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Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
EXPENSES    
Sponsor’s Fee $ 1,730,000 $ 1,176,000
Less: Waiver (576,521) (392,187)
Total expenses 1,153,000 784,000
Net investment loss (1,153,000) (784,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on silver transferred to pay expenses 239,000 49,000
Realized gain on silver distributed for the redemption of Shares 29,040,000 561,000
Change in unrealized gain on investment in silver 219,010,000 32,638,000
Total gain on investment in silver 248,289,000 33,248,000
Change in net assets from operations $ 247,136,000 $ 32,464,000
Net increase / (decrease) in net assets per Share $ 4.88 $ 0.69
Weighted average number of Shares 50,642,222 46,817,033