<SEC-DOCUMENT>0001493152-25-011791.txt : 20250811
<SEC-HEADER>0001493152-25-011791.hdr.sgml : 20250811
<ACCEPTANCE-DATETIME>20250811060942
ACCESSION NUMBER:		0001493152-25-011791
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		43
CONFORMED PERIOD OF REPORT:	20250630
FILED AS OF DATE:		20250811
DATE AS OF CHANGE:		20250811

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GraniteShares Platinum Trust
		CENTRAL INDEX KEY:			0001690842
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				000000000
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38349
		FILM NUMBER:		251200014

	BUSINESS ADDRESS:	
		STREET 1:		222 BROADWAY
		STREET 2:		21ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10038
		BUSINESS PHONE:		9173380565

	MAIL ADDRESS:	
		STREET 1:		222 BROADWAY
		STREET 2:		21ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10038
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>form10-k.htm
<DESCRIPTION>10-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns:us-roles="http://fasb.org/us-roles/2025" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:ecd="http://xbrl.sec.gov/ecd/2025" xmlns:country="http://xbrl.sec.gov/country/2025" xmlns:srt="http://fasb.org/srt/2025" xmlns:PLTM="http://graniteshares.com/20250630">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html"/>
</head>
<!-- Field: Set; Name: xdx; ID: xdx_020_US%2DGAAP%2D2025%2D(with%2DECD) -->
<!-- Field: Set; Name: xdx; ID: xdx_035_PLTM_graniteshares.com_20250630 -->
<!-- Field: Set; Name: xdx; ID: xdx_044_20240701_20250630 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_05A_edei%2D%2DDocumentFiscalPeriodFocus_FY -->
<!-- Field: Set; Name: xdx; ID: xdx_052_edei%2D%2DNoTradingSymbolFlag_true -->
<!-- Field: Set; Name: xdx; ID: xdx_05F_edei%2D%2DEntityCentralIndexKey_0001690842 -->
<!-- Field: Set; Name: xdx; ID: xdx_076_XDX_form10%2Dk.xdx -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06A_oz_0_utr%2D%2Doz -->
<!-- Field: Set; Name: xdx; ID: xdx_069_Pure_4_xbrli%2D%2Dpure -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000003" name="dei:AmendmentFlag">false</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000004" name="dei:DocumentFiscalPeriodFocus">FY</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000005" name="dei:NoTradingSymbolFlag">true</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000006" name="dei:EntityCentralIndexKey">0001690842</ix:nonNumeric>
  <ix:nonFraction name="us-gaap:OtherReceivables" contextRef="AsOf2024-06-30" id="xdx2ixbrl0056" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="xdx2ixbrl0097" name="us-gaap:CommonStockSharesAuthorizedUnlimited">Unlimited</ix:nonNumeric>
  <ix:nonNumeric contextRef="From2023-07-012024-06-30" id="xdx2ixbrl0099" name="us-gaap:CommonStockSharesAuthorizedUnlimited">Unlimited</ix:nonNumeric>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember" id="xdx2ixbrl0324" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember" id="xdx2ixbrl0326" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member" id="xdx2ixbrl0330" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member" id="xdx2ixbrl0332" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember" id="xdx2ixbrl0336" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember" id="xdx2ixbrl0338" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member" id="xdx2ixbrl0342" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member" id="xdx2ixbrl0344" unitRef="USD" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationDepreciation" contextRef="From2024-07-01to2025-06-30" id="xdx2ixbrl0408" unitRef="oz" xs:nil="true"></ix:nonFraction>
  <ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationDepreciation" contextRef="From2023-07-012024-06-30" id="xdx2ixbrl0428" unitRef="oz" xs:nil="true"></ix:nonFraction>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="pltm-20250630.xsd" xlink:type="simple"/>
  </ix:references>
 <ix:resources>
    <xbrli:context id="From2024-07-01to2025-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2024-07-01</xbrli:startDate>
        <xbrli:endDate>2025-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-08-08">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-08-08</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_RelatedPartyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_RelatedPartyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2023-07-012024-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-07-01</xbrli:startDate>
        <xbrli:endDate>2024-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:StatementScenarioAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:StatementScenarioAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2022-07-012023-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2022-07-01</xbrli:startDate>
        <xbrli:endDate>2023-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2023-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2023-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2022-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2022-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2024-07-012025-06-30_custom_SponsorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2024-07-01</xbrli:startDate>
        <xbrli:endDate>2025-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2023-07-012024-06-30_custom_SponsorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2023-07-01</xbrli:startDate>
        <xbrli:endDate>2024-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2022-07-012023-06-30_custom_SponsorMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2022-07-01</xbrli:startDate>
        <xbrli:endDate>2023-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2025-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2024-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2024-07-012025-06-30_srt_MaximumMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:RangeAxis">srt:MaximumMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2024-07-01</xbrli:startDate>
        <xbrli:endDate>2025-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2024-07-012025-06-30_us-gaap_RelatedPartyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001690842</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2024-07-01</xbrli:startDate>
        <xbrli:endDate>2025-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="oz">
      <xbrli:measure>utr:oz</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Pure">
      <xbrli:measure>xbrli:pure</xbrli:measure>
    </xbrli:unit>
  <ix:relationship fromRefs="Fact000052" toRefs="Footnote000086"/>
  <ix:relationship fromRefs="Fact000053" toRefs="Footnote000086"/>
  <ix:relationship fromRefs="Fact000076" toRefs="Footnote000091"/>
  <ix:relationship fromRefs="Fact000078" toRefs="Footnote000091"/>
  <ix:relationship fromRefs="Fact000080" toRefs="Footnote000091"/>
  <ix:relationship fromRefs="Fact000082" toRefs="Footnote000091"/>
  <ix:relationship fromRefs="Fact000265" toRefs="Footnote000308"/>
  <ix:relationship fromRefs="Fact000266" toRefs="Footnote000308"/>
  <ix:relationship fromRefs="Fact000267" toRefs="Footnote000308"/>
  </ix:resources>
 </ix:header>
</div>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

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

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 4pt solid; font-size: 1pt; border-bottom: Black 1pt solid">&#160;</div></div><!-- Field: /Rule-Page -->

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>UNITED
STATES</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>SECURITIES
AND EXCHANGE COMMISSION</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt"><b>Washington,
D.C. 20549</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b>Form
<span id="xdx_902_edei--DocumentType_c20240701__20250630_zXQQdq64ChM4"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000013" name="dei:DocumentType">10-K</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Mark
One)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_edei--DocumentAnnualReport_c20240701__20250630_z952h0D7OLGl"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleantrue" id="Fact000014" name="dei:DocumentAnnualReport">&#9746;</ix:nonNumeric></span>
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the fiscal year ended <span id="xdx_90A_edei--DocumentPeriodEndDate_c20240701__20250630_zIQVGEiZDgWa"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:datemonthdayyearen" id="Fact000015" name="dei:DocumentPeriodEndDate"><span id="xdx_901_edei--CurrentFiscalYearEndDate_c20240701__20250630_zMGIyQvfiXVk"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:datemonthdayen" id="Fact000016" name="dei:CurrentFiscalYearEndDate">June 30</ix:nonNumeric></span>, <span id="xdx_90E_edei--DocumentFiscalYearFocus_c20240701__20250630_zxPUxW07icri"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000017" name="dei:DocumentFiscalYearFocus">2025</ix:nonNumeric></span></ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">or</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_edei--DocumentTransitionReport_c20240701__20250630_zthjxDdUSqjg"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleanfalse" id="Fact000018" name="dei:DocumentTransitionReport">&#9744;</ix:nonNumeric></span>
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Commission
file number: </i><span id="xdx_903_edei--EntityFileNumber_c20240701__20250630_zHfMRexXfhFi"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000019" name="dei:EntityFileNumber">001-38349</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 18pt"><b><span id="xdx_908_edei--EntityRegistrantName_c20240701__20250630_zgEfnn0x3Ho6"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000020" name="dei:EntityRegistrantName">GRANITESHARES
PLATINUM TRUST</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Exact
name of registrant as specified in its charter)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_909_edei--EntityIncorporationStateCountryCode_c20240701__20250630_zfHZl30BU3ic"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt-sec:stateprovnameen" id="Fact000021" name="dei:EntityIncorporationStateCountryCode">New
    York</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_edei--EntityTaxIdentificationNumber_c20240701__20250630_z2HsVPDASOd4"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000022" name="dei:EntityTaxIdentificationNumber">82-6644954</ix:nonNumeric></span></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State
    or other jurisdiction of</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(I.R.S.
    Employer</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">incorporation
    or organization)</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Identification
    No.)</span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; width: 49%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_edei--EntityAddressAddressLine1_c20240701__20250630_zUc94uPVZnzh"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000023" name="dei:EntityAddressAddressLine1">c/o
    GRANITESHARES LLC</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center; width: 49%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_907_edei--EntityAddressAddressLine2_c20240701__20250630_z0BLkOPwbfZi"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000024" name="dei:EntityAddressAddressLine2">222
                                            Broadway &#8211; 21<sup>st</sup> floor</ix:nonNumeric></span></span></p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_edei--EntityAddressCityOrTown_c20240701__20250630_zvnBVKHQKCa4"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000025" name="dei:EntityAddressCityOrTown">New
    York</ix:nonNumeric></span>, <span id="xdx_903_edei--EntityAddressStateOrProvince_c20240701__20250630_zrqvWayXyVe6"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000026" name="dei:EntityAddressStateOrProvince">NY</ix:nonNumeric></span></span></p></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_edei--EntityAddressPostalZipCode_c20240701__20250630_zEGxJk68XxE4"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000027" name="dei:EntityAddressPostalZipCode">10038</ix:nonNumeric></span></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
    of principal executive offices)</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip
    Code)</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registrant&#8217;s
telephone number, including area code:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(<span id="xdx_90B_edei--CityAreaCode_c20240701__20250630_zGWQHeaJUeN8"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000028" name="dei:CityAreaCode">646</ix:nonNumeric></span>)
<span id="xdx_90E_edei--LocalPhoneNumber_c20240701__20250630_zAXC8puV5Eag"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000029" name="dei:LocalPhoneNumber">876 5096</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Securities
registered pursuant to Section 12(b) of the Act:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title
    of each class</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 2%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name
    of each exchange on which registered</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_901_edei--Security12bTitle_c20240701__20250630_zPsYdlYJKDNg"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000030" name="dei:Security12bTitle">GraniteShares
    Platinum Shares</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_901_edei--SecurityExchangeName_c20240701__20250630_zZlF1ZVAeKhi"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt-sec:exchnameen" id="Fact000031" name="dei:SecurityExchangeName">NYSE
    Arca</ix:nonNumeric></span></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Securities
registered pursuant to Section 12(g) of the Act: None</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes &#9744; <span id="xdx_90C_edei--EntityWellKnownSeasonedIssuer_c20240701__20250630_zXuHiW485ng3"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000032" name="dei:EntityWellKnownSeasonedIssuer">No</ix:nonNumeric></span> &#9746;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes &#9744; <span id="xdx_900_edei--EntityVoluntaryFilers_c20240701__20250630_z6IGkgcB8ZJj"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000033" name="dei:EntityVoluntaryFilers">No</ix:nonNumeric></span> &#9746;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90F_edei--EntityCurrentReportingStatus_c20240701__20250630_z1l75VW1gY5d"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000034" name="dei:EntityCurrentReportingStatus">Yes</ix:nonNumeric></span>
&#9746; No &#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data
File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_904_edei--EntityInteractiveDataCurrent_c20240701__20250630_zldg1DHLtR83"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000035" name="dei:EntityInteractiveDataCurrent">Yes</ix:nonNumeric></span>
&#9746; No &#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant&#8217;s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. &#9746;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company or emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221;, &#8220;smaller
reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 40%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large
    accelerated filer</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 40%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated
    filer</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_edei--EntityFilerCategory_c20240701__20250630_zDjJoZtdjpk7"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt-sec:entityfilercategoryen" id="Fact000036" name="dei:EntityFilerCategory">Non
    accelerated filer</ix:nonNumeric></span></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller
    reporting company</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_902_edei--EntitySmallBusiness_c20240701__20250630_zllnvlfpEM1"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleantrue" id="Fact000037" name="dei:EntitySmallBusiness">&#9746;</ix:nonNumeric></span></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
    growth company</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_903_edei--EntityEmergingGrowthCompany_c20240701__20250630_zTJtavgF7Ta"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleanfalse" id="Fact000038" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes &#9744; <span>No</span> <span id="xdx_90F_edei--EntityShellCompany_dbF_c20240701__20250630_zxln3flyJwh8"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleanfalse" id="Fact000039" name="dei:EntityShellCompany">&#9746;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If securities are registered pursuant to Section
12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction
of an error to previously issued financial statements.&#8239;<span id="xdx_90C_edei--DocumentFinStmtErrorCorrectionFlag_c20240701__20250630_zjuQ86vSmaW9"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleanfalse" id="Fact000040" name="dei:DocumentFinStmtErrorCorrectionFlag">&#9744;</ix:nonNumeric></span>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether any of those error
corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant&#8217;s
executive officers  during the relevant recovery period pursuant to &#167;240.10D-1(b).&#8239;&#9744;&#160;</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Aggregate
market value of the registrant&#8217;s Shares outstanding based upon the closing price of a Share on June 30, 2025 as reported by the
NYSE Arca, Inc. on that date: $<span id="xdx_90A_edei--EntityPublicFloat_iI_c20250630_zfcR27ObExaf"><ix:nonFraction name="dei:EntityPublicFloat" contextRef="AsOf2025-06-30" id="Fact000041" format="ixt:numdotdecimal" decimals="0" unitRef="USD">85,150,000</ix:nonFraction></span>.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
of August 08, 2025, GraniteShares Platinum Trust has <span id="xdx_90D_edei--EntityCommonStockSharesOutstanding_iI_c20250808_zvRWs4oHoxk8"><ix:nonFraction name="dei:EntityCommonStockSharesOutstanding" contextRef="AsOf2025-08-08" id="Fact000042" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">700,000</ix:nonFraction></span> GraniteShares
Platinum Shares outstanding.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">DOCUMENTS
INCORPORATED BY REFERENCE: None.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 1pt solid; font-size: 1pt; border-bottom: Black 4pt solid">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>FORWARD
LOOKING STATEMENTS</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Annual Report on Form 10-K contains various &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and within the Private Securities Litigation
Reform Act of 1995, as amended. Forward-looking statements usually include the words, &#8220;anticipates,&#8221; &#8220;believes,&#8221;
&#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;projects,&#8221; &#8220;understands&#8221;
and other words suggesting uncertainty. We remind readers that forward-looking statements are merely predictions and therefore inherently
subject to uncertainties and other factors and involve known and unknown risks that could cause the actual results, performance, levels
of activity, or our achievements, or industry results, to be materially different from any future results, performance, levels of activity,
or our achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. The Trust undertakes no obligation to publicly release any revisions
to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated
events.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additional
significant uncertainties and other factors affecting forward-looking statements are presented in the Risk Factors section herein.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">TABLE
OF CONTENTS</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_001">PART I</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 0.5in; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_002">Item 1. Business</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_003">Trust Objective</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_004">Overview of the platinum industry</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_005">Operation of the platinum market</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_006">Secondary Market Trading</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_007">Valuation of Platinum; Computation of Net Asset Value</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_008">Trust Expenses</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_009">Deposit of Platinum; Issuance of Baskets</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_010">Redemption of Baskets</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_011">Fees and Expenses of the Trustee</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_012">The Sponsor</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_014">The Trustee</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_016">The Custodian</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_017">Inspection of Platinum</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_018">Description of the Shares</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_020">Custody of the Trust&#8217;s Platinum</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_021">United States Federal Income Tax Consequences</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 20pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_022">ERISA and Related Considerations</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#a_023">Item 1A. Risk Factors</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_001">Item 1B. Unresolved Staff Comments</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_002">Item 2. Properties</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_003">Item 3. Legal Proceedings</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_004">Item 4. Mine Safety Disclosures</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_005">PART II</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_006">Item 5. Market for Registrant&#8217;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_007">Item 6. Selected Financial Data</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_008">Item 7. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">30</td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_009">Item 7A. Quantitative and Qualitative Disclosures about Market Risk</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_010">Item 8. Financial Statements and Supplementary Data (Unaudited)</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">33</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_011">Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_012">Item 9A. Controls and Procedures</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_013">Item 9B. Other Information</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_014">PART III</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_015">Item 10. Directors, Executive Officers and Corporate Governance</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_016">Item 11. Executive Compensation</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_017">Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_018">Item 13. Certain Relationships and Related Transactions, and Director Independence</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_019">Item 14. Principal Accounting Fees and Services</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_020">PART IV</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_021">Item 15. Exhibits, Financial Statement Schedules</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-left: 10pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#ann_022">Item 16. Form 10-K Summary</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><a href="#ann_023">Signatures</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">38</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 3 -->
    <div style="border-bottom: Black 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_001"></span>PART
I</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_002"></span>Item
1. Business</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
purpose of the GraniteShares Platinum Trust (the &#8220;Trust&#8221;) is to own platinum transferred to the Trust in exchange for shares
issued by the Trust (&#8220;Shares&#8221;). Each Share represents a fractional undivided beneficial interest in and ownership of the
Trust. The assets of the Trust consist solely of platinum bullion. The Trust was formed on January 11, 2018 when an initial deposit of
platinum was made in exchange for the issuance of two Baskets (a &#8220;Basket&#8221; consists of 50,000 Shares).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
sponsor of the Trust is GraniteShares LLC (the &#8220;Sponsor&#8221;). The trustee of the Trust is The Bank of New York Mellon (the &#8220;Trustee&#8221;)
and the custodian is ICBC Standard Bank Plc (the &#8220;Custodian&#8221;).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s Shares at redeemable value increased from $43,119,274, on June 30, 2024, to $$85,206,010, on June 30, 2025, the Trust&#8217;s fiscal
year end. The Outstanding Shares in the Trust increased from 4,400,000 Shares on June 30, 2024 to 6,550,000 Shares on June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is not managed like a corporation or an active investment vehicle. The Trust has no directors, officers or employees. It does not
engage in any activities designed to obtain a profit from or to improve the losses caused by changes in the price of platinum. The platinum
held by the Trust will only be delivered to pay the remuneration due to the Sponsor (the &#8220;Sponsor&#8217;s Fee&#8221;), distributed
to Authorized Participants (defined below) in connection with the redemption of Baskets or sold (1) on an as-needed basis to pay Trust
expenses not assumed by the Sponsor, (2) in the event the Trust terminates and liquidates its assets, or (3) as otherwise required by
law or regulation.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is not registered as an investment company under the Investment Company Act of 1940 and is not required to register under such
act. The Trust does not and will not hold or trade in commodities futures contracts, &#8220;commodity interests&#8221; or any other instruments
regulated by the Commodity Exchange Act (the &#8220;CEA&#8221;), as administered by the Commodity Futures Trading Commission (the &#8220;CFTC&#8221;).
