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Statements of Assets and Liabilities (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Assets    
Investment in silver bullion, at fair value [1] $ 23,222,607,159 $ 13,407,235,411
Receivable for investments sold 62,865,416 0
Total Assets 23,285,472,575 13,407,235,411
Liabilities    
Sponsor’s fees payable 8,506,995 5,976,407
Payable for capital shares redeemed 62,865,409 0
Total Liabilities 71,372,404 5,976,407
Commitments and contingent liabilities (Note 6)
Net Assets $ 23,214,100,171 $ 13,401,259,004
Shares issued and outstanding (in shares) [2] 553,900,000 508,950,000
Net asset value per Share (Note 2C) (in dollars per share) $ 41.91 $ 26.33
[1] Cost of investment in silver bullion: $15,058,637,016 and $11,628,353,352, respectively.
[2] No par value, unlimited amount authorized.