v3.21.2
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Expenses        
Sponsor's fees $ 18,940,519 $ 8,953,394 $ 38,227,150 $ 16,630,343
Total expenses 18,940,519 8,953,394 38,227,150 16,630,343
Net investment loss (18,940,519) (8,953,394) (38,227,150) (16,630,343)
Net Realized and Unrealized Gain (Loss)        
Silver bullion sold to pay expenses 3,984,434 (583,239) 9,193,761 (508,599)
Silver bullion distributed for the redemption of Shares 249,015,993 (10,559,630) 1,137,565,238 (20,204,979)
Net realized gain (loss) 253,000,427 (11,142,869) 1,146,758,999 (20,713,578)
Net change in unrealized appreciation/depreciation 756,594,817 1,686,694,147 (1,703,184,716) 263,482,483
Net realized and unrealized gain (loss) 1,009,595,244 1,675,551,278 (556,425,717) 242,768,905
Net increase (decrease) in net assets resulting from operations $ 990,654,725 $ 1,666,597,884 $ (594,652,867) $ 226,138,562
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 1.61 $ 3.51 $ (0.95) $ 0.52
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.