The Trust is not a commodity pool for purposes of the CEA and the Shares are not &#8220;commodity interests&#8221;, and neither the Sponsor
nor the Trustee is subject to regulation as a commodity pool operator or a commodity trading advisor in connection with the Shares. The
Trust has no fixed termination date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor of the registrant maintains an Internet website at www.graniteshares.com, through which the registrant&#8217;s annual reports
on Form 10-K, quarterly reports on Form 10-Q, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934, as amended, or the Exchange Act, are made available free of charge as soon as reasonably practicable
after they have been filed or furnished to the Securities and Exchange Commission (the &#8220;SEC&#8221;). Additional information regarding
the Trust may also be found on the SEC&#8217;s EDGAR database at www.sec.gov.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_003"></span>Trust
Objective</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
objective of the Trust is for the value of the Shares to reflect, at any given time, the value of the assets owned by the Trust at that
time less the Trust&#8217;s accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective
means of making an investment similar to an investment in platinum. An investment in allocated physical platinum bullion requires expensive
and sometimes complicated arrangements in connection with the assay, transportation and warehousing of the metal. Traditionally, such
expense and complications have resulted in investments in physical platinum bullion being efficient only in amounts beyond the reach
of many investors. The Shares have been designed to remove the obstacles represented by the expense and complications involved in an
investment in physical platinum bullion, while at the same time having an intrinsic value that reflects, at any given time, the price
of the assets owned by the Trust at such time less the Trust expenses and liabilities. Although the Shares are not the exact equivalent
of an investment in platinum, they provide investors with an alternative that allows a level of participation in the platinum market
through the securities market.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 4; Options: NewSection -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advantages
of investing in the Shares include:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Minimal
credit risk.</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares represent an interest in physical platinum owned by the Trust (other than up to a maximum of 192 ounces of platinum held in unallocated
form) and held in physical custody at the Custodian. Physical platinum of the Trust in the Custodian&#8217;s possession is not subject
to borrowing arrangements with third parties. Other than the platinum temporarily being held in an unallocated platinum account of the
Trust in connection with deposits and an amount of platinum comprising less than 192 ounces which may be held in the unallocated platinum
account of the Trust on an ongoing basis, the net assets of the Trust will consist solely of the physical platinum, which is not subject
to counterparty or credit risks. This contrasts with most other financial products that gain exposure to precious metals through the
use of derivatives that are subject to counterparty and credit risks.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Backed
by platinum held by the Custodian on behalf of the Trust.</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
noted above, the Shares are backed primarily by allocated physical platinum bullion identified as the Trust&#8217;s property in the Custodian&#8217;s
books. The Trust arrangements contemplate that no Shares can be issued unless the corresponding amount of platinum has been deposited
into the Trust. Once deposited into the Trust, platinum is only removed from the Trust if (i) sold to pay Trust expenses (such as the
Sponsor&#8217;s Fee and any other expenses not assumed by the Sponsor) or liabilities to which the Trust may be subject, or (ii) transferred
from the Trust&#8217;s account to an Authorized Participant&#8217;s account in exchange for one or more Baskets of Shares surrendered
for redemption.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Ease
and flexibility of investment.</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Retail
investors may purchase and sell Shares through traditional brokerage accounts. Because the amount of platinum corresponding to a Share
is significantly less than the minimum amounts of physical platinum bullion that are commercially available for investment purposes,
the cash outlay necessary for an investment in Shares should be less than the amount required for currently existing means of investing
in physical platinum bullion. Shares are eligible for margin accounts.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Relatively
cost efficient.</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Although
the return, if any, of an investment in the Shares is subject to the additional expenses of the Trust, including the Sponsor&#8217;s
Fee, the Trustee&#8217;s Fee, the Custodian&#8217;s Fee, and to other costs and expenses not assumed by the Sponsor which would not be
incurred in the case of a direct investment in platinum, the Shares may represent a cost-efficient alternative for investors not otherwise
in a position to participate directly in the market for allocated physical platinum bullion, because the expenses involved in an investment
in allocated physical platinum bullion through the Shares are dispersed among all holders of Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_004"></span>Overview
of the platinum industry</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Introduction</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
section provides a brief introduction to the platinum industry by looking at some of the key participants and detailing the primary sources
of demand and supply.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Platinum
Group Metals</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
and palladium are the two best known metals of the six platinum group metals (PGMs). Platinum and palladium have the greatest economic
importance and are found in the largest quantities. The other four&#8212;iridium, rhodium, ruthenium and osmium&#8212;are produced only
as co-products of platinum and palladium.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Primary
sources of supply and demand</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Main
demand for platinum is mainly autocatalyst and jewelry. It is sourced through mining (74%) and recycling (26%).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 5 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>The
Mining and Producer Sector</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
group includes mining companies that specialize in PGM production. PGMs are found primarily in South Africa (65% of the total mine production)
and Russia (14% of the total mine production).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Autocatalyst</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Autocatalyst
is the main source of demand for platinum, with approximately 31% of the total demand, and is used primarily for diesel engines. Recycling
autocatalyst is also a significant source of supply, with 17% of the total supply.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Jewelry</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jewelry
is the second source of demand for platinum, representing approximately 23% of the total demand. Recycling jewelry accounts for approximately
8% of the total supply.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>World
Platinum Supply and Demand 2019&#8211;2024</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table sets forth a summary of the world platinum supply and demand for the last five years and is based on information reported
by the PGM 2024 Market Report prepared by Johnson Matthey.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">(000 ounces)</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2024</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Supply</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Mine Production</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 35%; text-align: left">South Africa</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 9%; text-align: right">3,243</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 9%; text-align: right">4,609</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 9%; text-align: right">3,966</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 9%; text-align: right">4,003</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 9%; text-align: right">4,112</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Russia</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">699</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">638</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">350</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">850</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">650</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">North America</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">334</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">279</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">280</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">288</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">267</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-bottom: 2.5pt">Others</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">687</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">687</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">645</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">669</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">694</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Total Mine Production</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,963</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">6,213</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">5,241</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">5,810</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">5,723</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Automotive</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,154</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,230</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,201</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,074</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,084</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 2.5pt">Jewelry and Electrical Recycling</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">547</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">415</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">321</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">274</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">288</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Total Supply</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">6,664</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,858</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">6,763</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,158</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">7,095</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Demand</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Automotive</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">2,024</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">2,410</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">2,743</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">3,353</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">3,410</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Jewelry</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,657</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,468</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,401</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,372</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,375</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Chemical</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">614</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">675</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">701</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">649</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">631</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Electronics</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">226</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">262</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">241</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">206</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">245</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Glass</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">518</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">786</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">875</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">782</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">446</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Investment</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,049</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(1</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(475</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">179</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">525</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Medical and biomedical</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">214</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">220</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">249</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">266</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">273</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Other</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">868</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">853</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">945</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">984</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right">964</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Demand</td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">7,170</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">6,673</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">6,680</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">7,791</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">7,869</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 1pt">Movement in Stocks</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(506</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,185</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">83</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(633</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(774</td><td style="padding-bottom: 1pt; font-weight: bold; text-align: left">)</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br/></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Source</b>:
Johnson Matthey, PGM Market Report 2024, published May 2025</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Historical
Chart of the Price of Platinum</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
price of platinum is volatile and its fluctuations are expected to have a direct impact on the value of the Shares. However, movements
in the price of platinum in the past, and any past or present trends, are not a reliable indicator of future movements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 6 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;<img src="form10-k_001.jpg" alt=""/></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Source</b>:
Bloomberg</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_005"></span>Operation
of the platinum market</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
global trade in platinum consists of over the counter (OTC) transactions in spot, forwards, and options and other derivatives, together
with exchange-traded futures and options.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Over-the-Counter
Market</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Most
trading in physical platinum is conducted on the OTC market, predominantly in Zurich and London. The LPPM coordinates various OTC market
activities, including clearing and vaulting, acts as the principal intermediary between physical platinum market participants and the
relevant regulators, promotes good trading practices and develops standard market documentation. In addition, the LPPM promotes refining
standards for the platinum market by maintaining the &#8220;London/Zurich Good Delivery List,&#8221; which are the lists of LPPM accredited
melters and assayers of platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
basis for settlement and delivery of a spot trade is payment (generally in U.S. dollars) two business days after the trade date against
delivery. Delivery of the platinum can either be by physical delivery or through the clearing systems to an unallocated account. The
unit of trade in London and Zurich is the troy ounce, whose conversion between grams is: 1,000 grams is equivalent to 32.1507465 troy
ounces, and one troy ounce is equivalent to 31.1034768 grams.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
good delivery platinum plate or ingot is acceptable for delivery in settlement of a transaction on the OTC market (a &#8220;Good Delivery
Platinum Plate or Ingot&#8221;). A Good Delivery Platinum Plate or Ingot must contain between 32 and 192 troy ounces of platinum with
a minimum fineness (or purity) of 999.5 parts per 1,000 (99.95%), be of good appearance, and be easy to handle and stack. A Good Delivery
Platinum Plate or Ingot must also bear the stamp of one of the melters and assayers who are on the LPPM approved list. Unless otherwise
specified, the platinum spot price always refers to the &#8220;Good Delivery Standards&#8221; set by the LPPM.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Market
Regulation</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
global platinum markets are overseen and regulated by both governmental and self-regulatory organizations. In addition, certain trade
associations have established rules and protocols for market practices and participants. In the United Kingdom, responsibility for the
regulation of the financial market participants, including the major participating members of the LPPM, falls under the authority of
the Financial Conduct Authority (FCA) as provided by the Financial Services and Markets Act 2000 (&#8220;FSM Act&#8221;). Under this
act, all UK-based banks, together with other investment firms, are subject to a range of requirements, including fitness and properness,
capital adequacy, liquidity, and systems and controls.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>


<!-- Field: Page; Sequence: 7 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
FCA is responsible for regulating investment products, including derivatives, and those who deal in investment products. Regulation of
spot, commercial forwards, and deposits of platinum not covered by the FSM Act is provided for by The London Code of Conduct for Non-Investment
Products, which was established by market participants in conjunction with the Bank of England.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Futures
Exchanges</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Futures
exchanges seek to provide a neutral, regulated marketplace for the trading of derivatives contracts for commodities, such as futures,
options and certain swaps. The terms of these contracts are defined by an exchange for each commodity. For each commodity traded, the
contract specifies the precise commodity quality and quantity standards, as well as the location and timing of physical delivery for
the reference physical commodity, although only a very small number of these contracts result in the actual commodity delivery.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An
exchange does not buy or sell those contracts, but seeks to offer a transparent forum where members, on their own behalf or on the behalf
of customers, can trade the contracts in a safe, efficient and orderly manner. The futures and options contracts, as well as some swaps,
are cleared through a derivative clearing organization which ensures more accurate valuation of positions in these contracts as well
as settlement of trades in these contracts.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
most significant platinum futures exchange in the U.S. is NYMEX, a subsidiary of the Chicago Mercantile Exchange Group (the &#8220;CME
Group&#8221;). Another commodity exchange includes the Tokyo Commodity Exchange (&#8220;TOCOM&#8221;).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Exchange
Regulation</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition to the public nature of the pricing, futures exchanges in the United States are regulated at two levels, internal and external
governmental supervision. The internal is performed through self-regulation by self-regulatory organizations and consists of regular
monitoring of the trading process to ensure that it is conducted in conformance with all exchange rules; the financial condition of all
exchange member firms to ensure that they continuously meet financial commitments; and the positions of commercial and noncommercial
customers to ensure that physical delivery and other commercial commitments can be met, and that pricing is not being improperly affected
by the size of any particular customer positions. External governmental oversight is performed by the CFTC, which reviews all the rules
and regulations of United States futures exchanges and monitors their enforcement. The CFTC oversees the operation of the U.S. commodity
futures markets, including the CME. One of the principal public policy objectives of the Commodity Exchange Act is to ensure the integrity
of the markets it oversees and the reliability of the prices of trades on those markets. The Commodity Exchange Act and CFTC require
futures exchanges to ensure compliance with core principles applicable to designated contract markets to have rules and procedures to
prevent market manipulation, abusive trade practice and fraud, and the CFTC conducts regular review of the markets&#8217; rule enforcement
programs. Other local regulators enforce their own regulations governing trading platforms and futures exchanges located in their jurisdictions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="a_006"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Secondary
Market Trading</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">While
the Trust seeks to reflect generally the performance of the price of platinum less the Trust&#8217;s expenses and liabilities, Shares
may trade at, above or below their NAV. The NAV of Shares will fluctuate with changes in the market value of the Trust&#8217;s assets.
The trading prices of Shares will fluctuate in accordance with changes in their NAV as well as market supply and demand. The amount of
the discount or premium in the trading price relative to the NAV may be influenced by non-concurrent trading hours between the major
platinum markets and the Exchange. While the Shares trade on the Exchange until 4:00 p.m. (New York time), liquidity in the market for
platinum may be reduced after the close of the major world platinum markets, including London, Zurich and NYMEX. As a result, during
this time, trading spreads, and the resulting premium or discount, on Shares may widen. However, given that Baskets of Shares can be
created and redeemed in exchange for the underlying amount of platinum, the Sponsor believes that the arbitrage opportunities may provide
a mechanism to mitigate the effect of such premium or discount.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>


<!-- Field: Page; Sequence: 8 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="a_007"></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Valuation
of Platinum; Computation of Net Asset Value</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
each business day, as soon as practicable after 4:00 p.m. (New York time), the Trustee evaluates the platinum held by the Trust and determines
the net asset value of the Trust and the NAV. For purposes of making these calculations, a business day means any day other than a day
when the Exchange is closed for regular trading.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee values the platinum held by the Trust using that day&#8217;s LBMA Platinum Price PM. LBMA Platinum Price PM is the price per
troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process starting after 2:00 p.m. (London
time), on each day that the London platinum market is open for business, and announced by the LME shortly thereafter.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
there is no LBMA Platinum Price PM on any day, the Trustee is authorized to use the LBMA Platinum Price AM announced on that day. If
neither price is available for that day, the Trustee will value the Trust&#8217;s platinum based on the most recently announced LBMA
Platinum Price PM or LBMA Platinum Price AM. If the Sponsor determines that such price is inappropriate to use, the Sponsor will identify
an alternate basis for evaluation to be employed by the Trustee. Further, the Sponsor may instruct the Trustee to use on an on-going
basis a different publicly available price which the Sponsor determines to fairly represent the commercial value of the Trust&#8217;s
platinum. Neither the Trustee nor the Sponsor are liable to any person for the determination that the most recently announced LBMA Platinum
Price PM (or other benchmark price) is not appropriate as a basis for evaluation of the platinum held or receivable by the Trust or for
any determination as to the alternative basis for evaluation, provided that such determination is made in good faith.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once
the value of the Trust&#8217;s platinum has been determined, the Trustee subtracts all accrued fees, expenses and other liabilities of
the Trust from the total value of the platinum and all other assets of the Trust. The resulting figure is the net asset value of the
Trust. The Trustee determines the NAV per Share by dividing the net asset value of the Trust by the number of Shares outstanding at the
time the computation is made. Any estimate of the accrued but unpaid fees, expenses and liabilities of the Trust for purposes of computing
the net asset value of the Trust and NAV per Share of the Trust made by the Trustee in good faith shall be conclusive upon all persons
interested in the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_008"></span>Trust
Expenses</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s only ordinary recurring expense is expected to be the Sponsor&#8217;s Fee. In exchange for the Sponsor&#8217;s Fee, the
Sponsor has agreed to assume the following expenses incurred by the Trust: the Trustee&#8217;s Fee and its ordinary out-of-pocket expenses,
the Custodian&#8217;s Fee and its reimbursable expenses, the Exchange listing fees, SEC registration fees, marketing expenses, printing
and mailing costs, audit fees and expenses and up to $100,000 per annum in legal fees and expenses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor&#8217;s Fee is accrued daily at an annualized rate equal to 0.50% of the net asset value of the Trust and is payable monthly
in arrears. The Sponsor may, at its discretion and from time to time, waive all or a portion of the Sponsor&#8217;s Fee for stated periods
of time. The Sponsor is under no obligation to waive any portion of its fees and any such waiver shall create no obligation to waive
any such fees during any period not covered by the waiver. Presently, the Sponsor does not intend to waive any part of its fee. However,
the Sponsor may, in its sole discretion, agree to rebate all or a portion of the Sponsor&#8217;s Fee attributable to Shares held by certain
institutional investors subject to minimum shareholding and lock up requirements as determined by the Sponsor to foster stability in
the Trust&#8217;s asset levels. Any such rebate will be subject to negotiation and written agreement between the Sponsor and the investor
on a case by case basis. The Sponsor is under no obligation to provide any rebates of the Sponsor&#8217;s Fee. Neither the Trust nor
the Trustee will be a party to any Sponsor&#8217;s Fee rebate arrangements negotiated by the Sponsor. Any Sponsor&#8217;s Fee rebate
shall be paid from the funds of the Sponsor and not from the assets of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 9 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor&#8217;s Fee will be paid through delivery of platinum from the Trust Unallocated Account that has been de-allocated from the
Trust Allocated Account for this purpose. The Trustee will, when directed by the Sponsor, and, in the absence of such direction, may,
in its discretion, sell platinum in such quantity and at such times, as may be necessary to permit payment of the Trust expenses or liabilities
not assumed by the Sponsor. The Trustee will endeavor to sell platinum at such times and in the smallest amounts required to permit such
payments as they become due, it being the intention to avoid or minimize the Trust&#8217;s holdings of assets other than platinum. Accordingly,
the amount of platinum to be sold will vary from time to time depending on the level of the Trust&#8217;s expenses and the market price
of platinum. The Custodian may, but is not required to purchase platinum needed to cover Trust expenses provided that if the Trustee&#8217;s
instruction to sell platinum is received by the Custodian by 1:00 p.m. (London time), the purchase price for the platinum will be that
day&#8217;s LBMA Platinum Price PM (or other applicable benchmark price), and if the Trustee&#8217;s instruction to sell platinum is
received by the Custodian after 1:00 p.m. (London time), the purchase price will be the next LBMA Platinum Price PM (or other applicable
benchmark price) available after that day.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor&#8217;s Fee for the year ended June 30, 2025 was $242,983.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash
held by the Trustee pending payment of the Trust&#8217;s expenses will not bear any interest. Each sale of platinum by the Trust will
be a taxable event to Shareholders for federal income tax purposes. See &#8220;United States Federal Income Tax Consequences&#8212;Taxation
of U.S. Shareholders.&#8221;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_009"></span>Deposit
of Platinum; Issuance of Baskets</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust creates and redeems Shares on a continuous basis but only in Baskets of 50,000 Shares. Upon the deposit of the corresponding amount
of platinum with the Custodian, and the payment of the Trustee&#8217;s applicable fee and of any expenses, taxes or charges (such as
stamp taxes or stock transfer taxes or fees), the Trustee will deliver the appropriate number of Baskets to the DTC account of the depositing
Authorized Participant. Only Authorized Participants can deposit platinum and receive Baskets of Shares in exchange. As of the date of
