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Schedules of Investments (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Investment [Table Text Block]

December 31, 2025

 
  

Description

 

Ounces

  

Cost

  

Fair Value

 

Silver bullion

  528,691,365  $18,528,712,929  $38,060,491,397 
             

Total Investments — 100.04%

          38,060,491,397 

Liabilities in Excess of Other Assets — (0.04)%

          (14,200,889)

Net Assets — 100.00%

         $38,046,290,508 

December 31, 2024

 
             

Description

 

Ounces

  

Cost

  

Fair Value

 

Silver bullion

  463,837,932  $11,628,353,352  $13,407,235,411 
             

Total Investments — 100.04%

          13,407,235,411 

Liabilities in Excess of Other Assets — (0.04)%

          (5,976,407)

Net Assets — 100.00%

         $13,401,259,004