Significant Accounting Policies (Details Narrative) - USD ($) |
12 Months Ended | ||||
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Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Accounting Policies [Abstract] | |||||
Percentage of silver held by sub-custodians | 97.01% | ||||
Silver receivable | $ 0 | $ 0 | |||
Silver payable | $ 0 | 0 | |||
Minimum block of shares issued redeemed against silver | 50,000 | ||||
Reserve for uncertain tax positions | $ 0 | $ 0 | |||
Annualized rate of Sponsor's Fee before waiver | 0.45% | ||||
Expense Ratio | [1] | 0.30% | 0.30% | 0.30% | |
Maximum sponsor fee for legal expenses | $ 100,000 | ||||
Sponsor's Fee | 2,968,351 | $ 1,787,310 | $ 1,087,303 | ||
Fees payable to Sponsor | 252,819 | 219,813 | |||
Sponsor fees waived | 1,484,000 | 893,655 | $ 543,652 | ||
All other expenses | $ 0 | $ 0 | |||
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X | ||||||||||
- Definition Annualized rate of sponsors fee. No definition available.
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X | ||||||||||
- Definition Represents annualized rate of sponsor's fee before waiver. No definition available.
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X | ||||||||||
- Definition Amount of bullion payable at market value as of the reporting date. No definition available.
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X | ||||||||||
- Definition Amount of bullion receivable at market value as of the reporting date. No definition available.
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X | ||||||||||
- Definition Maximum sponsor fee for legal expenses. No definition available.
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X | ||||||||||
- Definition The minimum block of shares that can be created or redeemed against bullion deposits or distributions. No definition available.
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X | ||||||||||
- Definition Percentage of asset being held by trust. No definition available.
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X | ||||||||||
- Definition Amount of sponsor fees waived. No definition available.
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X | ||||||||||
- References No definition available.
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- Definition Amount for accounts payable to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Amount recognized for uncertainty in income taxes classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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