this report, J.P. Morgan Securities LLC, Merrill Lynch Professional Clearing Corp., Morgan Stanley &amp; Co. LLC, and Virtu Americas
LLC are the Authorized Participants. The Sponsor and the Trustee maintain a current list of Authorized Participants. Platinum allocated
by the Custodian to the Trust Allocated Account must meet the Good Delivery Standards.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Before
making a deposit, the Authorized Participant must deliver to the Trustee a written purchase order indicating the number of Baskets it
intends to acquire. The Trustee will acknowledge the purchase order unless it or the Sponsor decides to refuse the purchase order as
permitted by the Trust Agreement. The date the Trustee receives that order determines the Basket Amount the Authorized Participant needs
to deposit. However, orders received by the Trustee after 3:59 p.m. (New York time) on a business day or on a business day when the LBMA
Platinum Price PM or other applicable benchmark price is not announced, will not be accepted.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Trustee accepts the purchase order, it transmits to the Authorized Participant, via facsimile or electronic mail message, no later
than 5:30 p.m. (New York time) on the date such purchase order is received, or deemed received, a copy of the purchase order endorsed
&#8220;Accepted&#8221; by the Trustee and indicating the Basket Amount that the Authorized Participant must deliver to the Custodian
at the Trust Unallocated Account loco London in exchange for each Basket. Prior to the Trustee&#8217;s acceptance as specified above,
a purchase order only represents the Authorized Participant&#8217;s unilateral offer to deposit platinum in exchange for Baskets of Shares
and has no binding effect upon the Trust, the Trustee, the Custodian or any other party.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Basket Amount necessary for the creation of a Basket changes from day to day. On each day that the Exchange is open for regular trading,
the Trustee adjusts the quantity of platinum constituting the Basket Amount as appropriate to reflect sales of platinum, any loss of
platinum that may occur, and accrued expenses. The computation is made by the Trustee as promptly as practicable after 4:00 p.m. (New
York time). See &#8220;The Trust&#8212;Valuation of Platinum; Computation of Net Asset Value&#8221; for a description of how the LBMA
Platinum Price PM is determined, and description of how the Trustee determines the NAV. The Trustee determines the Basket Amount for
a given day by dividing the number of Ounces of platinum held by the Trust as of the opening of business on that business day, adjusted
for the amount of platinum constituting estimated accrued but unpaid fees and expenses of the Trust as of the opening of business on
that business day, by the quotient of the number of Shares outstanding at the opening of business divided by 50,000. Fractions of an
Ounce of platinum smaller than 0.001 Ounce are disregarded for purposes of the computation of the Basket Amount. The Basket Amount so
determined is communicated via electronic mail message to all Authorized Participants and made available on the Sponsor&#8217;s website
for the Shares. The Exchange also publishes the Basket Amount determined by the Trustee as indicated above.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 10 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Because
the Sponsor has assumed what are expected to be most of the Trust&#8217;s expenses, and the Sponsor&#8217;s Fee accrues daily at the
same rate (i.e., 1/366th for a leap year or 1/365th for a non-leap year of the daily net asset value of the Trust multiplied by 0.50%),
in the absence of any extraordinary expenses or liabilities, the amount of platinum by which the Basket Amount decreases each day is
predictable. Authorized Participants may use that indicative Basket Amount as guidance regarding the amount of platinum that they may
expect to have to deposit with the Custodian in respect of purchase orders placed by them on such next business day and accepted by the
Trustee. The Authorized Participant Agreement provides, however, that once a purchase order has been accepted by the Trustee, the Authorized
Participant will be required to deposit with the Custodian the Basket Amount determined by the Trustee on the effective date of the purchase
order.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
Shares are issued unless and until the Custodian has informed the Trustee that it has allocated to the Trust Allocated Account (other
than up to 192 Ounces, which may be held in the Trust Unallocated Account) the corresponding amount of platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="a_010"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Redemption
of Baskets</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized
Participants, acting on authority of the registered holder of Shares or on their own account, may surrender Baskets of Shares in exchange
for the corresponding Basket Amount announced by the Trustee. Upon the surrender of such Shares and the payment of the Trustee&#8217;s
applicable fee and of any expenses, taxes or charges (such as stamp taxes or stock transfer taxes or fees), the Trustee will deliver
to the order of the redeeming Authorized Participant the amount of platinum corresponding to the redeemed Baskets. Shares can only be
surrendered for redemption in Baskets of 50,000 Shares each.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Before
surrendering Baskets of Shares for redemption, an Authorized Participant must deliver to the Trustee a written request indicating the
number of Baskets it intends to redeem or on a business day when the LBMA Platinum Price PM or other applicable benchmark price is not
announced. The date the Trustee receives that order determines the Basket Amount to be received in exchange. However, orders received
by the Trustee after 3:59 p.m. (New York time) on a business day or on a business day when the LBMA Platinum Price PM or other applicable
benchmark price is not announced, will not be accepted.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
redemption distribution from the Trust will consist of a credit to the redeeming Authorized Participant&#8217;s unallocated account representing
the amount of the platinum held by the Trust evidenced by the Shares being redeemed as of the date of the redemption order. Fractions
of an Ounce included in the redemption distribution smaller than 0.001 of an Ounce are disregarded. The redemption distribution will
not be delivered unless and until all of the Shares to be redeemed have been received by the Trustee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with any issuance or redemption of Shares, the Authorized Participant shall be responsible for paying or reimbursing to the
Custodian and the Trustee the amount of any applicable tax, fees or other governmental charge that may be due in connection with the
transfer of platinum and the issuance and delivery of Shares, and any expense associated with the delivery of platinum other than by
credit to an Authorized Participant&#8217;s unallocated account with the Custodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Redemptions
may be suspended, or the date for delivery of platinum may be postponed, only (i) during any period in which regular trading on the Exchange
is suspended or restricted or the Exchange is closed (other than scheduled holiday or weekend closings), or (ii) during an emergency
as a result of which delivery, disposal or evaluation of platinum is not reasonably practicable. Neither the Trustee nor the Sponsor
will be liable to any person by reason of any such suspension or postponement.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_011"></span>Fees
and Expenses of the Trustee</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
deposit of platinum for the creation of Baskets of Shares and each surrender of Baskets of Shares for the purpose of withdrawing Trust
property (including if the Trust Agreement terminates) must be accompanied by a payment to the Trustee of a fee of $500 (or such other
fee as the Trustee, with the prior written consent of the Sponsor, may from time to time announce).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 11 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee is entitled to reimburse itself from the assets of the Trust for all expenses and disbursements incurred by it for extraordinary
services it may provide to the Trust or in connection with any discretionary action the Trustee may take to protect the Trust or the
interests of the holders.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="a_012"></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Sponsor</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor is a Delaware limited liability company and was formed on January 6, 2017. The Sponsor&#8217;s office is located at 222 Broadway,
22<sup>nd</sup> Floor, New York, New York 10038. Under the Delaware Limited Liability Company Act and the governing documents of the
Sponsor, the sole member of the Sponsor, GraniteShares, Inc., is not responsible for the debts, obligations and liabilities of the Sponsor
solely by reason of being the sole member of the Sponsor.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="a_013"></span>The
Sponsor&#8217;s Role</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor arranged for the creation of the Trust, and is responsible for the ongoing registration of the Shares for their public offering
in the United States and the listing of the Shares on the Exchange. The Sponsor has agreed to assume the organizational expenses of the
Trust and the following expenses incurred by the Trust: the Trustee&#8217;s monthly fee and its ordinary out-of-pocket expenses, the
Custodian&#8217;s Fee and its reimbursable expenses, Exchange listing fees, SEC registration fees, marketing expenses, printing and mailing
costs, audit fees and expenses and up to $100,000 per annum in legal fees and expenses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor will not exercise day-to-day oversight over the Trustee or the Custodian. The Sponsor may remove the Trustee and appoint a successor
Trustee (i) if the Trustee ceases to meet certain objective requirements (including the requirement that it have capital, surplus and
undivided profits of at least $150 million), (ii) if, having received written notice of a material breach of its obligations under the
Trust Agreement, the Trustee has not cured the breach within 30 days, or (iii) if the Trustee refuses to consent to the implementation
of an amendment to the Trust&#8217;s initial Internal Control Over Financial Reporting. The Sponsor also has the right to replace the
Trustee during the 90 days following any merger, consolidation or conversion in which the Trustee is not the surviving entity or, in
its discretion, on the fifth anniversary of the creation of the Trust or on any subsequent third anniversary thereafter. The Sponsor
also has the right to direct the Trustee to appoint any new or additional Custodian that the Sponsor selects.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has developed a marketing plan for the Trust, prepares marketing materials regarding the Shares, including the content of the
Trust&#8217;s website, and executes the marketing plan for the Trust on an ongoing basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="a_014"></span><b>The
Trustee</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Bank of New York Mellon, a banking corporation organized under the laws of the State of New York with trust powers, serves as the Trustee.
The Bank of New York Mellon has a trust office at 240 Greenwich Street New York, NY 10286, United States. The Bank of New York Mellon
is subject to supervision by the New York State Department of Financial Services and the Board of Governors of the Federal Reserve System.
A copy of the Trust Agreement is available for inspection at The Bank of New York Mellon&#8217;s trust office identified above. The Bank
of New York Mellon had at least $150 million in capital and retained earnings as of June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>The
Trustee&#8217;s Role</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee is responsible for the day-to-day administration of the Trust. This includes (i) processing orders for the creation and redemption
of Baskets; (ii) coordinating with the Custodian the receipt and delivery of platinum transferred to, or by, the Trust in connection
with each issuance and redemption of Baskets; (iii) calculating the net asset value of the Trust on each business day; and (iv) selling
the Trust&#8217;s platinum as needed to cover the Trust&#8217;s expenses. The Trustee intends to regularly communicate with the Sponsor
to monitor the overall performance of the Trust. The Trustee does not monitor the performance of the Custodian other than to review the
reports provided by the Custodian pursuant to the Custody Agreements. The Trustee, along with the Sponsor, will liaise with the Trust&#8217;s
legal, accounting and other professional service providers as needed. The Trustee will assist and support the Sponsor with the preparation
of the financial statements of the Trust and with all periodic reports required to be filed with the SEC on behalf of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 12 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span id="a_016"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Custodian</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian is responsible for holding the Trust&#8217;s allocated platinum as well as receiving and converting allocated and unallocated
platinum on behalf of the Trust. Unless otherwise agreed between the Trustee (as instructed by the Sponsor) and the Custodian, physical
platinum must be held by the Custodian at its London vault premises. At the end of each business day, the Custodian will hold no more
than 192 Ounces of unallocated platinum for the Trust, which corresponds to the maximum Ounce weight of Good Delivery Platinum or Ingot.
The Custodian converts the Trust&#8217;s platinum between allocated and unallocated platinum when: (1) Authorized Participants engage
in creation and redemption transactions with the Trust; or (2) platinum is sold to pay Trust expenses. The Custodian will facilitate
the transfer of platinum in and out of the Trust through the unallocated platinum accounts it may maintain for each Authorized Participant
or unallocated platinum accounts that may be maintained for an Authorized Participant by another LPPM-approved platinum-clearing bank,
and through the unallocated platinum account it will maintain for the Trust. The Custodian is responsible for allocating specific bars
of platinum to the Trust Allocated Account.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian will provide the Trustee with regular reports detailing the platinum transfers in and out of the Trust Unallocated Account
with the Custodian and identifying the platinum bars held in the Trust Allocated Account.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian&#8217;s fees and expenses are to be paid by the Sponsor. The Custodian and its affiliates may from time to time act as Authorized
Participants or purchase or sell platinum or shares for their own account, as an agent for their customers and for accounts over which
they exercise investment discretion. The Trustee, on behalf of the Trust, has entered into the Custody Agreements with the Custodian,
under which the Custodian maintains the Trust Unallocated Account and the Trust Allocated Account.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the Trust Agreement, if, upon the resignation of the Custodian, there would be no custodian acting pursuant to the Custody Agreements,
the Trustee shall, promptly after receiving notice of such resignation, appoint a substitute custodian or custodians selected by the
Sponsor pursuant to custody agreement(s) approved by the Sponsor (provided, however, that the rights and duties of the Trustee under
the Trust Agreement and the custody agreement(s) shall not be materially altered without its consent). When directed by the Sponsor,
and to the extent permitted by, and in the manner provided by, the Custody Agreements, the Trustee shall remove the Custodian and appoint
a substitute or appoint an additional custodian or custodians selected by the Sponsor. Each such substitute or additional custodian shall,
forthwith upon its appointment, enter into a Custody Agreement in form and substance approved by the Sponsor. After the entry into the
Custody Agreements, the Trustee shall not enter into or amend any Custody Agreement with a custodian without the written approval of
the Sponsor (which approval shall not be unreasonably withheld or delayed). When instructed by the Sponsor, the Trustee shall demand
that a custodian of the Trust deliver such of the Trust&#8217;s platinum held by it as is requested of it to any other custodian or such
substitute or additional custodian or custodians directed by the Sponsor. In connection with such transfer of physical platinum, the
Trustee will, at the direction of the Sponsor, cause the physical platinum to be weighed or assayed. The Trustee shall have no liability
for any transfer of physical platinum or weighing or assaying of delivered physical platinum as directed by the Sponsor, and in the absence
of such direction shall have no obligation to effect such a delivery or to cause the delivered physical platinum to be weighed, assayed
or otherwise validated.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust Agreement, the Sponsor is responsible for appointing accountants, auditors or other inspectors to audit or examine the accounts
and operations of the Custodian and any successor custodian or additional custodian at such times as directed by the Sponsor as permitted
by the Custody Agreements. See &#8220;&#8212;Inspection of Platinum&#8221; for a summary of the provisions of the Custody Agreements
permitting the Sponsor and the Trustee and their identified representatives, independent public accountants and physical platinum auditors
to access the premises of the Custodian and to examine the physical platinum and records maintained by the Custodian pursuant to the
Custody Agreements. The Trustee has no obligation to monitor the activities of the Custodian other than to receive and review such reports
of the platinum held for the Trust by such Custodian and of transactions in platinum held for the account of the Trust made by such Custodian
pursuant to the Custody Agreements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 13 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="a_017"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Inspection
of Platinum</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Custody Agreements, the Custodian will allow the Sponsor and the Trustee and their identified representatives, independent public
accountants and physical platinum auditors (currently Bureau Veritas), access to its premises upon reasonable notice during normal business
hours, to examine the physical platinum and such records as they may reasonably require to perform their respective duties with regard
to investors in Shares. The Trustee agrees that any such access shall be subject to execution of a confidentiality agreement and agreement
to the Custodian&#8217;s security procedures, and any such audit shall be at the Trust&#8217;s expense.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_018"></span>Description
of the Shares</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>General</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee is authorized under the Trust Agreement to create and issue an unlimited number of Shares. The Trustee creates Shares only in
Baskets (a Basket equals a block of 50,000 Shares) and only upon the order of an Authorized Participant. The Shares represent units of
fractional undivided beneficial interest in and ownership of the Trust and have no par value. Any creation and issuance of Shares above
the amount registered on the Trust&#8217;s then-current and effective registration statement with the SEC will require the registration
of such additional Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Description
of Limited Rights</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares do not represent a traditional investment and Shareholders should not view them as similar to &#8220;shares&#8221; of a corporation
operating a business enterprise with management and a board of directors. Shareholders do not have the statutory rights normally associated
with the ownership of shares of a corporation, including, for example, the right to bring &#8220;oppression&#8221; or &#8220;derivative&#8221;
actions. All Shares are of the same class with equal rights and privileges. Each Share is transferable, is fully paid and non-assessable
and entitles the holder to vote on the limited matters upon which Shareholders may vote under the Trust Agreement. The Shares do not
entitle their holders to any conversion or pre-emptive rights, or, except as provided below, any redemption rights or rights to distributions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Distributions</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the Trust is terminated and liquidated, the Trustee will distribute to the Shareholders any amounts remaining after the satisfaction
of all outstanding liabilities of the Trust and the establishment of such reserves for applicable taxes, other governmental charges and
contingent or future liabilities as the Trustee shall determine. Shareholders of record on the record date fixed by the Trustee for a
distribution will be entitled to receive their pro rata portion of any distribution.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Voting
and Approvals</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust Agreement, Shareholders have no voting rights, except in limited circumstances. The Trustee may terminate the Trust upon the
agreement of Shareholders owning at least 75% of the outstanding Shares. In addition, certain amendments to the Trust Agreement require
advance notice to the Shareholders before the effectiveness of such amendments, but no Shareholder vote or approval is required for any
amendment to the Trust Agreement.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Redemption
of the Shares</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares may only be redeemed by or through an Authorized Participant and only in Baskets.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Book-Entry
Form</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Individual
certificates will not be issued for the Shares. Instead, one or more global certificates is deposited by the Trustee with DTC and registered
in the name of Cede &amp; Co., as nominee for DTC. The global certificates evidence all of the Shares outstanding at any time. Under
the Trust Agreement, Shareholders are limited to (1) participants in DTC such as banks, brokers, dealers and trust companies (DTC Participants),
(2) those who maintain, either directly or indirectly, a custodial relationship with a DTC Participant (Indirect Participants), and (3)
those banks, brokers, dealers, trust companies and others who hold interests in the Shares through DTC Participants or Indirect Participants.
The Shares are only transferable through the book-entry system of DTC. Shareholders who are not DTC Participants may transfer their Shares
through DTC by instructing the DTC Participant holding their Shares (or by instructing the Indirect Participant or other entity through
which their Shares are held) to transfer the Shares. Transfers will be made in accordance with standard securities industry practice.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 14 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="a_020"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Custody
of the Trust&#8217;s Platinum</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian, as instructed by the Trustee on behalf of the Trust, is authorized to accept, on behalf of the Trust, deposits of platinum
in unallocated form. Acting on standing instructions specified in the Custody Agreements, the Custodian allocates platinum deposited
in unallocated form with the Trust by selecting plates or ingots of physical platinum for deposit to the Trust Allocated Account. All
physical platinum allocated to the Trust must conform to the rules, regulations, practices and customs of the LPPM (including without
limitation the good delivery rules of the LPPM).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
held for the Trust Allocated Account by the Custodian is held at the Custodian&#8217;s London vault. Platinum temporarily held by the
Custodian&#8217;s currently selected subcustodians and by subcustodians of subcustodians may be held in vaults located in England or
in other locations. When physical platinum is held for the Trust Allocated Account by a subcustodian, the Custodian will use, or where
applicable require any subcustodian to use, commercially reasonable efforts to promptly transport such physical platinum held on behalf
of the Trust to the Custodian&#8217;s London vault premises at the Custodian&#8217;s own cost and risk.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian&#8217;s vault is managed by The Brink&#8217;s Company. The Custodian segregates by identification in its books and records
the Trust&#8217;s platinum in the Trust Allocated Account from any other platinum which it owns or holds for others and requires the
subcustodians it selects to so segregate the Trust&#8217;s platinum held by them. This requirement reflects the current custody practice
in the London bullion market and, under the Trust Allocated Account Agreement, the Custodian is deemed to have communicated such requirement
by virtue of its participation in the London bullion market. The Custodian&#8217;s books and records are expected, as a matter of current
London bullion market custody practice, to identify every plate or ingot of platinum held in the Trust Allocated Account in its own vault
by refiner, assay, serial number and weight. Subcustodians selected by the Custodian are also expected, as a matter of current industry
practice, to identify in their books and records each plate or ingot of platinum held for the Custodian by serial number and such subcustodians
may use other identifying information.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has contracted with a specialist bullion assaying firm to provide biannual inspections of the platinum plates and ingots held
on behalf of the Trust and the Custodian&#8217;s records concerning the Trust Allocated Account and the Trust Unallocated Account as
they may be reasonably required to perform their respective duties to Shareholders. One audit will be conducted at the end of the fiscal
year (June 30) and the other at random, with the consent of the Custodian, on a date selected by the assaying firm.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="a_021"></span>United
States Federal Income Tax Consequences</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following discussion of the material United States federal income tax consequences that generally will apply to the purchase, ownership
and disposition of Shares by a U.S. Shareholder (as defined below), and certain United States federal income consequences that may apply
to an investment in Shares by a Non-U.S. Shareholder (as defined below), represents, insofar as it describes conclusions as to United
States federal income tax law and subject to the limitations and qualifications described therein, the opinion of Carlton Fields, special
United States federal income tax counsel to the Sponsor. The discussion below is based on the Internal Revenue Code of 1986, as amended
(the &#8220;Code&#8221;), Treasury Regulations promulgated thereunder and judicial and administrative interpretations of the Code, all
as in effect on the date of this Prospectus; no assurance can be given that future legislation, regulations, court decisions and/or administrative
pronouncements will not significantly change applicable law and materially affect the conclusions expressed herein, and any such change,
even though made after a Shareholder has invested in the Trust, could be applied retroactively. The tax treatment of Shareholders may
vary depending upon their own particular circumstances. This discussion does not purport to be complete or to deal with all aspects of
federal income taxation that may be relevant to an investor in light of its particular circumstances, including banks, thrift institutions
and certain other financial institutions, insurance companies, tax-exempt organizations, broker-dealers, traders, Shareholders that are
partnerships for United States federal income tax purposes, persons holding Shares as a position in a &#8220;hedging,&#8221; &#8220;straddle,&#8221;
&#8220;conversion,&#8221; or &#8220;constructive sale&#8221; transaction for United States federal income tax purposes, qualified pension
and profit-sharing plans, individual retirement accounts (IRAs), certain other tax-deferred accounts, U.S. expatriates, persons whose
&#8220;functional currency&#8221; is not the U.S. dollar, persons with &#8220;applicable financial statements&#8221; within the meaning
of Section 451(b) of the Code, or other investors with special circumstances) may be subject to special rules not discussed below. In
addition, the following discussion applies only to investors who will hold Shares as &#8220;capital assets&#8221; within the meaning
of Section 1221 of the Code. <b>Moreover, the discussion below does not address the effect of any state, local or foreign tax law on
an owner of Shares. Purchasers of Shares are urged to consult their own tax advisers with respect to all federal, state, local and foreign
tax law considerations potentially applicable to their investment in Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 15 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
purposes of this discussion, a &#8220;U.S. Shareholder&#8221; is a Shareholder that is:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an
    individual who is treated as a citizen or resident of the United States for United States federal income tax purposes;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-
    </span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    corporation (or entity treated as a corporation for United States federal income tax purposes) created or organized in or under the
    laws of the United States, any state thereof or the District of Columbia;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-
    </span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">an
    estate, the income of which is includible in gross income for United States federal income tax purposes regardless of its source;
    or</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-
    </span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
    trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or
    more United States persons have the authority to control all substantial decisions of the trust, or a trust that has made a valid
    election under applicable Treasury Regulations to be treated as a domestic trust.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
Shareholder that is not a U.S. Shareholder as defined above is considered a &#8220;Non-U.S. Shareholder&#8221; for purposes of this discussion.
