XML 35 R21.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Significant Accounting Policies (Details Narrative) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Accounting Policies [Abstract] |  |  |  |
Percentage of silver held by sub-custodians |  | 0.00% |  |
Silver receivable |  | $ 0 | $ 5,749,366 |
Silver payable |  | $ 0 | 0 |
Minimum block of shares issued redeemed against silver |  | 50,000 |  |
Reserve for uncertain tax positions |  | $ 0 | $ 0 |
Annualized rate of Sponsor's Fee before waiver |  | 0.45% |  |
Expense Ratio | [1] | 0.30% | 0.30% | 0.30%
Maximum sponsor fee for legal expenses |  | $ 100,000 |  |
Sponsor's Fee |  | 3,247,514 | $ 3,061,148 | $ 2,968,351
Fees payable to Sponsor |  | 271,244 | 280,384 |
Sponsor fees waived |  | 1,623,757 | 1,530,574 | $ 1,484,000
All other expenses |  | $ 0 | $ 0 |
[1] | The expense ratio is calculated net of the voluntary waiver (refer to Note 2.7). The Gross Expense Ratio is 0.45%.

X
- Definition Annualized rate of sponsors fee. + References No definition available. + Details
Name: | sivr_AnnualizedRateOfSponsorsFee
Namespace Prefix: | sivr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents annualized rate of sponsor's fee before waiver. + References No definition available. + Details
Name: | sivr_AnnualizedRateOfSponsorsFeeBeforeWaiver
Namespace Prefix: | sivr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of bullion payable at market value as of the reporting date. + References No definition available. + Details
Name: | sivr_BullionPayableAtMarketValue
Namespace Prefix: | sivr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of bullion receivable at market value as of the reporting date. + References No definition available. + Details
Name: | sivr_BullionReceivableAtMarketValue
Namespace Prefix: | sivr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Maximum sponsor fee for legal expenses. + References No definition available. + Details
Name: | sivr_MaximumSponsorFeeForLegalExpenses
Namespace Prefix: | sivr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Minimum block of shares issued redeemed against bullion. + References No definition available. + Details
Name: | sivr_MinimumBlockOfSharesIssuedRedeemedAgainstBullion
Namespace Prefix: | sivr_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of asset being held by trust. + References No definition available. + Details
Name: | sivr_PercentageOfAssetBeingHeldByTrust
Namespace Prefix: | sivr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of sponsor fees waived. + References No definition available. + Details
Name: | sivr_SponsorFeesWaived
Namespace Prefix: | sivr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_AccountsPayableCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount recognized for uncertainty in income taxes classified as noncurrent. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.24) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(7)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_OtherCostAndExpenseOperating
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_SponsorFees
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration