VTOP.SW VanEck Crypto Leaders ETN (SIX) -6.41% after hours 25 Feb 2026: oversold

VTOP.SW stock fell 6.41% in after-hours trade on 25 Feb 2026, closing at CHF5.23, marking it among the top losers on SIX for the session. The VanEck Crypto Leaders ETN (SIX) traded 159 shares versus an average of 172, showing thin flows exacerbating the decline. Short-term technicals drove selling after the note failed to hold the 50-day average. We examine why the ETN led losses, how technical and sector context explain the move, and what the Meyka AI forecast implies for price recovery.

Price action and why VTOP.SW stock fell

The immediate trigger was a -6.41% after-hours move to CHF5.23, with intraday range CHF5.16–CHF5.23 and previous close CHF5.59. Trading volume was 159 versus an average 172, so lower liquidity amplified the fall. Market participants cited a sell-off in large-cap crypto assets and rebalancing in crypto funds that pressure basket ETNs.

VTOP.SW stock has slid -37.30% YTD and -40.24% over 12 months, reflecting broad cryptocurrency weakness. The note’s year high is CHF13.37 and year low CHF5.16, highlighting a wide trading range and past volatility that explains steep intraday moves.

Technical indicators and short-term outlook for VTOP.SW stock

Technicals show a clear short-term bearish bias: RSI 24.36 (oversold), MACD -0.63 with signal -0.62, and ADX 42.42 pointing to a strong trend. Bollinger Bands sit Upper 7.88, Middle 6.15, Lower 4.41, placing current price below the middle band and near lower band support.

Immediate support rests at the intraday low CHF5.16 and the year low CHF5.16. Near-term resistance aligns with the 50-day average CHF7.31 and the Bollinger middle CHF6.15. A reclaim of CHF6.15–CHF7.31 would be the first technical sign of stabilization.

Meyka AI rates VTOP.SW with a score out of 100 and what it means

Meyka AI rates VTOP.SW with a score out of 100: 63.76 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade signals mixed attributes: attractive long-term forecast offset by weak short-term momentum and low liquidity.

Note: these grades are model outputs and not investment advice. They summarise relative risk versus the Financial Services sector and the cryptocurrency asset-management industry.

Fundamentals, structure and sector context for VTOP.SW stock

VTOP.SW is an ETN that tracks the MVIS CryptoCompare Crypto Leaders VWAP Close Index and is classified in Financial Services, industry Asset Management – Cryptocurrency. As an ETN it shows no EPS and PE not applicable, so valuation relies on NAV and underlying digital-asset prices rather than traditional ratios.

Market cap stands at CHF39,747,883.00, shares outstanding 7,601,431.00, 50-day average price CHF7.31, and 200-day average price CHF9.02. The broader Financial Services sector in Switzerland is down -8.88% YTD, so VTOP.SW’s underperformance adds sector-level pressure.

Trading liquidity, volatility and risks impacting VTOP.SW stock

Liquidity remains thin: daily volume 159 versus average 172, relative volume 0.92, increasing the risk of large gaps on revaluation of crypto weights. Volatility indicators show ATR 0.18 and ROC -22.17%, reflecting sharp recent moves.

Key risks: cryptocurrency price shocks, regulatory announcements in EU/Switzerland, and concentrated index weights. As an ETN, redemption mechanics and collateral management also add counterparty and structural risk compared with spot ETFs.

Analyst view, price targets and VTOP.SW forecast

Meyka AI’s forecast model projects monthly CHF2.72, quarterly CHF7.32, and yearly CHF12.15 for VTOP.SW. Versus the current CHF5.23, the yearly projection implies ~132.36% upside, while the monthly read suggests downside risk in the very near term.

Practical targets: short-term traders may use a stop near CHF5.00, recovery resistance CHF6.15–CHF7.31, and a longer-term price target around CHF12.15 per the model. Forecasts are model-based projections and not guarantees.

Final Thoughts

VTOP.SW stock’s after-hours drop to CHF5.23 on 25 Feb 2026 is a classic liquidity-driven move inside a volatile crypto-linked ETN. Short-term technicals are oversold—RSI 24.36 and ADX 42.42—but fundamentals are driven by the underlying crypto basket rather than income metrics. Meyka AI’s forecast model projects a yearly target near CHF12.15, implying ~132.36% upside from today’s price, while the monthly projection near CHF2.72 flags near-term downside risk. The Meyka AI grade (score 63.76, Grade B, HOLD) balances long-run upside against short-run momentum and low liquidity. Active traders should watch CHF5.16 support and CHF6.15–CHF7.31 resistance; buy-and-hold investors must accept crypto beta and structural ETN risks. Meyka AI, our AI-powered market analysis platform, provides these model-based projections and grades to help frame decisions—but forecasts are projections, not guarantees.

FAQs

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.