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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 Fee $ 1,165,000 $ 500,000 $ 2,187,000 $ 925,000
Less: Waiver (388,287) (166,707) (728,943) (308,449)
Total expenses 777,000 333,000 1,458,000 617,000
Net investment loss (777,000) (333,000) (1,458,000) (617,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on silver transferred to pay expenses 173,000 (43,000) 357,000 (46,000)
Realized gain / (loss) on silver distributed for the redemption of Shares 1,261,000 (124,000) 14,272,000 (235,000)
Change in unrealized gain / (loss) on investment in silver 60,588,000 103,126,000 (44,632,000) 10,055,000
Total gain/(loss) on investment in silver 62,022,000 102,959,000 (30,003,000) 9,774,000
Change in net assets from operations $ 61,245,000 $ 102,626,000 $ (31,461,000) $ 9,157,000
Net increase / (decrease) in net assets per Share $ 1.52 $ 3.72 $ (0.81) $ 0.36
Weighted average number of Shares 40,222,527 27,586,264 38,687,017 25,631,593