v3.26.1
Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
EXPENSES        
Sponsor’s Fee $ 5,608 $ 1,901 $ 12,071 $ 3,631
Less: Waiver (1,870) (633) (4,024) (1,210)
Total expenses 3,738 1,268 8,047 2,421
Net investment loss (3,738) (1,268) (8,047) (2,421)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on silver transferred to pay expenses 2,054 309 4,484 547
Realized gain on silver distributed for the redemption of Shares 139,483 744,295 29,040
Change in unrealized (loss) / gain on investment in silver (1,084,421) 101,007 (1,575,497) 320,017
Total (loss)/gain on investment in silver (942,884) 101,316 (826,718) 349,604
Change in net assets from operations $ (946,622) $ 100,048 $ (834,765) $ 347,183
Net increase / (decrease) in net assets per Share $ (13.10) $ 1.88 $ (11.20) $ 6.68
Weighted average number of Shares 72,247,253 53,274,725 74,507,735 51,965,746