If a partnership or other entity or arrangement treated as a partnership for U.S. federal income tax purposes holds Shares, the tax treatment
of a partner generally depends upon the status of the partner and the activities of the partnership. If you are a partner of a partnership
holding Shares, the discussion below may not be applicable and we urge you to consult your own tax adviser for the U.S. federal tax implications
of the purchase, ownership and disposition of such Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Taxation
of the Trust</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor and the Trustee will treat the Trust as a &#8220;grantor trust&#8221; for United States federal income tax purposes. In the opinion
of Carlton Fields, special United States federal income tax counsel to the Sponsor, the Trust will be classified as a &#8220;grantor
trust&#8221; for United States federal income tax purposes. As a result, the Trust itself will not be subject to United States federal
income tax. Instead, the Trust&#8217;s income and expenses will &#8220;flow through&#8221; to the Shareholders, and the Trustee will
report the Trust&#8217;s income, gains, losses and deductions to the Internal Revenue Service (the &#8220;IRS&#8221;) on that basis.
The opinion of Carlton Fields, LLP represents only its best legal judgment and is not binding on the IRS or any court and does not preclude
the IRS from taking a contrary position. Accordingly, there can be no assurance that the IRS will agree with the conclusions of counsel&#8217;s
opinion and it is possible that the IRS or another tax authority could assert a position contrary to one or all of those conclusions
and that a court could sustain that contrary position. Neither the Sponsor nor the Trustee will request a ruling from the IRS with respect
to the classification of the Trust for United States federal income tax purposes. If the IRS were to assert successfully that the Trust
is not classified as a &#8220;grantor trust,&#8221; the Trust would likely be classified as a partnership for United States federal income
tax purposes, which may affect the timing and other tax consequences to the Shareholders and would require the Trust to forward tax information
on Schedule K-1 to investors.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following discussion assumes that the Trust will be classified as a &#8220;grantor trust&#8221; for United States federal income tax
purposes.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 16 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Taxation
of U.S. Shareholders</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
will be treated, for United States federal income tax purposes, as if they directly owned a pro rata share of the underlying assets held
in the Trust. Shareholders also will be treated as if they directly received their respective pro rata shares of the Trust&#8217;s income,
if any, and as if they directly incurred their respective pro rata shares of the Trust&#8217;s expenses. In the case of a Shareholder
that purchases Shares for cash, its initial tax basis in its pro rata share of the assets held in the Trust at the time it acquires its
Shares will be equal to its cost of acquiring the Shares. In the case of a Shareholder that acquires its Shares as part of a creation
of a Basket, the delivery of platinum to the Trust in exchange for the underlying platinum represented by the Shares will not be a taxable
event to the Shareholder, and the Shareholder&#8217;s tax basis and holding period for the Shareholder&#8217;s pro rata share of the
platinum held in the Trust will be the same as its tax basis and holding period for the platinum delivered in exchange therefor. For
purposes of this discussion, and unless stated otherwise, it is assumed that all of a Shareholder&#8217;s Shares are acquired on the
same date and at the same price per Share. Shareholders that hold multiple lots of Shares, or that are contemplating acquiring multiple
lots of Shares, should consult their own tax advisers as to the determination of the tax basis and holding period for the underlying
platinum related to such Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">When
the Trust sells platinum, for example to pay expenses, a Shareholder will recognize gain or loss in an amount equal to the difference
between (a) the Shareholder&#8217;s pro rata share of the amount realized by the Trust upon the sale and (b) the Shareholder&#8217;s
tax basis for its pro rata share of the platinum that was sold. Such gain or loss will generally be long-term or short-term capital gain
or loss, depending upon whether the Shareholder has a holding period in its Shares of longer than one year. A Shareholder&#8217;s tax
basis for its share of any platinum sold by the Trust generally will be determined by multiplying the Shareholder&#8217;s total basis
for its share of all of the platinum held in the Trust immediately prior to the sale, by a fraction the numerator of which is the amount
of platinum sold, and the denominator of which is the total amount of the platinum held in the Trust immediately prior to the sale. After
any such sale, a Shareholder&#8217;s tax basis for its pro rata share of the platinum remaining in the Trust will be equal to its tax
basis for its share of the total amount of the platinum held in the Trust immediately prior to the sale, less the portion of such basis
allocable to its share of the platinum that was sold.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
a Shareholder&#8217;s sale of some or all of its Shares, the Shareholder will be treated as having sold the portion or all, respectively,
of its pro rata share of the platinum held in the Trust at the time of the sale that is attributable to the Shares sold. Accordingly,
the Shareholder generally will recognize gain or loss on the sale in an amount equal to the difference between (a) the amount realized
pursuant to the sale of the Shares, and (b) the Shareholder&#8217;s tax basis for the portion of its pro rata share of the platinum held
in the Trust at the time of sale that is attributable to the Shares sold, as determined in the manner described in the preceding paragraph.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
redemption of some or all of a Shareholder&#8217;s Shares in exchange for the underlying platinum represented by the Shares redeemed
generally will not be a taxable event to the Shareholder. The Shareholder&#8217;s tax basis for the platinum received in the redemption
generally will be the same as the Shareholder&#8217;s tax basis for the portion of its pro rata share of the platinum held in the Trust
immediately prior to the redemption that is attributable to the Shares redeemed. The Shareholder&#8217;s holding period with respect
to the platinum received should include the period during which the Shareholder held the Shares redeemed. A subsequent sale of the platinum
received by the Shareholder will be a taxable event, unless a nonrecognition provision of the Code applies to such sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">After
any sale or redemption of less than all of a Shareholder&#8217;s Shares, the Shareholder&#8217;s tax basis for its pro rata share of
the platinum held in the Trust immediately after such sale or redemption generally will be equal to its tax basis for its share of the
total amount of the platinum held in the Trust immediately prior to the sale or redemption, less the portion of such basis which is taken
into account in determining the amount of gain or loss recognized by the Shareholder upon such sale or, in the case of a redemption,
that is treated as the basis of the platinum received by the Shareholder in the redemption.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: -4.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Maximum
28% Long-Term Capital Gains Tax Rate for U.S. Shareholders Who Are Individuals</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
current law, gains recognized by individuals from the sale of &#8220;collectibles,&#8221; including platinum, held for more than one
year are taxed at a maximum rate of 28%, rather than the current maximum 20% rate applicable to most other long-term capital gains. For
these purposes, gain recognized by an individual upon the sale of an interest in a trust that holds collectibles is treated as gain recognized
on the sale of collectibles, to the extent that the gain is attributable to unrealized appreciation in value of the collectibles held
by the trust. Therefore, any gain recognized by an individual U.S. Shareholder attributable to a sale of Shares held for more than one
year, or attributable to the Trust&#8217;s sale of any platinum which the Shareholder is treated (through its ownership of Shares) as
having held for more than one year, generally will be taxed at a maximum federal income tax rate of 28%. The federal income tax rates
for capital gains recognized upon the sale of assets held by an individual U.S. Shareholder for one year or less are generally the same
as those at which ordinary income is taxed. A U.S. corporation&#8217;s capital gain is generally taxed at the same federal income tax
rates applicable to the corporation&#8217;s ordinary income.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 17 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3.8%
Tax on Net Investment Income</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain
U.S. Shareholders who are individuals are required to pay a 3.8% tax on the lesser of the excess of their modified adjusted gross income
over a threshold amount ($250,000 for married persons filing jointly and $200,000 for single taxpayers) or their &#8220;net investment
income,&#8221; which generally includes capital gains from the disposition of property. This tax is in addition to any capital gains
taxes due on such investment income. A similar tax applies to estates and trusts. U.S. Shareholders should consult their own tax advisers
regarding the effect, if any, this law may have on their investment in the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Brokerage
Fees and Trust Expenses</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
brokerage or other transaction fee incurred by a Shareholder in purchasing Shares will be treated as part of the Shareholder&#8217;s
tax basis in the underlying assets of the Trust. Similarly, any brokerage fee incurred by a Shareholder in selling Shares will reduce
the amount realized by the Shareholder with respect to the sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shareholders
will be required to recognize the full amount of gain or loss upon a sale of platinum by the Trust (as discussed above), even though
some or all of the proceeds of such sale are used by the Trustee to pay Trust expenses. Shareholders may deduct their respective pro
rata shares of each expense incurred by the Trust to the same extent as if they directly incurred the expense. Shareholders who are individuals,
estates or trusts, or certain closely held corporations, however, may be subject to various limitations on their ability to use their
allocable share of the Trust&#8217;s deductions and losses. For example, miscellaneous itemized deductions, including expenses for the
production of income, are not currently deductible for taxable years beginning before January 1, 2026. Prospective Shareholders should
consult their own tax advisers regarding the United States federal income tax consequences of holding Shares in light of their particular
circumstance.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Investment
by U.S. Tax-Exempt Shareholders</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain
U.S. Shareholders (&#8220;U.S. Tax-Exempt Shareholders&#8221;) are subject to United States federal income tax only on their &#8220;unrelated
business taxable income&#8221; (&#8220;UBTI&#8221;). Unless they incur debt in order to purchase Shares, it is expected that U.S. Tax-Exempt
Shareholders should not realize UBTI in respect of income or gains from the Shares. U.S. Tax-Exempt Shareholders should consult their
own independent tax advisers regarding the United States federal income tax consequences of holding Shares in light of their particular
circumstances.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Investment
by Regulated Investment Companies</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mutual
funds and other investment vehicles which are &#8220;regulated investment companies&#8221; within the meaning of Code Section 851 should
consult with their tax advisers concerning (i) the likelihood that an investment in Shares, although they are a &#8220;security&#8221;
within the meaning of the Investment Company Act, may be considered an investment in the underlying platinum for purposes of Code Section
851(b), and (ii) the extent to which an investment in Shares might nevertheless be consistent with preservation of their qualification
under Code Section 851.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Investment
by Certain Retirement Plans</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
408(m) of the Code provides that the purchase of a &#8220;collectible&#8221; as an investment for an IRA, or for a participant-directed
account maintained under any plan that is tax-qualified under Section 401(a) of the Code (&#8220;Tax Qualified Account&#8221;), is treated
as a taxable distribution from the account to the owner of the IRA, or to the participant for whom the Tax Qualified Account is maintained,
of an amount equal to the cost to the account of acquiring the collectible. The IRS has issued private letter rulings which provide that
the purchase of shares of trusts similar to the Trust by an IRA or a Tax Qualified Account will not constitute the acquisition of a collectible
or be treated as resulting in a taxable distribution to the IRA owner or Tax Qualified Account participant under Code Section 408(m).
However, if any of the Shares so purchased are distributed from an IRA or Tax Qualified Account to the IRA owner or plan participant,
or if any platinum received by such IRA or Tax Qualified Account upon the redemption of any of the Shares purchased by it is distributed
(or treated as distributed pursuant to Code Section 408(m)) to the IRA owner or plan participant, the Shares or platinum so distributed
will be subject to federal income tax in the year of distribution, to the extent provided under the applicable provisions of Code Sections
408(d), 408(m) or 402. Private letter rulings are only binding on the IRS with respect to the taxpayer to which they were issued, and
the Trust has neither requested nor obtained such a private letter ruling. Accordingly, potential IRA or Tax Qualified Account investors
are urged to consult with their own professional advisors concerning the treatment of an investment in Shares under Code Section 408(m).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 18 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Taxation
of Non-U.S. Shareholders</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
Non-U.S. Shareholder generally will not be subject to United States federal income tax with respect to gain recognized upon the sale
or other disposition of Shares, or upon the sale of platinum by the Trust, unless (1) the Non-U.S. Shareholder is an individual and is
present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as
being from United States sources; or (2) the gain is effectively connected with the conduct by the Non-U.S. Shareholder of a trade or
business in the United States and certain other conditions are met.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>United
States Information Reporting and Backup Withholding</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee will file certain information returns with the IRS, and provide certain tax-related information to Shareholders, in connection
with the Trust. To the extent required by applicable regulations, each Shareholder will be provided with information regarding its allocable
portion of the Trust&#8217;s annual income (if any) and expenses. A U.S. Shareholder may be subject to United States backup withholding
tax, at a rate of 24%, in certain circumstances unless it provides its taxpayer identification number and complies with certain certification
procedures. Non-U.S. Shareholders may have to comply with certification procedures to establish that they are not a United States person,
and some Non-U.S. Shareholders will be required to meet certain information reporting or certification requirements imposed by the Foreign
Account Tax Compliance Act, in order to avoid certain information reporting and withholding tax requirements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
amount of any backup withholding will be allowed as a credit against a Shareholder&#8217;s United States federal income tax liability
and may entitle such a Shareholder to a refund, provided that the required information is furnished to the IRS in a timely manner.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Taxation
in Jurisdictions Other Than the United States</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prospective
purchasers of Shares that are based in or acting out of a jurisdiction other than the United States are advised to consult their own
tax advisers as to the tax consequences, under the laws of such jurisdiction (or any other jurisdiction other than the United States
to which they are subject), of their purchase, holding, sale and redemption of or any other dealing in Shares and, in particular, as
to whether any value added tax, other consumption tax or transfer tax is payable in relation to such purchase, holding, sale, redemption
or other dealing.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="a_022"></span><b>ERISA
and Related Considerations</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ERISA
and/or Code Section 4975 impose certain requirements on certain employee benefit plans and certain other plans and arrangements, including
individual retirement accounts and annuities, Keogh plans, and certain commingled investment vehicles or insurance company general or
separate accounts in which such plans or arrangements are invested (collectively, &#8220;Plans&#8221;), and on persons who are fiduciaries
with respect to the investment of &#8220;plan assets&#8221; of a Plan. Government plans and some church plans are not subject to the
fiduciary responsibility provisions of ERISA or the provisions of Section 4975 of the Code, but may be subject to substantially similar
rules under other federal law, or under state or local law (&#8220;Other Law&#8221;).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 19 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
contemplating an investment of a portion of Plan assets in Shares, the Plan fiduciary responsible for making such investment should carefully
consider, taking into account the facts and circumstances of the Plan and the &#8220;Risk Factors&#8221; discussed above and whether
such investment is consistent with its fiduciary responsibilities under ERISA or Other Law, including, but not limited to: (1) whether
the investment is permitted under the Plan&#8217;s governing documents, (2) whether the fiduciary has the authority to make the investment,
(3) whether the investment is consistent with the Plan&#8217;s investment and funding objectives, (4) the tax effects of the investment
on the Plan (see, for example, &#8220;Investment by Retirement Plans&#8221; under &#8220;United States Federal Income Tax Consequences&#8221;
above), and (5) whether the investment satisfies the exclusive purpose, prudence, and diversification requirements under ERISA or Other
Law considering all relevant factors, including those discussed in this prospectus. In addition, ERISA and Code Section 4975 prohibit
a broad range of transactions involving assets of a plan and persons who are fiduciaries or &#8220;parties in interest&#8221; under ERISA
or &#8220;disqualified persons&#8221; under Section 4975 of the Code. A violation of these rules may result in the imposition of significant
excise taxes under Section 4975 of the Code and other liabilities under ERISA. Plans subject to Other Law may be subject to similar restrictions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">It
is anticipated that the Shares will constitute &#8220;publicly offered securities&#8221; as defined in the Department of Labor &#8220;Plan
Asset Regulations,&#8221; &#167;2510.3-101 (b)(2) as modified by Section 3(42) of ERISA. Accordingly, pursuant to the Plan Asset Regulations,
only Shares purchased by a Plan, and not an interest in the underlying assets held in the Trust, should be treated as assets of the Plan,
for purposes of applying the &#8220;fiduciary responsibility&#8221; rules of ERISA and the &#8220;prohibited transaction&#8221; rules
of ERISA and the Code. Fiduciaries of plans subject to Other Law should consult legal counsel to determine whether there would be a similar
result under the Other Law.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
registration statement on Form S-1 and Preliminary Prospectus, as well as any Prospectus, relating to the Trust do not constitute an
undertaking to provide either individualized investment advice or impartial investment advice by the Sponsor, and it is our intention
to not act in a fiduciary capacity with respect to any Plan.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Allowing
an investment in the Trust is not to be construed as a representation by the Sponsor or any of its affiliates, agents or employees that
this investment meets some or all of the relevant legal requirements with respect to investments by any particular Plan or that this
investment is appropriate for any such particular Plan. The person with investment discretion should consult with the Plan&#8217;s attorney
and financial advisors as to the propriety of an investment in the Trust in light of the circumstances of the particular Plan, current
tax law and ERISA.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="a_023"></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item
1A. Risk Factors</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Before
making an investment decision, you should consider carefully the risks described below, as well as the other information included in
this prospectus.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
value of the Shares relates directly to the value of the platinum held by the Trust and fluctuations in the price of platinum could materially
adversely affect an investment in the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares are designed to mirror as closely as possible the performance of the price of platinum bullion, and the value of the Shares relates
directly to the value of the platinum held by the Trust, less the Trust&#8217;s liabilities (including estimated accrued but unpaid expenses).
The price of platinum has fluctuated widely over the past several years. Several factors may affect the price of platinum, including:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
    platinum supply, which is influenced by such factors as production and cost levels in major platinum producing countries such as
    South Africa. Recycling, autocatalyst demand, industrial demand, jewelry demand and investment demand are also important drivers
    of platinum supply and demand;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investors&#8217;
    expectations with respect to the rate of inflation;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Currency
    exchange rates;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
    rates;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment
    and trading activities of hedge funds and commodity funds; and</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
    or regional political, economic or financial events and situations.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, investors should be aware that there is no assurance that platinum will maintain its long-term value in terms of purchasing
power in the future. In the event that the price of platinum declines, the Sponsor expects the value of an investment in the Shares to
decline proportionately.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 20 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Shares may trade at a price which is at, above or below the NAV per Share and any discount or premium in the trading price relative to
the NAV per Share may widen as a result of non-concurrent trading hours between the NYSE Arca, London and COMEX.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares may trade at, above or below the NAV per Share. The NAV per Share fluctuates with changes in the market value of the Trust&#8217;s
assets. The trading price of the Shares fluctuates in accordance with changes in the NAV per Share as well as market supply and demand.
The amount of the discount or premium in the trading price relative to the NAV per Share may be influenced by non-concurrent trading
hours between the NYSE Arca and the major platinum markets. While the Shares trade on the NYSE Arca until 4:00 p.m. New York time, liquidity
in the market for platinum is reduced after the close of the major world platinum markets, including London and the COMEX. As a result,
during this time, trading spreads, and the resulting premium or discount on the Shares, may widen.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>A
possible &#8220;short squeeze&#8221; due to a sudden increase in demand of Shares that largely exceeds supply may lead to price volatility
in the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investors
may purchase Shares to hedge existing platinum exposure or to speculate on the price of platinum. Speculation on the price of platinum
may involve long and short exposures. To the extent aggregate short exposure exceeds the number of Shares available for purchase (for
example, in the event that large redemption requests by Authorized Participants dramatically affect Share liquidity), investors with
short exposure may have to pay a premium to repurchase Shares for delivery to Share lenders. Those repurchases may in turn, dramatically
increase the price of the Shares until additional Shares are created through the creation process. This is often referred to as a &#8220;short
squeeze.&#8221; A short squeeze could lead to volatile price movements in Shares that are not directly correlated to the price of platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Purchasing
activity in the platinum market associated with the purchase of Baskets from the Trust may cause a temporary increase in the price of
platinum. This increase may adversely affect an investment in the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchasing
activity associated with acquiring the platinum required for deposit into the Trust in connection with the creation of Baskets may temporarily
increase the market price of platinum, which will result in higher prices for the Shares. Temporary increases in the market price of
platinum may also occur as a result of the purchasing activity of other market participants. Other platinum market participants may attempt
to benefit from an increase in the market price of platinum that may result from increased purchasing activity of platinum connected
with the issuance of Baskets. Consequently, the market price of platinum may decline immediately after Baskets are created. If the price
of platinum declines, the trading price of the Shares may also decline.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Shares and their value could decrease if unanticipated operational or trading problems arise.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
may be unanticipated problems or issues with respect to the mechanics of the Trust&#8217;s operations and the trading of the Shares that
could have a material adverse effect on an investment in the Shares. In addition, although the Trust is not actively &#8220;managed&#8221;
by traditional methods, to the extent that unanticipated operational or trading problems or issues arise, the Sponsor&#8217;s past experience
and qualifications may not be suitable for solving these problems or issues.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Discrepancies,
disruptions or unreliability of the LBMA Platinum Price could impact the value of the Trust&#8217;s platinum and the market price of
the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee values the Trust&#8217;s platinum pursuant to the LBMA Platinum Price. In the event that the LBMA Platinum Price proves to be
an inaccurate benchmark, or the LBMA Platinum Price varies materially from the prices determined by other mechanisms for valuing platinum,
the value of the Trust&#8217;s platinum and the market price of the Shares could be adversely impacted. Any future developments in the
LBMA Platinum Price, to the extent it has a material impact on the LBMA Platinum Price, could adversely impact the value of the Trust&#8217;s
platinum and the market price of the Shares. It is possible that electronic failures or other unanticipated events may occur that could
result in delays in the announcement of, or the inability of the benchmark to produce, the LBMA Platinum Price on any given date. Furthermore,
any actual or perceived disruptions that result in the perception that the LBMA Platinum Price is vulnerable to actual or attempted manipulation
could adversely affect the behavior of market participants, which may have an effect on the price of platinum. If the LBMA Platinum Price
is unreliable for any reason, the price of platinum and the market price for the Shares may decline or be subject to greater volatility.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 21 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
amount of platinum represented by each Share will decrease over the life of the Trust due to the sales of platinum necessary to pay the
Sponsor&#8217;s Fee and Trust expenses. Without increases in the price of platinum sufficient to compensate for that decrease, the price
of the Shares will also decline and you will lose money on your investment in Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Although
the Sponsor has agreed to assume all organizational and certain ordinary expenses incurred by the Trust, not all Trust expenses have
been assumed by the Sponsor. For example, any taxes and other governmental charges that may be imposed on the Trust&#8217;s property
will not be paid by the Sponsor. As part of its agreement to assume some of the Trust&#8217;s ordinary administrative expenses, the Sponsor
has agreed to pay legal fees and expenses of the Trust not in excess of $500,000 per annum. Any legal fees and expenses in excess of
that amount will be the responsibility of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Because
the Trust does not have any income, it needs to sell platinum to cover expenses not assumed by the Sponsor. The Trust may also be subject
to other liabilities (for example, as a result of litigation) which have also not been assumed by the Sponsor. The only source of funds
to cover those liabilities will be sales of platinum held by the Trust. Even if there are no expenses other than those assumed by the
Sponsor, and there are no other liabilities of the Trust, the Trustee will still need to sell platinum to pay the Sponsor&#8217;s Fee.
The result of these sales is a decrease in the amount of platinum represented by each Share. New deposits of platinum, received in exchange
for new Shares issued by the Trust, do not reverse this trend.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
decrease in the amount of platinum represented by each Share results in a decrease in its price even if the price of platinum has not
changed. To retain the Share&#8217;s original price, the price of platinum has to increase. Without that increase, the lesser amount
of platinum represented by the Share will have a correspondingly lower price. If these increases do not occur, or are not sufficient
to counter the lesser amount of platinum represented by each Share, you will sustain losses on your investment in Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An
increase in the Trust expenses not assumed by the Sponsor, or the existence of unexpected liabilities affecting the Trust, will force
the Trustee to sell larger amounts of platinum, and will result in a more rapid decrease of the amount of platinum represented by each
Share and a corresponding decrease in its value. The sale of the Trust&#8217;s platinum to pay expenses not assumed by the Sponsor or
unexpected liabilities affecting the Trust, at a time of low platinum prices could adversely affect the value of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Crises
may motivate large-scale sales of platinum which could decrease the price of platinum and adversely affect an investment in the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
possibility of large-scale distress sales of platinum in times of crisis may have a short-term negative impact on the price of platinum
and adversely affect an investment in the Shares. For example, the 2008 financial credit crisis resulted in significantly depressed prices
of platinum largely due to forced sales and deleveraging from institutional investors such as hedge funds and pension funds. Crises in
the future may impair platinum&#8217;s price performance which would, in turn, adversely affect an investment in the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Several
factors may have the effect of causing a decline in the prices of platinum and a corresponding decline in the price of Shares. Among
them:</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"></p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"></p><table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Autocatalysts,
    automobile components that use platinum accounted for approximately 39% of the global demand in platinum for 2021. Should global
    automobile sales decline, the demand for platinum may fall and impact the price of platinum and affect the price of the Shares.</span></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">&#160;</td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    significant increase in platinum hedging activity by platinum producers. Should there be an increase in the level of hedge activity
    of platinum producing companies, it could cause a decline in world platinum prices, adversely affecting the price of the Shares.</span></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>



<!-- Field: Page; Sequence: 22 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"></p>

<p style="margin: 0"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">

<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    significant change in the attitude of speculators, investors and central banks towards platinum. Should the speculative community
    take a negative view towards platinum or central banking authorities determine to sell national platinum reserves, either event could
    cause a decline in world platinum prices, negatively impacting the price of the Shares.</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
    the extent existing exchange traded vehicles (&#8220;ETVs&#8221;) tracking platinum markets represent a significant proportion of
    demand for physical platinum bullion, large redemptions of the securities of these ETVs could negatively affect physical platinum
    bullion prices and the price and NAV of the Shares.</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    widening of interest rate differentials between the cost of money and the cost of platinum could negatively affect the price of platinum
    which, in turn, could negatively affect the price of the Shares.</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
    combination of rising money interest rates and a continuation of the current low cost of borrowing platinum could improve the economics
    of selling platinum forward. This could result in an increase in hedging by platinum mining companies and short selling by speculative
    interests, which would negatively affect the price of platinum. Under such circumstances, the price of the Shares would be similarly
    affected.</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Trust is a passive investment vehicle. This means that the value of your Shares may be adversely affected by Trust losses that, if the
Trust had been actively managed, it might have been possible to avoid.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee does not actively manage the platinum held by the Trust. This means that the Trustee does not sell platinum at times when its
price is high, or acquire platinum at low prices in the expectation of future price increases. It also means that the Trustee does not
make use of any of the hedging techniques available to professional platinum investors to attempt to reduce the risks of losses resulting
from price decreases. Any losses sustained by the Trust will adversely affect the value of your Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
price received upon the sale of Shares may be less than the value of the platinum represented by them.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
result obtained by subtracting the Trust&#8217;s expenses and liabilities on any day from the price of the platinum owned by the Trust
on that day is the net asset value of the Trust which, when divided by the number of Shares outstanding on that day, results in the NAV
per Share.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares
may trade at, above or below their NAV. The NAV will fluctuate with changes in the market value of the Trust&#8217;s assets. The trading
prices of Shares will fluctuate in accordance with changes in their NAVs as well as market supply and demand. The amount of the discount
or premium in the trading price relative to the NAV may be influenced by non-concurrent trading hours between the major platinum markets
and the Exchange. While the Shares will trade on the Exchange until 4:00 p.m. (New York time), liquidity in the market for platinum will
be reduced after the close of the major world platinum markets, including London, Zurich and NYMEX. As a result, during this time, trading
spreads, and the resulting premium or discount on Shares, may widen.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Trust may be forced to sell platinum earlier than anticipated if expenses are higher than expected.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust may be forced to sell physical platinum earlier than anticipated if the Trust&#8217;s expenses are higher than estimated. Such
accelerated sales may result in a reduction of the NAV and the value of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Because
the Trust is not a diversified investment, it may be more volatile than other investments.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An
investment in the Trust is not intended as a complete investment plan. Because the Trust principally only holds physical platinum, an
investment in the Trust may be more volatile than an investment in a more broadly diversified portfolio. Accordingly, the NAV may be
more volatile than another investment vehicle with a more broadly diversified portfolio and may fluctuate substantially over time. An
investment in the Trust may be deemed speculative and is not intended as a complete investment program; therefore investors should review
closely the objective and strategy, the investment and operating restrictions and the redemption provisions of the Trust as outlined
herein and familiarize themselves with the risks associated with an investment in the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 23 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
liquidation of the Trust may occur at a time when the disposition of the Trust&#8217;s platinum will result in losses to investors in
Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust may have a limited duration. If certain events occur, at any time, the Trustee will have to terminate the Trust. See &#8220;Description
of the Shares and the Trust Agreement&#8212;Amendment and Termination&#8221; for more information about the termination of the Trust,
including when events outside the control of the Sponsor, the Trustee or the Shareholders may prompt the Trust&#8217;s termination.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
termination of the Trust, the Trustee will sell platinum in the amount necessary to cover all expenses of liquidation, and to pay any
outstanding liabilities of the Trust. The remaining platinum will be distributed among Authorized Participants surrendering Shares. Any
platinum remaining in the possession of the Trustee after 60 days may be sold by the Trustee and the proceeds of the sale will be held
by the Trustee until claimed by any remaining holders of Shares. Sales of platinum in connection with the liquidation of the Trust at
a time of low prices will likely result in losses, or adversely affect your gains, on your investment in Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>There
may be situations where an Authorized Participant is unable to redeem a Basket of Shares. To the extent the value of platinum decreases,
these delays may result in a decrease in the value of the platinum the Authorized Participant will receive when the redemption occurs,
as well as a reduction in liquidity for all Shareholders in the secondary market.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Although
Shares surrendered by Authorized Participants in Basket-size aggregations are redeemable in exchange for the underlying amount of platinum,
redemptions may be suspended during any period while regular trading on the Exchange is suspended or restricted, or in which an emergency
exists that makes it reasonably impracticable to deliver, dispose of, or evaluate platinum. If any of these events occurs at a time when
an Authorized Participant intends to redeem Shares, and the price of platinum decreases before such Authorized Participant is able again
to surrender Shares for redemption, such Authorized Participant will sustain a loss with respect to the amount that it would have been
able to obtain in exchange for the platinum received from the Trust upon the redemption of its Shares, had the redemption taken place
when such Authorized Participant originally intended it to occur. As a consequence, Authorized Participants may reduce their trading
in Shares during periods of suspension, decreasing the number of potential buyers of Shares in the secondary market and, therefore, decreasing
the price a Shareholder may receive upon sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
liquidity of the Shares may also be affected by the withdrawal from participation of Authorized Participants.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event that one or more Authorized Participants that have substantial interests in Shares withdraw from participation, the liquidity
of the Shares will likely decrease which could adversely affect the market price of the Shares and result in your incurring a loss on
your investment.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the JOBS Act, emerging growth companies are also permitted to elect to delay adoption of new or revised accounting standards until companies
that are not subject to periodic reporting obligations are required to comply, if such accounting standards apply to non-reporting companies.
However, the Trust has chosen to opt out of this extended transition period for complying with new or revised accounting standards. Section
107 of the JOBS Act provides that the decision to opt out of the extended transition period for complying with new or revised accounting
standards is irrevocable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust cannot predict if investors will find an investment in the Trust less attractive if it relies on these exemptions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Authorized
Participants with large holdings may choose to terminate the Trust.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holders
of 75% of the Shares have the power to terminate the Trust. This power may be exercised by a relatively small number of holders. If it
is so exercised, investors who wished to continue to invest in platinum through the vehicle of the Trust will have to find another vehicle,
and may not be able to find another vehicle that offers the same features as the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 24 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
lack of an active trading market for the Shares may result in losses on your investment at the time of disposition of your Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Although
Shares are listed for trading on the Exchange, you should not assume that an active trading market for the Shares will develop or be
maintained. If you need to sell your Shares at a time when no active market for them exists, such lack of an active market will most
likely adversely affect the price you receive for your Shares (assuming you are able to sell them).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>If
the process of creation and redemption of Baskets encounters any unanticipated difficulties, the possibility for arbitrage transactions
intended to keep the price of the Shares closely linked to the price of platinum may not exist and, as a result, the price of the Shares
may fall or otherwise diverge from NAV.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
the processes of creation and redemption of Shares (which depend on timely transfers of platinum to and by the Custodian) encounter any
unanticipated difficulties, potential market participants, such as the Authorized Participants and their customers, who would otherwise
be willing to purchase or redeem Baskets to take advantage of any arbitrage opportunity arising from discrepancies between the price
of the Shares and the price of the underlying platinum may not take the risk that, as a result of those difficulties, they may not be
able to realize the profit they expect. If this is the case, the liquidity of the Shares may decline and the price of the Shares may
fluctuate independently of the price of platinum and may fall or otherwise diverge from NAV.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As
an owner of Shares, you will not have the rights normally associated with ownership of other types of shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares
are not entitled to the same rights as shares issued by a corporation. By acquiring Shares, you are not acquiring the right to elect
directors, to receive dividends, to vote on certain matters regarding the issuer of your Shares or to take other actions normally associated
with the ownership of shares of a corporation. You will only have the limited rights described under &#8220;Description of the Shares
and the Trust Agreement.&#8221;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>As
an owner of Shares, you will not have the protections normally associated with ownership of shares in an investment company registered
under the Investment Company Act, or the protections afforded by the Commodity Exchange Act.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is not registered as an investment company for purposes of United States federal securities laws, and is not subject to regulation
by the SEC as an investment company. Consequently, the owners of Shares do not have the regulatory protections provided to investors
in registered investment companies. For example, the provisions of the Investment Company Act that limit transactions with affiliates,
prohibit the suspension of redemptions (except under certain limited circumstances) or limit sales loads, among others, do not apply
to the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust does not hold or trade in commodity futures contracts, &#8220;commodity interests&#8221;, or any other instruments regulated by
the Commodity Exchange Act, as administered by the CFTC and the National Futures Association (the &#8220;NFA&#8221;). Furthermore, the
Trust is not a commodity pool for purposes of the Commodity Exchange Act and the Shares are not &#8220;commodity interests&#8221;. Consequently,
the Trustee and Sponsor are not subject to registration as commodity pool operators or commodity trading advisors with respect to the
Trust or the Shares. The owners of Shares do not receive the Commodity Exchange Act disclosure document and certified annual report required
to be delivered by a registered commodity pool operator or a commodity trading advisor with respect to the Trust, and the owners of Shares
do not have the regulatory protections provided to investors in commodity pools operated by registered commodity pool operators or advised
by commodity trading advisors.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>An
investment in the Shares may be adversely affected by competition from other methods of investing in platinum.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust competes with other financial vehicles, including traditional debt and equity securities issued by companies in the platinum industry
and other securities backed by or linked to platinum, direct investments in platinum and investment vehicles similar to the Trust. Market
and financial conditions, and other conditions beyond the Sponsor&#8217;s control, may make it more attractive to invest in other financial
vehicles or to invest in platinum directly, which could limit the market for the Shares and reduce the liquidity of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 25 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
price of platinum may be affected by the sale of ETVs tracking the platinum market.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
the extent existing ETVs tracking the platinum market represent a significant proportion of demand for physical platinum, large redemptions
of the securities of these ETVs could negatively affect physical platinum prices and the price and NAV of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
value of the Shares will be adversely affected if platinum owned by the Trust is lost or damaged in circumstances in which the Trust
is not in a position to recover the corresponding loss.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian is responsible to the Trust for loss or damage to the Trust&#8217;s platinum only under limited circumstances. The agreements
with the Custodian contemplate that the Custodian will be responsible to the Trust only if it acts with negligence, fraud or in willful
default of its obligations under those agreements. The Custodian&#8217;s liability will not exceed the market value of the platinum credited
to the Trust Unallocated Account and the Trust Allocated Account at the time such negligence, fraud or willful default is either discovered
by or notified to the Custodian (such market value calculated using the nearest available LBMA Platinum Price PM following the occurrence
of such negligence, fraud or willful default), provided that, in the case of such discovery by or notification to the Custodian, the
Custodian notifies the Sponsor and the Trustee promptly after any discovery of such negligence, fraud or willful default. Furthermore,
the Custodian is not liable for any delay in performance, or for the non-performance, of any of its obligations under the Custody Agreements
by reason of any cause beyond the Custodian&#8217;s reasonable control, including any act of God or war or terrorism, any breakdown,
malfunction or failure of, or connected with, any communication, computer, transmission, clearing or settlement facilities, industrial
action, or acts, rules and regulations of any governmental or supra national bodies or authorities or any relevant regulatory or self-regulatory
organization.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, because the Custody Agreements are governed by English law, the holders of the Shares may have no rights against the Custodian
and any rights they may have against the Custodian will be different from, and may be more limited than, those that could have been available
to them under the laws of a different jurisdiction. The choice of English law to govern the Custody Agreements, however, is not expected
to affect any rights that the holders of the Shares may have against the Trust or the Trustee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Moreover,
the Trust may not be in a position to recover insurance proceeds in the event of any loss with respect to its platinum. The Trust does
not insure its platinum. The Custodian maintains insurance with regard to its business on such terms and conditions as it considers appropriate,
which does not cover the full amount of platinum held in custody. The Trust is not a beneficiary of any such insurance and does not have
the ability to dictate the existence, nature or amount of coverage. Therefore, Shareholders cannot be assured that the Custodian will
maintain adequate insurance or any insurance with respect to the platinum held by the Custodian on behalf of the Trust. The Custodian
and the Trustee do not require any direct or indirect subcustodians to be insured or bonded with respect to their custodial activities
or in respect of the platinum held by them on behalf of the Trust. Consequently, a loss may be suffered with respect to the Trust&#8217;s
platinum which is not covered by insurance and for which no person is liable in damages.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
loss of platinum owned by the Trust will result in a corresponding loss in the net asset value of the Trust and it is reasonable to expect
that such loss will also result in a decrease in the value at which the Shares are traded on the Exchange.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Although
the relationship between the Custodian and the Trustee concerning the Trust&#8217;s allocated platinum is expressly governed by English
law, a court hearing any legal dispute concerning that arrangement may disregard that choice of law and apply U.S. law, in which case
the ability of the Trust to seek legal redress against the Custodian may be frustrated.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
obligations of the Custodian under the Custody Agreements are governed by English law. The Trust is a New York common law trust. Any
United States, New York or other court situated in the United States may have difficulty interpreting English law (which, insofar as
it relates to custody arrangements, is largely derived from court rulings rather than statute), The London Platinum and Palladium Market
(LPPM) rules or the customs and practices in the London custody market. It may be difficult or impossible for the Trust to sue the Custodian
in a United States, New York or other court situated in the United States. In addition, it may be difficult, time consuming and/or expensive
for the Trust to enforce in a foreign court a judgment rendered by a United States, New York or other court situated in the United States.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 26 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Shareholders
and Authorized Participants lack the right under the Custody Agreements to assert claims directly against the Custodian, which significantly
limits their options for recourse.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Neither
the Shareholders nor any Authorized Participant will have a right under the Custody Agreements to assert a claim of the Trustee against
the Custodian. Claims under the Custody Agreements may only be asserted by the Trustee on behalf of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Platinum
held in the Trust Unallocated Account and any Authorized Participant&#8217;s unallocated platinum account will not be segregated from
the Custodian&#8217;s assets. If the Custodian becomes insolvent, its assets may not be adequate to satisfy a claim by the Trust or any
Authorized Participant. In addition, in the event of the Custodian&#8217;s insolvency, there may be a delay and costs incurred in identifying
the platinum bars held in the Trust Allocated Account.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
which is part of a deposit for a purchase order or part of a redemption distribution will be held for a time in the Trust Unallocated
Account and, previously or subsequently in, the unallocated platinum account of the purchasing or redeeming Authorized Participant. During
those times, the Trust and the Authorized Participant, as the case may be, will have no proprietary rights to any specific bars of platinum
held by the Custodian and will each be an unsecured creditor of the Custodian with respect to the amount of platinum held in such unallocated
accounts. In addition, if the Custodian fails to allocate the Trust&#8217;s platinum in a timely manner, in the proper amounts or otherwise
in accordance with the terms of the Trust Unallocated Account Agreement, or if a subcustodian fails to so segregate platinum held by
it on behalf of the Trust, unallocated platinum will not be segregated from the Custodian&#8217;s assets, and the Trust will be an unsecured
creditor of the Custodian with respect to the amount so held in the event of the insolvency of the Custodian. In the event the Custodian
becomes insolvent, the Custodian&#8217;s assets might not be adequate to satisfy a claim by the Trust or the Authorized Participant for
the amount of platinum held in their respective unallocated platinum accounts.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event of the insolvency of the Custodian, a liquidator may seek to freeze access to the platinum held in all of the accounts held
by the Custodian, including the Trust Allocated Account. Although the Trust would retain legal title to the allocated platinum bars,
the Trust could incur expenses in connection with obtaining control of the allocated platinum bars, and the assertion of a claim by such
liquidator for unpaid fees could delay creations and redemptions of Baskets.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>From
time to time subcustodians may be employed by the Custodian to provide temporary custody and safekeeping of the Trust&#8217;s platinum.
