v3.25.4
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$)

 

December 31,

2025

  

December 31,

2024

 
Level 1          

Investment in platinum

  $2,864,352   $1,019,466 
Changes in ounces of platinum and their respective values for the years ended December 31, 2025 and 2024 are set out below:

Changes in ounces of platinum and their respective values for the years ended December 31, 2025 and 2024 are set out below:

 

  

Year Ended December 31,

 2025

  

Year Ended December 31,

 2024

 
(Amounts in 000’s of US$, except for ounces data)        
Ounces of platinum        
Opening balance   1,115,390.0    997,955.2 
Creations   618,810.6    233,660.1 
Redemptions   (314,237.6)   (110,040.7)
Transfers of platinum to pay expenses   (6,864.0)   (6,184.6)
Closing balance   1,413,099.0    1,115,390.0 
           

Investment in platinum

          
Opening balance  $1,019,466   $997,955 
Creations   913,597    221,982 
Redemptions   (411,206)   (105,797)
Realized gain / (loss) on platinum distributed for the redemption of Shares   94,144    (85)
Transfers of platinum to pay expenses   (8,324)   (5,958)
Realized gain / (loss) on platinum transferred to pay expenses   1,447    5 
Change in unrealized (loss) / gain on investment in platinum   1,255,228    (88,636)
Closing balance  $2,864,352   $1,019,466