--- title: "Robinhood says bitcoin, gold and oil prediction markets are its fastest-growing products" description: "At the NEXTPredict conference in New York, Robinhood's JB Mackenzie, VP and GM for futures and prediction markets, said price volatility contracts tied to bitcoin, crude oil and gold are its fastest-growing prediction market products, with crypto contracts settling in as little as 15 minutes,…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-robinhood-sees-surge-bitcoin-gold-0f4d8232a016e1" published: 2026-10-23T14:01:44.000Z updated: 2026-10-24T14:02:02.000Z indexable: true --- # Robinhood says bitcoin, gold and oil prediction markets are its fastest-growing products At the NEXTPredict conference in New York, Robinhood's JB Mackenzie, VP and GM for futures and prediction markets, said price volatility contracts tied to bitcoin, crude oil and gold are its fastest-growing prediction market products, with crypto contracts settling in as little as 15 minutes,… Attributed sources: [CoinDesk]() ## Key facts At the NEXTPredict conference in New York, Robinhood's JB Mackenzie, VP and GM for futures and prediction markets, said price volatility contracts tied to bitcoin, crude oil and gold are its fastest-growing prediction market products, with crypto contracts settling in as little as 15 minutes, CoinDesk reported. Mackenzie said the firm has 11 businesses generating more than $100 million in annual revenue each. Evidence strength: Single source, 1 publisher group(s) (CoinDesk); this describes source coverage, not truth or causation. After site detection, observed returns were 5 minutes: -0.15% (23/10/2026, 14:01 → 23/10/2026, 14:07, UTC; Gate · USDT); 1 hour: -0.53% (23/10/2026, 14:01 → 23/10/2026, 15:03, UTC; Gate · USDT); 24 hours: -1.60% (23/10/2026, 14:01 → 24/10/2026, 14:01, UTC; Gate · USDT). Unlisted windows are unavailable. In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.02% (OKX · USDT; cutoff 23/10/2026, 14:01, UTC). This hourly baseline is not directly comparable with a minute move. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.15% | -0.15% | 0.00 pp | 23/10/2026, 14:01 → 23/10/2026, 14:07 | Gate · USDT | | 1 hour | -0.53% | -0.53% | 0.00 pp | 23/10/2026, 14:01 → 23/10/2026, 15:03 | Gate · USDT | | 24 hours | -1.60% | -1.60% | 0.00 pp | 23/10/2026, 14:01 → 24/10/2026, 14:01 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Ready | true | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.02% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / 23/10/2026, 14:01 | ## Claims and open questions - Robinhood's JB Mackenzie said price volatility contracts such as bitcoin, crude oil and gold are now starting to dominate the marketplace and are the fastest growing products, per CoinDesk. - Mackenzie said crypto contracts have shortened from a week to a day and now to 15 minutes, and compared 15-minute crypto contracts to zero-day options in terms of rapid-loss risk, CoinDesk reported. - Mackenzie said Robinhood has 11 businesses generating more than $100 million in annual revenue each, and that prediction markets could be its fastest-growing segment, per CoinDesk. - How much revenue Robinhood's bitcoin and other financial prediction markets generate, and how large they are relative to its sports contracts, would be clarified by the company's next earnings report or a formal disclosure. - Whether the 15-minute crypto contracts described are offered only through the Kalshi partnership or also under Robinhood's own licenses would need confirmation from Robinhood or Kalshi. ## Source evidence - [Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports]() — CoinDesk; published 23/10/2026, 13:58; received 23/10/2026, 14:01 (UTC). ## Recent BTC events and market reactions - [Bitcoin briefly slips below $80,000 as crypto longs lose $404 million in four hours]() — Published 24/10/2026, 17:44 (UTC) · Single source (1 publisher) · General news · 5m +0.09% / 1h +0.25% - [Xapo CEO says wealthy bitcoin holders are turning to loans and yield]() — Published 24/10/2026, 14:00 (UTC) · Single source (1 publisher) · General news · 5m +0.00% / 1h -0.78% / 24h -0.46% - [Block launches first mass-consumer Bitcoin ad campaign, "Bitcoin Does"]() — Published 23/10/2026, 13:21 (UTC) · Single source (1 publisher) · Project updates · 5m -0.12% / 1h -0.55% / 24h -1.30% - [US spot bitcoin ETFs log $635.6 million daily outflow]() — Published 23/10/2026, 07:09 (UTC) · Multiple publishers (4 publishers) · Market watch · 5m -0.02% / 1h +0.13% / 24h -1.13% - [Bitcoin Core changes security policy for AI-discoverable bugs]() — Published 23/10/2026, 04:34 (UTC) · Multiple publishers (4 publishers) · General news · 5m -0.02% / 1h +0.15% / 24h -0.98% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() [Methods and limitations]() Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.