The obligations of any subcustodian of the Trust&#8217;s platinum are not determined by contractual arrangements but by LPPM rules and
London bullion market customs and practices, which may prevent the Trust&#8217;s recovery of damages for losses on its platinum custodied
with subcustodians.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allocated
platinum may be held by one or more subcustodians appointed by the Custodian, or employed by the subcustodians appointed by the Custodian,
until it is transported to the Custodian&#8217;s London vault premises. Under the Trust Allocated Account Agreement, subject to certain
exclusions including the Custodian&#8217;s obligation to use commercially reasonable efforts to obtain delivery of the Trust&#8217;s
platinum bars from any subcustodians appointed by the Custodian, the Custodian is not liable for the acts or omissions of its subcustodians
unless the selection of such subcustodians was made negligently or in bad faith. There are expected to be no written contractual arrangements
between subcustodians that hold the Trust&#8217;s platinum bars and the Trustee or the Custodian, because traditionally such arrangements
are based on the LPPM&#8217;s rules and on the customs and practices of the London bullion market. In the event of a legal dispute with
respect to or arising from such arrangements, it may be difficult to define such customs and practices. The LPPM&#8217;s rules may be
subject to change outside the control of the Trust. Under English law, neither the Trustee nor the Custodian would have a supportable
breach of contract claim against a subcustodian for losses relating to the safekeeping of platinum. If the Trust&#8217;s platinum bars
are lost or damaged while in the custody of a subcustodian, the Trust may not be able to recover damages from the Custodian or the subcustodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 27 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Because
neither the Trustee nor the Custodian oversees or monitors the activities of subcustodians who may temporarily hold the Trust&#8217;s
platinum bars until transported to the Custodian&#8217;s London vault, failure by the subcustodians to exercise due care in the safekeeping
of the Trust&#8217;s platinum bars could result in a loss to the Trust.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust Allocated Account Agreement, the Custodian agreed that it will hold all of the Trust&#8217;s platinum bars in its own vault
premises except when the platinum bars have been allocated in a vault other than the Custodian&#8217;s vault premises, and in such cases
the Custodian agreed that it will use commercially reasonable efforts promptly to transport the platinum bars to the Custodian&#8217;s
vault, at the Custodian&#8217;s cost and risk. Nevertheless, there may be periods of time when some portion of the Trust&#8217;s platinum
bars will be held by one or more subcustodians appointed by the Custodian or by a subcustodian of such subcustodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Custodian is required under the Trust Allocated Account Agreement to use reasonable care in appointing its subcustodians but otherwise
has no other responsibility in relation to the subcustodians appointed by it. These subcustodians may in turn appoint further subcustodians,
but the Custodian is not responsible for the appointment of these further subcustodians. The Custodian does not undertake to monitor
the performance by subcustodians of their custody functions or their selection of further subcustodians. The Trustee does not undertake
to monitor the performance of any subcustodian. Furthermore, the Trustee may have no right to visit the premises of any subcustodian
for the purposes of examining the Trust&#8217;s platinum bars or any records maintained by the subcustodian, and no subcustodian will
be obligated to cooperate in any review the Trustee may wish to conduct of the facilities, procedures, records or creditworthiness of
such subcustodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
addition, the ability of the Trustee to monitor the performance of the Custodian may be limited because under the Custody Agreements,
the Trustee and the Sponsor have only limited rights to visit the premises of the Custodian for the purpose of examining the Trust&#8217;s
platinum bars and certain related records maintained by the Custodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
value of the Shares will be adversely affected if any services provided to the Trust by the Sponsor, the Custodian or the Trustee are
suddenly or unexpectedly terminated.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
the sudden or unexpected termination, resignation or removal of any service provider to the Trust, it is possible that a comparable replacement
service provider will be available or able to be appointed without material delay. Any such unavailability or delay could cause the Trustee
to expend assets of the Trust and consequently, the NAV of the Shares, in finding a replacement service provider.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
value of the Shares will be adversely affected if the Trust is required to indemnify the Sponsor, the Trustee, or the Custodian as contemplated
in the Trust Agreement and the Custody Agreements.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust Agreement, the Sponsor and the Trustee each have the right to be indemnified from the Trust for any liability or expense it
incurs without gross negligence, bad faith, willful misconduct or willful malfeasance on its part. Similarly, the Custody Agreements
provide for indemnification of the Custodian by the Trust under certain circumstances. This means that it may be necessary to sell assets
of the Trust in order to cover losses or liability suffered by the Sponsor, the Trustee or the Custodian. Any sale of that kind would
reduce the net asset value of the Trust and the value of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
service providers engaged by the Trust may not carry adequate insurance to cover claims against them by the Trust, which could adversely
affect the value of net assets of the Trust.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee, the Custodian and other service providers engaged by the Trust maintain such insurance as they deem adequate with respect to
their respective businesses. Investors cannot be assured that any of the aforementioned parties will maintain any insurance with respect
to the Trust&#8217;s assets held or the services that such parties provide to the Trust and, if they maintain insurance, that such insurance
is sufficient to satisfy any losses incurred by them in respect of their relationship with the Trust. Accordingly, the Trust will have
to rely on the efforts of the service provider to recover from their insurer compensation for any losses incurred by the Trust in connection
with such arrangements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 28 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Sponsor and its affiliates manage other funds, including those that invest in physical platinum bullion or other precious metals, and
conflicts of interest may occur, which may reduce the value of the net assets of the Trust, the NAV and the trading price of the Shares.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor or its affiliates and associates currently engage in, and may in the future engage in, the promotion, management or investment
management of other accounts, funds or trusts that invest primarily in physical platinum bullion or other precious metals. Although officers
and professional staff of the Sponsor&#8217;s management intend to devote as much time to the Trust as is deemed appropriate to perform
their duties, the Sponsor&#8217;s management may allocate their time and services among the Trust and the other accounts, funds or trusts.
The Sponsor will provide any such services to the Trust on terms not less favorable to the Trust than would be available from a non-affiliated
party.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Sponsor and the Trustee may agree to amend the Trust Agreement without the consent of the Shareholders.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor and the Trustee may agree to amend the Trust Agreement, including to increase the Sponsor&#8217;s Fee, without Shareholder consent.
If an amendment imposes new fees and charges or increases existing fees or charges, including the Sponsor&#8217;s Fee (except for taxes
and other governmental charges, registration fees or other such expenses, or prejudices a substantial right of Shareholders), it will
become effective for outstanding Shares 30 days after notice of such amendment is given to registered owners. Shareholders that are not
registered owners (which most shareholders will not be) may not receive specific notice of a fee increase other than through an amendment
to the prospectus. Moreover, at the time an amendment becomes effective, by continuing to hold Shares, Shareholders are deemed to agree
to the amendment and to be bound by the Trust Agreement as amended without specific agreement to such increase (other than through the
&#8220;negative consent&#8221; procedure described above).</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Shareholders
could incur a tax liability without an associated distribution of the Trust.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the normal course of business it is possible that the Trust could incur a taxable gain in connection with the sale of platinum that is
otherwise not associated with a distribution. In the event that this occurs, Shareholders may be subject to tax due to the grantor trust
status of the Trust even though there is not a corresponding distribution from the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>The
Trust may be negatively impacted by the effects of the spread of illnesses or other public health emergencies on the global economy and
the markets and service providers relevant to the performance of the Trust.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An
outbreak of infectious respiratory illness caused by a novel coronavirus known as COVID-19 was first detected in China in December 2019
and has now been spread globally. This outbreak has resulted in travel restrictions, closed international borders, enhanced health screenings
at ports of entry and elsewhere, disruption of and delays in healthcare service preparation and delivery, prolonged quarantines, cancellations,
supply chain disruptions, and lower consumer demand, layoffs, defaults and other significant economic impacts, as well as general concern
and uncertainty. The impact of this outbreak has adversely affected the economies of many nations and the entire global economy and may
impact individual issuers and capital markets in ways that cannot necessarily be foreseen. Other infectious illness outbreaks that may
arise in the future could have similar impacts. Public health crises caused by the outbreak may exacerbate other pre-existing political,
social and economic risks in certain countries or globally.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
COVID-19 outbreak has had and may continue to have serious negative effects on social, economic and financial systems, including significant
uncertainty and volatility in the financial markets. For instance, the suspension of operations of mines, refineries and vaults that
extract, produce or store platinum, restrictions on travel that delay or prevent the transportation of platinum, and an increase in demand
for platinum may disrupt supply chains for platinum, which could cause secondary market spreads to widen and compromise our ability to
make settlements on time. Any inability of the Trust to issue or redeem Shares or the Custodian or any sub-custodian to receive or deliver
platinum as a result of the outbreak will negatively affect the Trust&#8217;s operations.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 29 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
duration of the outbreak and its effects cannot be determined with certainty. A prolonged outbreak could result in an increase of the
costs of the Trust, affect liquidity in the market for platinum as well as the correlation between the price of the Shares and the net
asset value of the Trust, any of which could adversely affect the value of your Shares. In addition, the outbreak could also impair the
information technology and other operational systems upon which the Trust&#8217;s service providers, including the Sponsor, the Trustee
and the Custodian, rely, and could otherwise disrupt the ability of employees of the Trust&#8217;s service providers to perform essential
tasks on behalf of the Trust. Governmental and quasi-governmental authorities and regulators throughout the world have in the past responded
to major economic disruptions with a variety of fiscal and monetary policy changes, including, but not limited to, direct capital infusions
into companies, new monetary programs and lower interest rates. An unexpected or quick reversal of these policies, or the ineffectiveness
of these policies, is likely to increase volatility in the market for platinum, which could adversely affect the price of the Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further,
the outbreak could interfere with or prevent the determination of the applicable benchmark price, which the Trustee uses to value the
platinum held by the Trust and calculate the net asset value of the Trust. The outbreak could also cause the closure of futures exchanges,
which could eliminate the ability of Authorized Participants to hedge purchases of Baskets, increasing trading costs of Shares and resulting
in a sustained premium or discount in the Shares. Each of these outcomes would negatively impact the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>War
and other geopolitical events, including but not limited to the war between Russia and Ukraine or the war between Israel and Hamas, outbreaks
or public health emergencies (as declared by the World Health Organization), the continuation or expansion of war or other hostilities,
or a prolonged government shutdown may cause volatility in the price of platinum due to the importance of a country or region to the
platinum market, market access restrictions imposed on some local platinum producers and refiners, potential impacts to global transportation
and shipping and other supply chain disruptions. These events are unpredictable and may lead to extended periods of price volatility.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
operations of the Trust, the exchanges, brokers and counterparties with which the Trust does business, and the markets in which the Trust
does business could be severely disrupted in the event of a major terrorist attack, cyber-attack, data breach, outbreak or public health
emergency as declared by the World Health Organization (such as the spread of the novel coronavirus known as COVID-19), or the continuation
or expansion of war or other hostilities.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
late February 2022, Russia launched an invasion of Ukraine, significantly amplifying already existing geopolitical tensions among Russia
and other countries in the region and in the west. The responses of countries and political bodies to Russia&#8217;s actions, the larger
overarching tensions, and Ukraine&#8217;s military response and the potential for wider conflict may increase financial market volatility
generally, have severe adverse effects on regional and global economic markets, and cause volatility in the price of platinum and the
share price of the Trust. The conflict in Ukraine, along with global political fallout and implications including sanctions, shipping
disruptions, collateral war damage, and a potential expansion of the conflict beyond Ukraine&#8217;s borders, could disturb the platinum
market. Russia is one of the world&#8217;s largest platinum producer, mining around 19.6 tonnes of platinum, or around 11% of the total
mined worldwide. On March 6, 2022, the LBMA suspended its accreditation of six Russian precious metals refiners, hence suspending their
access the world&#8217;s largest gold market. War and other geopolitical events in eastern Europe, including but not limited to Russia
and Ukraine, may cause volatility in commodity prices including precious metals prices. These events are unpredictable and may lead to
extended periods of price volatility.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
terrorist attacks, anti-terrorism initiatives, and political unrest, as well as the adverse impact the COVID-19 pandemic has had on the
global and U.S. markets and economy, continue to fuel concerns. For example, the COVID-19 pandemic may continue to adversely impact the
level of services currently provided by the U.S. government, could weaken the U.S. economy, and interfere with the commodities markets
that rely upon data published by U.S. federal government agencies. The types of events discussed above, including the COVID-19 pandemic,
are highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant
market losses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">More
generally, a climate of uncertainty and panic, including the contagion of the COVID-19 virus and other infectious viruses or diseases,
may adversely affect global, regional, and local economies and reduce the availability of potential investment opportunities, and increases
the difficulty of performing due diligence and modeling market conditions, potentially reducing the accuracy of financial projections.
