Until recently, digital assets had been dismissed as a speculative niche, however now, they are rapidly becoming a core component of institutional portfolios. The 2025 approval of spot Bitcoin ETFs in the U.S. and the SEC’s recent move to streamline generic listing standards for crypto ETFs signal a new era where digital assets are here to stay and being integrated into the traditional investment infrastructure. 

Indexes are an often overlooked but vital aspect of this evolution. Without reliable, transparent rules-based, scalable benchmarks, the growth of exchange-traded products, structured products and institutional mandates would stall. As demand for digital asset benchmark and index data accelerates, Rimes has the know-how to deliver what its clients need. 

 

Regulatory clarity and new tailored index solution expansion 

The SEC’s proposed rules to fast-track approvals for spot digital asset ETFs have taken months of uncertainty out of product development cycles. ETF issuers now need index and benchmark partners who can quickly deliver the high-integrity data needed to keep pace with this growth. 

  • Institutional capital flows

With major asset managers and pension funds allocating funds to digital assets, benchmarks that meet institutional standards for governance, methodology and auditability are required 

  • Thematic and custom indexes

Investors no longer want “just Bitcoin” and are looking for thematic exposures: smart contract platforms, DeFi tokens, stablecoins or sustainability-screened crypto baskets. These all require bespoke index methodologies. 

  • Data integrity and trust

The value of trust in data cannot be overstated. Digital asset markets are fragmented across dozens of exchanges, each with unique pricing, liquidity and risk characteristics. This creates challenges for data normalization and adjusting for forks, airdrops or sudden exchange outages.  

 

Digital asset index challenges

Traditional index providers whose expertise lies in equities and bonds face challenges in adapting their methodologies for digital assets: 

  • Speed: crypto products are being launched in weeks compared to more traditional new indexes that can take months to design and approve
  • Complexity: specialized workflows are needed to handle forks, token upgrades and chain events
  • Coverage: many incumbents cover only the top assets, leaving gaps in emerging sectors where clients increasingly want exposure

 

Why Rimes?

Rimes’ strategic advantage

Rimes’ deep benchmark and index data management experience is readily transferable to the digital asset class. Its decades long experience of client-focused solutions for the world’s largest asset managers and service providers means Rimes is uniquely positioned to deliver the digital asset data needed in this exciting new growth area.

  • Managed data services: Rimes operates as an extension of client teams, taking on the burden of validation, normalization and delivery
  • Modern data architecture: with its Data Lakehouse platform, Rimes can manage structured and unstructured data at scale, perfectly suited for the fast-moving, multi-exchange world of digital assets
  • Proven integrations: partnerships with major platforms such as Lukka and Bloomberg Index Services Limited (BISL), illustrate Rimes’ ability to deeply integrate into institutional workflows
  • Live digital asset data: Rimes already has a proven track record in servicing clients with integrated digital asset index data today 

 

Future considerations

  • How will benchmark providers ensure transparency in methodologies for new digital asset indexes?
  • Will multi-asset crypto indexes become the norm for ETFs and derivatives?
  • How can index providers build resilience against market disruptions such as exchange failures or chain splits?

 

Conclusion

The demand for digital asset benchmarks is exponential. ETF issuers, asset managers and institutional investors need trusted partners who can deliver data with speed, integrity and the governance demanded. 

With its proven expertise, cutting-edge technology and real-time client support, Rimes is uniquely positioned to meet these requirements. Rimes is shaping the future of financial benchmarks and is fully equipped to meet the fast-paced evolutionary demands of the industry. 

Follow Rimes so that you don’t miss the next blog in the series to learn how Rimes delivers digital asset index services and, why operational excellence is the difference between success and failure. 

Patrick Walsh

Patrick Walsh, Head of Foundational Data

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