XML 27 R16.htm IDEA: XBRL DOCUMENT v3.25.1

Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Accounting Policies [Abstract]

The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

(Amounts in 000’s of US$)		March 31, 2025				December 31, 2024
Level 1
Investment in platinum		$	1,065,149			$	1,019,466

Changes in ounces of platinum and their respective values for the three months ended March 31, 2025 and 2024 are set out below:

Changes in ounces of platinum and their respective values for the three months ended March 31, 2025 and 2024 are set out below:

		Three Months Ended March 31, 2025				Three Months Ended March 31, 2024
(Amounts in 000’s of US$, except for ounces data)
Ounces of platinum
Opening balance			1,115,390.0				997,955.2
Creations			22,821.1				55,122.1
Redemptions			(63,929.4	)			(36,741.1	)
Transfers of platinum to pay expenses			(1,624.4	)			(1,508.3	)
Closing balance			1,072,657.3				1,014,827.9
Investment in platinum
Opening balance		$	1,019,466			$	997,955
Creations			22,392				49,532
Redemptions			(61,576	)			(33,692	)
Realized gain (loss) on platinum distributed for the redemption of Shares			6				(1,718	)
Transfers of platinum to pay expenses			(1,537	)			(1,420	)
Realized gain (loss) on platinum transferred to pay expenses			(28	)			(35	)
Change in unrealized (loss) on investment in platinum			86,426				(90,173	)
Closing balance		$	1,065,149			$	920,449

X

- References

No definition available.

+ Details

Name:	pplt_InvestmentsInBullionTableTextBlock
Namespace Prefix:	pplt_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
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

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration