Bitcoin Price Bets Ride on September 28th Derivatives Deadline

Roger, a trader, is eyeing Bitcoin's price on September 28, 2026 at 9am EDT. He knows that if it reaches $82,100 or above, he'll get his prediction right and earn some cash. But if the price dips below $85,700, he risks losing money.

Roger is using Robinhood's derivatives to place his bet. The platform collects 60 Real Time Index (RTI) prices from CF Benchmarks at the last minute before expiration. The final value is then calculated as the average of these prices.

The outcome will determine whether Roger gets paid out or not. If he owns contracts and predicts correctly, he'll get $1 for each one. But if his prediction fails, he might incur additional fees.