VTOP.SW VanEck Crypto Leaders ETN down 12.31% Jan 08 2026: watch CHF8.34

VTOP.SW stock closed the Swiss SIX session on 08 Jan 2026 at CHF 8.34, marking a -12.31% one-day move as traders reacted to fresh crypto-market pressure. This VanEck Crypto Leaders ETN (VTOP.SW) decline outpaced the Financial Services sector swing and pushed volume to 2,022 shares versus a 50-day average of 196. The drop left the ETN nearer its 50-day average CHF 8.44 and well below its 200-day average CHF 9.02, increasing short-term volatility for investors tracking large-cap crypto exposure. We review the drivers, technicals, Meyka AI grade and our forecast to help investors assess the outlook.