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Statements of Assets and Liabilities (Unaudited) - USD ($)

Sep. 30, 2020

Dec. 31, 2019

Assets

Investment in silver bullion, at fair value

^[1]

$ 13,027,789,385

$ 6,543,418,555

Total Assets

13,027,789,385

6,543,418,555

Liabilities

Sponsor’s fees payable

5,945,383

2,659,990

Total Liabilities

5,945,383

2,659,990

Commitments and contingent liabilities (Note 6)

Net Assets

$ 13,021,844,002

$ 6,540,758,565

Shares issued and outstanding (in shares)

^[2]

589,850,000

388,100,000

Net asset value per Share (Note 2C) (in dollars per share)

$ 22.08

$ 16.85

[1]	Cost of investment in silver bullion: $9,925,280,862 and $6,294,157,046, respectively.
[2]	No par value, unlimited amount authorized.

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