XML 23 R6.htm IDEA: XBRL DOCUMENT v3.25.4
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities      
Proceeds from silver bullion sold to pay expenses $ 87,321,795 $ 61,784,640 $ 53,707,373
Expenses – Sponsor’s fees paid (87,321,795) (61,784,640) (53,707,373)
Net cash provided by operating activities 0 0 0
Increase (decrease) in cash 0 0 0
Cash, beginning of year 0 0 0
Cash, end of year 0 0 0
Reconciliation of Net Increase (Decrease) in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities      
Net increase (decrease) in net assets resulting from operations 21,306,921,615 2,165,540,895 (128,982,872)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Proceeds from silver bullion sold to pay expenses 87,321,795 61,784,640 53,707,373
Litigation proceeds [2] (17,333) [1] (138,783) [3] 0
Net realized (gain) loss (3,649,554,150) (1,227,031,028) (286,497,320)
Net change in unrealized appreciation/depreciation (17,752,896,409) (1,001,643,726) 361,918,369
Change in operating assets and liabilities:      
Sponsor’s fees payable 8,224,482 1,488,002 (145,550)
Net cash provided by (used in) operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Silver bullion contributed for Shares issued 15,615,761,735 7,621,670,899 3,580,116,083
Silver bullion distributed for Shares redeemed $ (12,277,651,846) $ (6,775,130,565) $ (4,222,040,407)
[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.