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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
EXPENSES      
Sponsor’s Fee $ 6,556,049 $ 8,241,060 $ 5,187,040
Total expenses 6,556,000 8,241,000 5,187,000
Net investment loss (6,556,000) (8,241,000) (5,187,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized (loss) / gain on platinum transferred to pay expenses (88,000) 1,049,000 (522,000)
Realized (loss) / gain on platinum distributed for the redemption of Shares (6,458,000) 18,560,000 (13,309,000)
Change in unrealized gain / (loss) on investment in platinum 76,535,000 (156,178,000) 193,935,000
Change in unrealized (loss) on unsettled creations or redemptions 30,000 (30,000)
Total gain / (loss) on investment in platinum 70,019,000 (136,599,000) 180,104,000
Change in net assets from operations $ 63,463,000 $ (144,840,000) $ 174,917,000
Net increase / (decrease) in net assets per Share $ 5.19 $ (10.77) $ 16.96
Weighted average number of Shares 12,223,973 13,446,986 10,311,475