this is not a way to own Bitcoin over time. It’s a short-term bet on where the price lands by a deadline.

That stands apart from spot Bitcoin ETFs, which brought in about $79.15 million in net inflows on July 16, with buying led by funds from BlackRock and Fidelity.

So right now, retail investors are being offered two very different ways to make a Bitcoin call: they can buy into a fund that tracks the asset, or they can make a yes-or-no wager on a single price result at a specific time.