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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Expenses      
Sponsor's fees $ 95,546,277 $ 63,272,642 $ 53,561,823
Total expenses 95,546,277 63,272,642 53,561,823
Net investment loss (95,546,277) (63,272,642) (53,561,823)
Net Realized and Unrealized Gain (Loss)      
Litigation proceeds [2] 17,333 [1] 138,783 [3] 0
Silver bullion sold to pay expenses 23,564,605 10,181,575 3,873,057
Silver bullion distributed for the redemption of Shares 3,625,989,545 1,216,849,453 282,624,263
Net realized gain 3,649,571,483 1,227,169,811 286,497,320
Net change in unrealized appreciation/depreciation 17,752,896,409 1,001,643,726 (361,918,369)
Net realized and unrealized gain (loss) 21,402,467,892 2,228,813,537 (75,421,049)
Net increase (decrease) in net assets resulting from operations $ 21,306,921,615 $ 2,165,540,895 $ (128,982,872)
Net increase (decrease) in net assets per Share (in dollars per share) [4] $ 40.9 $ 4.42 $ (0.26)
[1] Includes a payment received from a class action settlement related to silver of $17,333.
[2] Represents a payment received from a class action settlement related to silver.
[3] Includes a payment received from a class action settlement related to silver of $138,783.
[4] Net increase (decrease) in net assets per Share based on average shares outstanding during the year.