VTOP.SW at CHF 7.80 pre-market on 03 Jan 2026: top-loser pressure, watch CHF 5.80 support
The VanEck Crypto Leaders ETN VTOP.SW trades at CHF 7.803 in pre-market trading on SIX on 03 Jan 2026, marking a difficult run after recent multi‑period declines. VTOP.SW stock has fallen 17.49% over one month and is down 13.06% year-to-date, making it one of the larger short-term losers in the crypto ETN space. Volume is elevated at 1,440 shares versus an average of 183, signalling outsized interest. This note covers price action, key technical levels, Meyka AI grade and a model-based forecast to help traders evaluate risk and opportunity.
Market snapshot and hard facts
VTOP.SW (VanEck Crypto Leaders ETN) is trading at CHF 7.803 on the SIX exchange in Switzerland with a market cap of CHF 44,113,051.00 and 5,653,345 shares outstanding. Intraday range is CHF 7.803 to CHF 7.803 and volume is 1,440 versus an average volume of 183, giving a relative volume of 7.87. The 50-day average price is CHF 8.59643 and the 200-day average price is CHF 9.00226.
Why VTOP.SW appears on our top losers list
Short-term performance drives the top-loser classification: VTOP.SW is down 17.49% over one month and down 11.75% over three months, while year-to-date performance is -13.06%. The year low sits at CHF 5.803 and year high at CHF 13.3733, underlining high volatility. Sector context: Financial Services on the Swiss market has been modestly negative YTD (-0.52%), which has not helped sentiment for crypto-focused asset managers and ETNs.
Technical picture and key levels
Momentum indicators point to short-term weakness: RSI is 37.30, MACD is -0.40 with a -0.44 signal line, and ADX is 29.99 suggesting a strong trend. Bollinger Bands show upper at CHF 8.72, middle at CHF 8.08 and lower at CHF 7.43. Immediate support is the year low at CHF 5.803 and near-term resistance is CHF 8.72. Average True Range (ATR) is CHF 0.22, highlighting elevated intraday swings.
Fundamentals, structure and liquidity
VTOP.SW is an exchange traded note that tracks the MVIS CryptoCompare Crypto Leaders VWAP Close Index and does not report EPS or P/E ratios, so traditional equity multiples are N/A. Market cap is CHF 44,113,051.00 and the instrument is fully collateralised as an ETN, which limits counterparty risk but leaves product-level risks tied to underlying crypto asset liquidity and index composition.
Meyka grade and model forecast
Meyka AI rates VTOP.SW with a score of 62 out of 100: C+ (HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly CHF 8.44, quarterly CHF 11.28 and yearly CHF 11.096374252984026. Against the current price of CHF 7.803, the yearly projection implies an upside of about 42.22%. Forecasts are model-based projections and not guarantees.
Risks, catalysts and what to watch
Primary risks include crypto-market volatility, index reweighting and low liquidity on SIX for this ETN which can widen spreads. Near-term catalysts that could drive a rebound are improved Bitcoin and large-cap crypto performance or positive regulatory clarity for ETFs/ETNs. Watch volume spikes above 5,000 and any moves that push RSI above 50 as signs of a technical reversal.
Final Thoughts
VTOP.SW (VanEck Crypto Leaders ETN) is trading at CHF 7.803 in pre-market on 03 Jan 2026 after a stretch of negative returns that place it among short-term top losers in the crypto ETN segment. Technical indicators show momentum on the downside (RSI 37.30, MACD -0.40) while liquidity on SIX is thin relative to larger ETF issues, with average volume 183 and current volume 1,440. Meyka AI rates VTOP.SW 62/100 (C+, HOLD), noting that the grade incorporates sector trends, volatility and limited fundamental data for ETNs. Meyka AI’s forecast model projects a yearly price of CHF 11.096374252984026, implying approximately 42.22% upside from the current price of CHF 7.803; this projection is model-based and not a guarantee. Traders should balance the potential upside against a clear downside floor at the year low of CHF 5.803 and monitor sector moves and on-chain crypto momentum. These grades and forecasts are not guaranteed and we are not financial advisors. For fast trade checks and live order-book moves see market pages and the issuer’s disclosures for product specifics.
FAQs
VTOP.SW shows pronounced short-term weakness: -17.49% over one month and -13.06% YTD, combined with thin average volume (183) and wide intraday swings, which places it among pre-market top losers in the crypto ETN segment.
Immediate resistance sits near Bollinger upper band at CHF 8.72 and the 50-day average at CHF 8.59643. Key support is the year low at CHF 5.803; a break below that level raises downside risk.
Use the Meyka AI grade (62/100, C+ HOLD) and the model forecast as one input among many. The yearly forecast CHF 11.096374252984026 implies ~42.22% upside from CHF 7.803, but forecasts are model-based projections and not guarantees.
No. VTOP.SW does not report EPS or a dividend yield; classic equity ratios like P/E and P/B are N/A for this ETN structure, so valuation must focus on underlying index performance and NAV dynamics.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