Under these circumstances, the Trust may have difficulty achieving its investment objective which may adversely impact performance. Further,
such events can be highly disruptive to economies and markets, significantly disrupt the operations of individual companies (including,
but not limited to, the Sponsor and third party service providers), sectors, industries, markets, securities and commodity exchanges,
currencies, interest and inflation rates, credit ratings, investor sentiment, and other factors affecting the value of the Trust&#8217;s
assets. These factors could cause substantial market volatility, exchange trading suspensions and closures that could impact the ability
of the Trust to complete redemptions and otherwise affect Trust performance and Trust trading in the secondary market. A widespread crisis
may also affect the global economy in ways that cannot necessarily be foreseen at the current time. How long such events will last and
whether they will continue or recur cannot be predicted. Impacts from these events could have significant impact on the Trust&#8217;s
performance, resulting in losses to your investment. The current and future global economic impact may cause the underlying assumptions
and expectations of the Trust to become outdated quickly or inaccurate, resulting in significant losses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 30 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Risks
Relating to Prior Securities Issuances</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Issuances
of the Trust&#8217;s securities are subject to federal and state securities laws, and certain holders of shares of beneficial interest
issued by the Trust may be entitled to rescission.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuances
of securities are subject to federal and state securities laws. Between November 1, 2020 and December 14, 2020, the Trust issued an aggregate
of 400,000 shares representing units of fractional undivided beneficial interests in the net assets of the Trust. During such period,
the Trust&#8217;s Registration Statement on Form S-1 (File No. 333-221325) to register the November Shares was not &#8220;current&#8221;
because the registration statement had not been amended to include the Trust&#8217;s most recent audited financial statements. As a result,
the sales of the November Shares were not registered under federal and state securities laws. Consequently, purchasers of the November
Shares may seek to rescind the sales, in which case the Trust could be liable for rescission payments to them in the amount of their
aggregate original purchase price plus applicable interest. If one or more holders were to successfully seek such rescission or prevail
in any such suit, the Trust&#8217;s financial condition and results of operations may be adversely affected. As of the date hereof, the
Trust has not received any claims for rescission or damages or claims relating to any other liability stemming from the Trust&#8217;s
issuance of the November Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_001"></span>Item
1B. Unresolved Staff Comments</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_002"></span>Item
2. Properties</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_003"></span>Item
3. Legal Proceedings</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_004"></span>Item
4. Mine Safety Disclosures</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_005"></span>PART
II</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_006"></span>Item
5. Market for Registrant&#8217;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust was formed on January 11, 2018 (the &#8220;Date of Inception&#8221;) following an initial deposit of platinum. The Trust&#8217;s
Shares have been listed on the NYSE Arca under the symbol PLTM since its initial public offering on January 18, 2018. The following tables
set out the range of high and low closing prices for the Shares as reported for NYSE Arca transactions for each of the quarters during
the fiscal year ended June 30, 2025:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Fiscal
Year Ended June 30, 2025: Quarter Ended</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="text-align: justify">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">High</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Low</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%; text-align: justify">September 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">9.97</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">8.79</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">December 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">10.14</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.72</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">March 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.71</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.94</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">June 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">13.65</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.87</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
number of outstanding Shares of the Trust as of August 08, 2025 was 700,000.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>


<!-- Field: Page; Sequence: 31 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Fiscal
Year Ended June 30, 2025: Monthly Share Price</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following table sets forth, for each month since inception, the high and low closing prices of the Shares, as reported for NYSE Arca
transactions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="text-align: justify">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">High</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Low</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%; text-align: justify">July 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">9.97</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">9.09</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">August 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.49</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.85</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">September 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.80</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.79</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">October 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">10.14</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.22</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">November 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.81</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.98</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">December 2024</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.21</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.72</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">January 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.49</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.94</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">February 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.68</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.15</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">March 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.71</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.22</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">April 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.60</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">8.87</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: justify">May 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">10.60</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">9.26</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">June 2025</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">13.65</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">10.41</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Issuer
Purchase of Shares</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust issues and redeems Shares only with Authorized Participants in exchange for platinum, only in aggregations of 50,000 Shares or
integral multiples thereof. A list of current Authorized Participants is available from the Sponsor or the Trustee and is included in
Item 7 of this report. Although the Trust does not purchase Shares directly from its Shareholders in connection with the redemption of
Baskets, the Trust redeemed as follows during the fiscal year ended June 30, 2025:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid">Month</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="margin-top: 0; margin-bottom: 0">Total number of</p>
                                                                               <p style="margin-top: 0; margin-bottom: 0">Shares redeemed</p></td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="margin-top: 0; margin-bottom: 0">Average ounces of</p>
                                                                               <p style="margin-top: 0; margin-bottom: 0">platinum per Share</p></td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">July 2024</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt">August 2024</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">September 2024</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt">October 2024</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">November 2024</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt; width: 60%">December 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 16%; text-align: right">200,000</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td style="width: 16%; text-align: right">0.009655</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">January 2025</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt">February 2025</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">March 2025</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">150,000</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">0.009649</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt">April 2025</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt">May 2025</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt; padding-bottom: 1pt">June 2025</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">650,000</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">0.009639</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Total</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1,000,000</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">0.009644</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 32 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_007"></span>Item
6. Selected Financial Data</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following selected financial data for the reporting periods should be read in conjunction with the Trust&#8217;s financial statements
and related notes and <i>Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations.</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2024</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">(Amounts in 000&#8217;s of US$, except per Share data)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 60%; text-align: left">Total assets</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">88,487</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">43,136</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Total gain / (loss) on platinum</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">20,328</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">4,956</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Change in net assets from operations</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">20,085</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">4,768</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Weighted average number of Shares (in 000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">5,057</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,139</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net increase / (decrease) in net assets per Share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">3.97</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">1.15</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_008"></span>Item
7. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
information should be read in conjunction with the financial statements and notes to the financial statements included with this report.
The discussion and analysis that follows may contain statements that relate to future events or future performance. In some cases, such
forward-looking statements can be identified by terminology such as &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;plan,&#8221;
&#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;estimate,&#8221; &#8220;predict,&#8221; &#8220;potential&#8221; or the negative
of these terms or other comparable terminology. We remind readers that forward-looking statements are merely predictions and therefore
inherently subject to uncertainties and other factors and involve known and unknown risks that could cause the actual results, performance,
levels of activity, or our achievements, or industry results, to be materially different from any future results, performance, levels
of activity, or our achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date hereof. The Trust undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Introduction.</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
GraniteShares Platinum Trust (the &#8220;Trust&#8221;) is a trust formed under the laws of the State of New York. The Trust does not
have any officers, directors, or employees, and is administered by The Bank of New York Mellon (the &#8220;Trustee&#8221;) acting as
trustee pursuant to the Depositary Trust Agreement (the &#8220;Trust Agreement&#8221;) between the Trustee and GraniteShares LLC, the
sponsor of the Trust (the &#8220;Sponsor&#8221;). The Trust issues Shares representing fractional undivided beneficial interests in its
net assets. The assets of the Trust consist of platinum bullion held by a custodian as an agent of the Trust and responsible only to
the Trustee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is a passive investment vehicle and the objective of the Trust is for the value of each Share to approximately reflect, at any
given time, the price of the platinum bullion owned by the Trust, less the Trust&#8217;s liabilities (anticipated to be principally for
accrued operating expenses), divided by the number of outstanding Shares. The Trust does not engage in any activities designed to obtain
a profit from, or ameliorate losses caused by, changes in the price of platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust issues and redeems Shares only in exchange for platinum, only in aggregations of 50,000 or integral multiples thereof (each, a
&#8220;Basket&#8221;), and only in transactions with registered broker-dealers or other securities market participants not required to
register as broker-dealers, such as a bank or other financial institution, that (1) are participants in DTC and (2) have previously entered
into an agreement with the Trust governing the terms and conditions of such issuance (such dealers, the &#8220;Authorized Participants&#8221;).
As of the date of this annual report the Authorized Participants that have signed an Authorized Participant Agreement with the J.P. Morgan
Securities Inc., Merrill Lynch Professional Clearing Corp., and Virtu Financial BD, LLC.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares
of the Trust trade on the NYSE Arca under the symbol &#8220;PLTM&#8221;.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investing
in the Shares does not insulate the investor from certain risks, including price volatility. The following graph illustrates the movement
in the net asset value (&#8220;NAV&#8221;) of the Shares against the corresponding platinum price (per 1/100 of an oz. of platinum) since
inception:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 33 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">NAV
per Share vs. 1/100th platinum price from the January 11, 2018 (the Date of Inception) to June 30, 2025<sup>(1)</sup></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><img src="form10-k_002.jpg" alt="" style="width: 570px"/><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup>(1)
</sup>Adjusted for effect of stock split. The stock split was effective on March 11, 2019. See Note 1 to the Financial Statements</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Source:
Bloomberg</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
divergence of the NAV per Share from the platinum price over time reflects the cumulative effect of the Trust expenses that arise if
an investment had been held since inception.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Critical
Accounting Policy</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States
of America. The preparation of these financial statements relies on estimates and assumptions that impact the Trust&#8217;s financial
position and results of operations. These estimates and assumptions affect the Trust&#8217;s application of accounting policies. Below
we describe the valuation of platinum bullion, a critical accounting policy that we believe is important to understanding our results
of operations and financial position. In addition, please refer to Note 2 to the Financial Statements for further discussion of our accounting
policies.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Valuation
of Platinum</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
is held by the Custodian on behalf of the Trust. Platinum is recorded at fair value. The cost of platinum is determined according to
the average cost method and the fair value is based on the LBMA Platinum Price PM. Realized gains and losses on transfers of platinum,
or platinum distributed for the redemption of Shares, are calculated on a trade date basis as the difference between the fair value and
cost of platinum transferred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2024</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">(Amounts in 000&#8217;s of US$)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 60%; text-align: left">Investment in platinum - cost</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">65,762</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">43,369</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Unrealized gain / (loss) on investment in platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">19,473</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(233</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Investment in platinum - fair value</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">85,235</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">43,136</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Inspection
of Platinum</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Custody Agreements, the Trustee, the Sponsor and the Sponsor&#8217;s auditors and inspectors may, only up to twice a year, visit
the premises of the Custodian for the purpose of examining the Trust&#8217;s platinum and certain related records maintained by the Custodian.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 34 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has exercised its right to visit the Custodian in order to examine the platinum and the records maintained by them. The most
recent inspection by Bureau Veritas, a leading commodity inspection and testing company retained by the Sponsor, of the Custodian was
conducted as of June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Liquidity</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is not aware of any trends, demands, conditions or events that are reasonably likely to result in material changes to its liquidity
needs. In exchange for a fee (the &#8220;Sponsor&#8217;s Fee&#8221;), the Sponsor has agreed to assume most of the expenses incurred
by the Trust. As a result, the only expense of the Trust during the period covered by this report was the Sponsor&#8217;s Fee. The Trust&#8217;s
only source of liquidity is its transfers and sales of platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trustee will, at the direction of the Sponsor or in its own discretion, sell the Trust&#8217;s platinum as necessary to pay the Trust&#8217;s
expenses not otherwise assumed by the Sponsor. The Trustee will not sell platinum to pay the Sponsor&#8217;s Fee but will pay the Sponsor&#8217;s
Fee through in-kind transfers of platinum to the Sponsor. At June 30, 2025 the Trust did not have any cash balances.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Review
of Financial Results</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Financial
Highlights</span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2024</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">(Amounts in 000&#8217;s of US$)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 60%; text-align: left">Total gain / (loss) on platinum</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">20,328</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">4,956</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Change in net assets from operations</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">20,085</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">4,768</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net increase (decrease) in net assets per share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">3.97</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">1.15</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Fiscal
year ended June 30, 2025</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s NAV increased from $ 43,119,274 on June 30, 2024 to $ 85,206,010 on June 30, 2025, a 97.61% increase for the year. The
increase in the Trust&#8217;s NAV resulted primarily from an increase in outstanding Shares from 4,400,000 Shares on June 30, 2024
to 6,550,000 Shares on June 30, 2025, a result of 3,150,000 Shares (63 Baskets) being created and 1,000,000 Shares (20 Baskets)
being redeemed during that period (a 48.86% increase), as well as an increase in the platinum price from $1,012 per ounce on June
30, 2024 to $1,350 per ounce on June 30, 2025, a 33.40% increase.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
NAV per Share increased 32.76% from $ 9.80 on June 30, 2024 to $13.01 on June 30, 2025. The Trust&#8217;s NAV per Share increased slightly
less than the price per ounce of platinum on a percentage basis due to the Sponsor&#8217;s Fee, which was $242,983 for the year, or 0.50
% of the Trust&#8217;s assets on an annualized basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Fiscal
year ended June 30, 2024</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><br/>
The Trust&#8217;s NAV increased from $ 34,919,057 on June 30, 2023 to $ 43,119,274 on June 30, 2024, a 23.48% decrease for the year.
The increase in the Trust&#8217;s NAV resulted primarily from an increase in outstanding Shares from 4,000,000 Shares on June 30, 2023
to 4,400,000 Shares on June 30, 2024, a result of 850,000 Shares (17 Baskets) being created and 450,000 Shares (9 Baskets) being redeemed
during that period</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
NAV per Share increased 12.26% from $ 8.73 on June 30, 2023 to $9.80 on June 30, 2024. The price per ounce of platinum increased 12.82%
$ 897 on June 30, 2023 to $1,012 on June 30, 2024. The Trust&#8217;s NAV per Share decreased slightly more than the price per ounce of
platinum on a percentage basis due to the Sponsor&#8217;s Fee, which was $187,695 for the year, or 0.50% of the Trust&#8217;s assets
on an annualized basis</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 35 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Fiscal
year ended June 30, 2023</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s NAV decreased from $44,801,455 on June 30, 2022 to $34,919,057 on June 30, 2023, a 22.1% decrease for the year. The decrease
in the Trust&#8217;s NAV resulted primarily from a decrease in outstanding Shares from 5,050,000 Shares on June 30, 2022 to 4,000,000
Shares on June 30, 2023, a result of 350,000 Shares (7 Baskets) being created and 1,400,000 Shares (28 Baskets) being redeemed during
that period</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
NAV per Share decreased 1.6% from $8.87 on June 30, 2022 to $8.73 on June 30, 2023. The price per ounce of platinum decreased 1.1%
from $907.00 on June 30, 2022 to $897 on June 30, 2024. The Trust&#8217;s NAV per Share decreased slightly more than the price per
ounce of platinum on a percentage basis due to the Sponsor&#8217;s Fee, which was $216,715 for the year, or 0.50% of the
Trust&#8217;s assets on an annualized basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Off-Balance
Sheet Arrangements</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is not a party to any off-balance sheet arrangements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_009"></span>Item
7A. Quantitative and Qualitative Disclosures about Market Risk</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust Agreement does not authorize the Trustee to borrow for payment of the Trust&#8217;s ordinary expenses. The Trust does not engage
in transactions in foreign currencies which could expose the Trust or holders of Shares to any foreign currency related market risk.
The Trust invests in no derivative financial instruments and has no foreign operations or long-term debt instruments.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_010"></span>Item
8. Financial Statements and Supplementary Data <i>(Unaudited)</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Quarterly
Income Statements</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fiscal
year ended June 30, 2025</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center">Three months ended</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Year ended</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid">(Amounts in 000&#8217;s of US$, except for Share and per Share data)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">September 30,<br/> 2024</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31,<br/> 2024</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31,<br/> 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2025</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 25%; text-align: left; padding-bottom: 1pt">Sponsor&#8217;s Fee</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">52</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">55</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">62</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">74</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">243</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Total expenses</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">52</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">55</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">62</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">74</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">243</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Net investment loss</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(52</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(55</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(62</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(74</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(243</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left">Net realized and unrealized gain (loss)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Realized gain/(loss) on platinum sold to pay expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(3</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(4</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(2</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">3</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(6</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Realized gain/(loss) on platinum distributed for the redemption of Shares</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(154</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(25</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">807</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">628</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized gain / (loss) on investment in platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,149</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,173</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,096</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">19,932</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">19,706</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Total gain / (loss) on platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,152</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,331</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,069</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">20,742</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">20,328</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in net assets from operations</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,204</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,386</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">4,007</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">20,668</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">20,085</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net increase / (decrease) in net assets per Share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.27</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.71</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">0.75</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">3.59</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">3.97</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Weighted average number of Shares (000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,400</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,739</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">5,342</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">5,763</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">5,057</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 24px; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup>(1)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amounts
    do not round to $1</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 36 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fiscal
year ended June 30, 2024</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center">Three months ended</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Year ended</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid">(Amounts in 000&#8217;s of US$, except for Share and per Share data)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">September 30,<br/> 2023</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31,<br/> 2023</td>
    <td style="text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31,<br/> 2024</td>
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2024</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2024</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>EXPENSES</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 25%; text-align: left; padding-bottom: 1pt">Sponsor&#8217;s Fee</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">47</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">45</td>
    <td style="padding-bottom: 1pt; width: 1%; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">45</td>
    <td style="padding-bottom: 1pt; width: 1%; text-align: right">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">51</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">188</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Total expenses</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">47</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">45</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">45</td>
    <td style="padding-bottom: 1pt; text-align: right">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">51</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">188</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Net investment loss</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(47</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(45</td>
    <td style="padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(45</td>
    <td style="padding-bottom: 1pt; vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(51</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(188</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">REALIZED AND UNREALIZED GAINS / (LOSSES)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Realized gain/(loss) on platinum sold to pay expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(6</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(6</td>
    <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(5</td>
    <td style="vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(3</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(20</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Realized gain/(loss) on platinum distributed for the redemption of Shares</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(168</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(44</td>
    <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">) </span></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">-</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">1</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(211</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized gain / (loss) on investment in platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,487</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">3,353</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,875</td>
    <td style="padding-bottom: 1pt; vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,222</td><td style="padding-bottom: 1pt; text-align: left"/><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">5,187</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Total gain / (loss) on platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,313</td><td style="padding-bottom: 1pt; text-align: left"/><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">3,303</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,880</td>
    <td style="padding-bottom: 1pt; vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,220</td><td style="padding-bottom: 1pt; text-align: left"/><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">4,956</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in net assets from operations</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">1,266</td><td style="padding-bottom: 1pt; text-align: left"/><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">3,258</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,925</td>
    <td style="padding-bottom: 1pt; vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">4,169</td><td style="padding-bottom: 1pt; text-align: left"/><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">4,768</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net increase / (decrease) in net assets per Share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">0.31</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">0.80</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.96</td>
    <td style="vertical-align: bottom; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">0.98</td><td style="text-align: left"/><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">1.15</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Weighted average number of Shares (000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,120</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,059</td>
    <td style="text-align: left"/><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,108</td>
    <td style="text-align: right">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,268</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,139</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup>(1)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amounts
    do not round to $1</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fiscal
year ended June 30, 2023</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center">Three months ended</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">Year ended</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid">(Amounts in 000&#8217;s of US$, except for Share and per Share data)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">September 30,<br/> 2022</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">December 31,<br/> 2022</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">March 31,<br/> 2023</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2023</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30,<br/> 2023</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>EXPENSES</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="width: 25%; text-align: left; padding-bottom: 1pt">Sponsor&#8217;s Fee</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">54</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">54</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">57</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">52</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 11%; text-align: right">217</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Total expenses</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">54</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">54</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">57</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">52</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">217</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Net investment loss</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(54</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(54</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(57</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(52</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(217</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">REALIZED AND UNREALIZED GAINS / (LOSSES)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Realized gain/(loss) on platinum sold to pay expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(10</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(5</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(2</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">-</td><td style="text-align: left"><sup>(1)</sup></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(17</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Realized gain/(loss) on platinum distributed for the redemption of Shares</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(739</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(4</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(108</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">615</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(236</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized gain / (loss) on investment in platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(1,426</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">9,176</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,791</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(2,820</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,139</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Total gain / (loss) on platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(2,175</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">9,167</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,901</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(2,205</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">886</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in net assets from operations</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(2,229</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">9,113</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(3,958</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(2,257</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">669</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net increase / (decrease) in net assets per Share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.45</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">1.98</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.84</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">(0.54</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right">0.15</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Weighted average number of Shares (000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,904</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,603</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,731</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,138</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">4,595</td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup>(1)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amounts
    do not round to $1</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 37 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_011"></span>Item
9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">None.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_012"></span>Item
9A. Controls and Procedures</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Conclusion
Regarding the Effectiveness of Disclosure Controls and Procedures</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in its Exchange
Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission&#8217;s
rules and forms, and that such information is accumulated and communicated to the Chief Executive Officer and Chief Financial Officer
of the Sponsor, and to the audit committee, as appropriate, to allow timely decisions regarding required disclosure.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the supervision and with the participation of the Chief Executive Officer and the Chief Financial Officer of the Sponsor, the Sponsor
conducted an evaluation of the Trust&#8217;s disclosure controls and procedures, as defined under Exchange Act Rule 13a-15(e) and 15d-15(e).
