<SEC-DOCUMENT>0001999371-24-010150.txt : 20240814
<SEC-HEADER>0001999371-24-010150.hdr.sgml : 20240814
<ACCEPTANCE-DATETIME>20240814161250
ACCESSION NUMBER:		0001999371-24-010150
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240814
DATE AS OF CHANGE:		20240814

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			abrdn Palladium ETF Trust
		CENTRAL INDEX KEY:			0001459862
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		ORGANIZATION NAME:           	09 Crypto Assets
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-272037
		FILM NUMBER:		241207883

	BUSINESS ADDRESS:	
		STREET 1:		C/O ABRDN
		STREET 2:		1900 MARKET STREET, SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		215-405-5700

	MAIL ADDRESS:	
		STREET 1:		C/O ABRDN
		STREET 2:		1900 MARKET STREET, SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Aberdeen Standard Palladium ETF Trust
		DATE OF NAME CHANGE:	20181001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ETFS PALLADIUM TRUST
		DATE OF NAME CHANGE:	20090326
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>pall-424b3_081424.htm
<DESCRIPTION>SUPPLEMENT DATED AUGUST 14, 2024
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Filed pursuant to Rule 424(b)(3)<BR>
Registration Statement No. 333-272037</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>abrdn Palladium ETF Trust<BR>
</B>(the &ldquo;Trust&rdquo;)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Supplement dated August 14, 2024 to the Prospectus
dated September 27, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>This Supplement dated August 14, 2024 amends
and supplements the prospectus for the Trust dated September 27, 2023, as supplemented to date (the &ldquo;Prospectus&rdquo;), and should
be read in conjunction with, and must be delivered with, the Prospectus. </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Termination of JPMorgan Chase Bank N.A. as
Custodian</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Effective August 8, 2024, JPMorgan Chase Bank
N.A. (&ldquo;JPMorgan&rdquo; or the &ldquo;Former Custodian&rdquo;) no longer serves as a custodian of the Trust&rsquo;s palladium.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the notice of termination of the allocated
and unallocated account agreements with the Former Custodian (the &ldquo;Former Custody Agreements&rdquo;) delivered to the Former Custodian,
the termination became effective on August 8, 2024, which was the date on which all palladium held in the allocated and unallocated accounts
governed by the Former Custody Agreements had transferred to the allocated and unallocated accounts governed by the allocated and unallocated
account agreements with ICBC Standard Bank Plc (the &ldquo;New Custodian&rdquo;). Accordingly, custody of all of the Trust&rsquo;s palladium
is now pursuant to the allocated and unallocated account agreements with the New Custodian.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">References throughout the Prospectus to the Custodian
(and related accounts or agreements with the Custodian) and its role are hereby amended to refer only to the New Custodian. Effective
immediately, information with respect to the Former Custodian is hereby removed from the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">*****</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Prospectus remains unchanged in all other
respects. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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