v3.22.2.2
Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
EXPENSES      
Sponsor’s Fee $ 4,452,000 $ 2,681,000 $ 1,631,000
Less: Waiver (1,484,000) (893,655) (543,652)
Total expenses 2,968,000 1,787,000 1,087,000
Net investment loss (2,968,000) (1,787,000) (1,087,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain / (loss) on silver transferred to pay expenses 593,000 174,000 (150,000)
Realized gain / (loss) on silver distributed for the redemption of Shares 14,272,000 4,746,000 (2,249,000)
Change in unrealized gain / (loss) on investment in silver (155,164,000) 258,079,000 59,907,000
Total gain / (loss) on investment in silver (140,299,000) 262,999,000 57,508,000
Change in net assets from operations $ (143,267,000) $ 261,212,000 $ 56,421,000
Net increase / (decrease) in net assets per Share $ (3.50) $ 8.93 $ 2.45
Weighted average number of Shares 40,903,425 29,257,514 22,988,630