Based on this evaluation, the Chief Executive Officer and the Chief Financial Officer of the Sponsor concluded that, as of June 30, 2025,
the Trust&#8217;s disclosure controls and procedures were effective.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
have been no changes in the Trust&#8217;s or Sponsor&#8217;s internal control over financial reporting that occurred during the Trust&#8217;s
recently completed fiscal quarter ended June 30, 2025 that have materially affected, or are reasonably likely to materially affect, the
Trust&#8217;s or Sponsor&#8217;s internal control over financial reporting.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Management&#8217;s
Report on Internal Control over Financial Reporting</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor&#8217;s management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined
under Exchange Act Rules 13a-15(f) and 15d-15(f). The Trust&#8217;s internal control over financial reporting is a process designed to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external
purposes in accordance with accounting principles generally accepted in the United States. Internal control over financial reporting
includes those policies and procedures that:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)
pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of
the Trust&#8217;s assets;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance
with generally accepted accounting principles, and that the Trust&#8217;s receipts and expenditures are being made only in accordance
with appropriate authorizations; and</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)
provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Trust&#8217;s
assets that could have a material effect on the financial statements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of
any evaluation of effectiveness to future periods are subject to the risk that controls may become ineffective because of changes in
conditions, or that the degree of compliance with the policies or procedures may deteriorate.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer of the Sponsor assessed the effectiveness of the Trust&#8217;s
internal control over financial reporting as of June 30, 2025. In making this assessment, they used the criteria set forth by the Committee
of Sponsoring Organizations of the Treadway Commission (COSO) in <i>Internal Control&#8212;Integrated Framework (2013)</i>. Their assessment
included an evaluation of the design of the Trust&#8217;s internal control over financial reporting and testing of the operational effectiveness
of its internal control over financial reporting. Based on their assessment and those criteria, the Chief Executive Officer and Chief
Financial Officer of the Sponsor concluded that the Trust maintained effective internal control over financial reporting as of June 30,
2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_013"></span>Item
9B. Other Information</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90E_ecustom--NoInsiderTradingFlag_dbT_c20240701__20250630_zKCTBqlQwGR6" title="No insider trading flag"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" format="ixt:booleantrue" id="Fact000044" name="PLTM:NoInsiderTradingFlag">No</ix:nonNumeric></span>t
applicable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 38 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_014"></span>PART
III</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_015"></span>Item
10. Directors, Executive Officers and Corporate Governance</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust does not have any directors, officers or employees. The creation and operation of the Trust has been arranged by the Sponsor. The
Sponsor is not governed by a board of directors. The principals and executive officers of the Sponsor are as follows:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>William
Rhind</i></b> has been the Chief Executive Officer (&#8220;CEO&#8221;) and Chief Financial Officer (&#8220;CFO&#8221;) of the Sponsor
since its inception on January 6, 2017. Prior to forming the Sponsor and becoming its CEO and CFO, Mr. Rhind was the CEO of World Gold
Trust Services, LLC (&#8220;WGTS&#8221;) from September 2014 to February 2016. WGTS is the sponsor of SPDR&#174; Gold Trust, the largest
gold fund in the world, and is a wholly-owned subsidiary of the World Gold Council, a market development organization for the gold industry.
Mr. Rhind also served as the Managing Director, Institutional Investment, of the World Gold Council from September 2013 to February 2016.
From March 2007 to September 2013, Mr. Rhind was employed by ETF Securities Ltd (&#8220;ETF Securities&#8221;), an independent exchange-traded
product provider, in a number of leadership roles, including as Managing Director from June 2009 to September 2013. In that role, Mr.
Rhind managed the company&#8217;s U.S. exchange traded fund business. Prior to joining ETF Securities, Mr. Rhind was a Principal for
the iShares unit of Barclays Global Investors. He began his career as an investment banking analyst at Nomura International in London.
Mr. Rhind earned a Bachelor of Arts in Modern Languages (French &amp; Russian) and European Studies from the University of Bath in England.
Mr. Rhind is 44 years old.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Benoit
Autier</i></b> has been the Chief Accounting Officer (&#8220;CAO&#8221;) and Head of Products of the Sponsor since its inception on January
6, 2017. Mr. Autier was previously the Head of Product Management for the World Gold Council from September 2015 to October 2016. From
January 2015 to September 2015, Mr. Autier was the President of ETF Securities Advisors, LLC, an affiliate of ETF Securities. As President,
Mr. Autier managed all aspects of implementation of ETF Securities&#8217; platform for funds registered under the Investment Company
Act of 1940, as amended. Mr. Autier was also the Head of Product Management of ETF Securities from July 2005 to September 2015. Mr. Autier
designed and implemented operational processes for over 300 European and U.S. financial products in that role. Mr. Autier previously
was employed by Flow Traders, one of the leading market makers in Europe for exchange-traded commodities; by KPMG in Paris as a senior
consultant; and by Ernst and Young Corporate Finance. Mr. Autier holds a Masters in Finance from London Business School. Mr. Autier is
48 years old.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_016"></span>Item
11. Executive Compensation</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust has no directors or executive officers. The only ordinary expense paid by the Trust is the Sponsor&#8217;s Fee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_017"></span>Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Security
Ownership of Certain Beneficial Owners</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has no knowledge of any person being the direct or indirect beneficial owner of more than 5% of the Shares of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust Agreement, Shareholders have no voting rights, except in limited circumstances. The Trustee may terminate the Trust upon the
agreement of Shareholders owning at least 75% of the outstanding Shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Security
Ownership of Management</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Change
In Control</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Neither
the Sponsor nor the Trustee knows of any arrangements which may subsequently result in a change in control of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_018"></span>Item
13. Certain Relationships and Related Transactions, and Director Independence</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust has no directors or executive officers.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_019"></span>Item
14. Principal Accounting Fees and Services</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fees
for services performed by Tait, Weller &amp; Baker, LLP, for the fiscal years ended June 30, 2025 and 2024 respectively:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2025</td><td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center">June 30, 2024</td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%; text-align: justify">Audit fees &#8211; Tait, Weller &amp; Baker</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">23,500</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">23,000</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: justify">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 1pt">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">23,500</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">23,000</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Audit
Fees are fees paid by the Sponsor to Tait Weller &amp; Baker LLP for professional services for the audit of the Trust&#8217;s financial
statements included in the Form 10-K and review of financial statements included in the Form 10-Qs, and for services that are normally
provided by the accountants in connection with regulatory filings or engagements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Pre-Approval
Policies and Procedures</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
referenced in Item 10 above, the Trust has no board of directors, and as a result, has no pre-approval policies or procedures with respect
to fees paid to Tait Weller &amp; Baker LLP. Such determinations are made by the Sponsor.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 39 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_020"></span>PART
IV</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_021"></span>Item
15. Exhibits, Financial Statement Schedules</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.
Financial Statements</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
Index to Financial Statements on Page F-1 for a list of the financial statements being filed herein.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2.
Financial Statement Schedules</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedules
have been omitted since they are either not required, not applicable, or the information has otherwise been included.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3.
Exhibits</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit
    No.</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 0.1in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Description</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315218000464/ex4-1.htm" style="-sec-extract: exhibit">Depositary Trust Agreement between GraniteShares LLC, as sponsor, and The Bank of New York Mellon, as trustee(2)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000138713117005281/ex4-2.htm" style="-sec-extract: exhibit">Form of Authorized Participant Agreement(1)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315218000464/ex4-1.htm" style="-sec-extract: exhibit">Certificate of Shares of the Trust (included as Exhibit A to the Depositary Trust Agreement)(2)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315218000464/ex10-1.htm" style="-sec-extract: exhibit">Allocated Platinum Account Agreement(2)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315218000464/ex10-2.htm" style="-sec-extract: exhibit">Unallocated Platinum Account Agreement(2)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.3</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315220024438/ex10-3.htm" style="-sec-extract: exhibit">Marketing Agent Services Agreement between GraniteShares LLC and ALPS Distributors, Inc. (3)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.4.a</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000138713117005281/ex10-4a.htm" style="-sec-extract: exhibit">License Agreement between The Bank of New York Mellon and GraniteShares LLC(1)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.4.b</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="https://www.sec.gov/Archives/edgar/data/1690842/000149315218000464/ex10-4b.htm" style="-sec-extract: exhibit">Amendment to License Agreement between The Bank of New York Mellon and GraniteShares LLC(2)</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex31-1.htm">Chief Executive Officer and Chief Financial Officer&#8217;s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">31.2</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex31-2.htm">Chief Accounting Officer&#8217;s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">32.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex32-1.htm">Chief Executive Officer and Chief Financial Officer&#8217;s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">32.2</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex32-2.htm">Chief Accounting Officer&#8217;s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*</a></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.INS</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Instance Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.SCH</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Taxonomy Extension Schema Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.CAL</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Taxonomy Extension Calculation Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.DEF</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Taxonomy Extension Definitions Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.LAB</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Taxonomy Extension Labels Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">101.PRE</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inline
    XBRL Taxonomy Extension Presentation Document</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cover
    Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
Filed herewith.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)
Previously filed as an exhibit to the Registrant&#8217;s Registration Statement on Form S-1 (333-221325), filed on November 03, 2017
and incorporated by reference herein.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)
Previously filed as an exhibit to the Registrant&#8217;s Registration Statement on Form S-1 (333-221325), filed on January 12, 2018 and
incorporated by reference herein.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)
Previously filed as an exhibit to the Registrant&#8217;s Registration Statement on Form 8-K (333-221325), filed on December 29, 2020
and incorporated by reference herein.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_022"></span>Item
16. Form 10-K Summary</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.65pt; text-indent: -36.75pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
applicable.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 35.65pt; text-indent: -36.75pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 40 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="ann_023"></span>SIGNATURES</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned in the capacities thereunto duly authorized.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GraniteShares
    LLC</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sponsor
    of the GraniteShares Platinum Trust</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Registrant)</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    August 08, 2025</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>/s/
    William Rhind</i></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">William
    Rhind*</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">CEO
    and CFO</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    August 08, 2025</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>/s/
    Benoit Autier</i></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benoit
    Autier*</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Accounting Officer</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 4.5pt; text-align: justify; text-indent: -4.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">*The
Registrant is a trust and the persons are signing in their capacities as officers of GraniteShares LLC, the Sponsor of the Registrant.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 41 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">FINANCIAL
STATEMENTS AS OF JUNE 30, 2025</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">INDEX</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 48px; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Page</b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_001">Report of Independent Registered Public Accounting Firm</a> (PCAOB ID: 00<span id="xdx_905_edei--AuditorFirmId_c20240701__20250630_zQpSAZ8VyIY3"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000045" name="dei:AuditorFirmId">445</ix:nonNumeric></span>) </span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-2</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_002">Statements
    of Assets and Liabilities at June 30, 2025 and 2024</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-3</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_003">Schedules
    of Investments at June 30, 2025 and 2024</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-4</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_004">Statements
    of Operations for the fiscal period ended June 30, 2025, 2024 and 2023</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-5</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_005">Statements
    of Changes in Net Assets for the fiscal period ended June 30, 2025, 2024 and 2023</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-6</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white">
    <td style="font: 10pt Times New Roman, Times, Serif"><a href="#an_006">Financial
    Highlights for the years ended June 30, 2025, 2024 and 2023</a></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-7</span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="#an_007">Notes to the Financial Statements</a></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-8</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 42; Options: NewSection; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="border-bottom: Black 1pt solid; padding-bottom: 2pt; width: 33%"><img src="audit_001.jpg" alt=""/></td>
  <td style="border-bottom: Black 1pt solid; padding-bottom: 2pt; width: 34%">&#160;</td>
  <td style="border-bottom: Black 1pt solid; padding-bottom: 2pt; text-align: right; width: 33%; vertical-align: bottom"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="letter-spacing: 0.1pt">taitweller.com</span></p></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_001"></span>REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">To Management of the Trust&#8217;s Sponsor and Shareholders of</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>GraniteShares Platinum Trust</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Opinion on the Financial Statements</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We have audited the accompanying statements of
assets and liabilities of GraniteShares Platinum Trust (the &#8220;Trust&#8221;), including the schedules of investments, as of June 30,
2025 and 2024, the related statements of operations, the statements of changes in net assets, and the financial highlights for each of
the years in the three-year period ended June 30, 2025, and the related notes (collectively referred to as the &#8220;financial statements&#8221;).
In our opinion, the financial statements present fairly, in all material respects, the financial position of the Trust as of June 30,
2025 and 2024, and the results of its operations, the changes in its net assets, and the financial highlights for each of the years in
the three-year period ended June 30, 2025, in conformity with U.S. generally accepted accounting principles.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Basis for Opinion</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These financial statements are the responsibility
of the management of GraniteShares LLC (the Trust&#8217;s sponsor). Our responsibility is to express an opinion on the Trust&#8217;s financial
statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United
States) (&#8220;PCAOB&#8221;) and are required to be independent with respect to the Trust in accordance with the U.S. federal securities
laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We have served as the auditor of
one or more GraniteShares LLC investment companies since 2019.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We conducted our audits in accordance with the
standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement, whether due to error or fraud. The Trust is not required to have, nor were we engaged to
perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Trust&#8217;s
internal control over financial reporting. Accordingly, we express no such opinion.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our audits included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Critical Audit Matter</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-weight: normal">The critical
audit matter communicated below is a matter arising from the current period audit of the financial statements that was communicated or
required to be communicated to management of the Trust&#8217;s Sponsor and that: (1) relates to accounts or disclosures that are material
to the financial statements and (2) involved our especially challenging, subjective, or complex judgements. The communication of a critical
audit matter does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the
critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Evaluation of the evidence pertaining to the existence of the platinum
holdings</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As disclosed in the schedule of investments, as
of June 30, 2025, the Trust&#8217;s market value of platinum holdings was $85,235,432 representing 100.03% of the Trust&#8217;s net assets
and 63,137.357 ounces of platinum holdings. The investments in platinum was held by a third-party custodian (the &#8220;Custodian&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We identified the evaluation of the evidence pertaining to the existence
of the platinum holdings as a critical audit matter. Given the nature and volume of platinum holdings, subjective auditor judgement was
required to evaluate the extent and nature of evidence obtained to assess the quantity of platinum held by the Custodian.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following are the primary procedures we performed
to address the critical audit matter. We obtained a schedule directly from the Custodian of the Trust&#8217;s platinum holdings held by
the Custodian as of June 30, 2025. We compared the total ounces on such schedule to the Trust&#8217;s record of platinum holdings. We
also obtained the results of the physical count and brand purity of the Trust&#8217;s platinum holdings performed at the Custodian&#8217;s
location by a third party directly from such third party and reconciled the results to the Trust&#8217;s and Custodian&#8217;s record
of holdings.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%"><span id="xdx_90A_edei--AuditorName_c20240701__20250630_zjamXYDFyd16" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000046" name="dei:AuditorName">TAIT,
    WELLER &amp; BAKER LLP</ix:nonNumeric></b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_907_edei--AuditorLocation_c20240701__20250630_zLvl5VaMjo91" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000047" name="dei:AuditorLocation">Philadelphia,
    Pennsylvania</ix:nonNumeric></b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>August
    08, 2025</b></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 43; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_002"></span>Statements
of Assets and Liabilities</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
June 30, 2025 and 2024</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_301_111_pn3n3_zopGslwBZA9k" summary="xdx: Statement - Statements of Assets and Liabilities" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$ except share and per share data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49F_20250630_zdsE7oeO5ta5" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, <br/> 2025</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_499_20240630_zlkXbt430sv2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, <br/> 2024</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr id="xdx_405_eus-gaap--AssetsAbstract_iB_z5xssRzsz8Gl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Assets</td><td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; text-align: right">&#160;</td><td style="font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold; text-align: left">&#160;</td><td style="font-weight: bold; text-align: right">&#160;</td><td style="font-weight: bold; text-align: left">&#160;</td></tr>
  <tr id="xdx_403_eus-gaap--InvestmentInPhysicalCommodities_i01I_pn3n3_maAz18T_zWsPcfcpdTyb" style="vertical-align: bottom; background-color: White">
    <td style="width: 60%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment in platinum, at fair value<sup id="xdx_F4F_zHDxxLNLBgg4">(1)</sup></span></td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30" id="Fact000052" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30" id="Fact000053" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr id="xdx_40C_eus-gaap--OtherReceivables_i01I_pn3n3_maAz18T_z9jBUWPMrbPb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Platinum receivable for fund shares sold</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:OtherReceivables" contextRef="AsOf2025-06-30" id="Fact000055" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,252</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0056">-</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_40B_eus-gaap--Assets_i01TI_maCzDtt_mtAz18T_zs7kPesUuny4" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 2.5pt">Total Assets</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:Assets" contextRef="AsOf2025-06-30" id="Fact000058" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">88,487</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:Assets" contextRef="AsOf2024-06-30" id="Fact000059" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_40D_eus-gaap--LiabilitiesAbstract_iB_zWoyNzVTSAgd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Liabilities</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_409_ecustom--PayableForPlatinumPurchased_i01I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maCz5fg_zkgfvA6PA85l" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Pa<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">yable for platinum purchased</span></td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><p style="margin: 0pt 0"><ix:nonFraction name="PLTM:PayableForPlatinumPurchased" contextRef="AsOf2025-06-30_us-gaap_RelatedPartyMember" id="Fact000064" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,252</ix:nonFraction></p></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40E_eus-gaap--AccountsPayableCurrentAndNoncurrent_i01I_hus-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_maCz5fg_zUVvyfqS2ri5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Fees payable to Sponsor</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:AccountsPayableCurrentAndNoncurrent" contextRef="AsOf2025-06-30_us-gaap_RelatedPartyMember" id="Fact000067" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">29</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:AccountsPayableCurrentAndNoncurrent" contextRef="AsOf2024-06-30_us-gaap_RelatedPartyMember" id="Fact000068" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">17</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_407_eus-gaap--Liabilities_i01TI_mtCz5fg_msCzDtt_znMQuukN7KAk" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 2.5pt">Total Liabilities</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:Liabilities" contextRef="AsOf2025-06-30" id="Fact000070" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,281</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:Liabilities" contextRef="AsOf2024-06-30" id="Fact000071" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">17</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_400_eus-gaap--AssetsNet_iTI_mtCzDtt_zEBXCa7ZIUjl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net Assets</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2025-06-30" id="Fact000073" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,206</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2024-06-30" id="Fact000074" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,119</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares issued and outstanding<sup id="xdx_F45_zXiWii6tQTd6">(2)</sup></span></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><span id="xdx_900_eus-gaap--CommonStockSharesIssued_iI_pid_c20250630_fKDIp_zLFNVO2Jf3fg" title="Shares issued" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzAA__"><span id="xdx_902_eus-gaap--CommonStockSharesOutstanding_iI_pid_c20250630_fKDIp_zTctIgUJuFP4" title="Shares outstanding" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzAA__"><ix:nonFraction name="us-gaap:CommonStockSharesIssued" contextRef="AsOf2025-06-30" id="Fact000076" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares"><ix:nonFraction name="us-gaap:CommonStockSharesOutstanding" contextRef="AsOf2025-06-30" id="Fact000078" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">6,550,000</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><span id="xdx_907_eus-gaap--CommonStockSharesIssued_iI_pid_c20240630_fKDIp_zIjyY4fgoeLb" title="Shares issued" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzAA__"><span id="xdx_903_eus-gaap--CommonStockSharesOutstanding_iI_pid_c20240630_fKDIp_zPEO3YJPUeAa" title="Shares outstanding" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzAA__"><ix:nonFraction name="us-gaap:CommonStockSharesIssued" contextRef="AsOf2024-06-30" id="Fact000080" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares"><ix:nonFraction name="us-gaap:CommonStockSharesOutstanding" contextRef="AsOf2024-06-30" id="Fact000082" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">4,400,000</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40A_eus-gaap--NetAssetValuePerShare_iI_pid_zqR4K0Oa0Rbe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>Net asset value per Share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2025-06-30" id="Fact000084" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">13.01</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2024-06-30" id="Fact000085" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">9.80</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup id="xdx_F08_zNLvgu8wFrp5">(1)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_F1E_zLDAovNjHOog" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><ix:footnote id="Footnote000086" xml:lang="en-US">Cost
    of investment in platinum: $<span id="xdx_905_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zPA5ssYwvBef" title="Cost of investment in platinum bullion" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2025-06-30" id="Fact000088" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">65,762</ix:nonFraction></span> and $<span id="xdx_900_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_z1Z6m871GO8i" title="Cost of investment in platinum bullion" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2024-06-30" id="Fact000090" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,369</ix:nonFraction></span>, respectively.</ix:footnote></span></td></tr>
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup id="xdx_F0D_zmrK3fRtnq2c">(2)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_F10_zIUQfBfL2Mw9" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><ix:footnote id="Footnote000091" xml:lang="en-US"><span id="xdx_902_eus-gaap--CommonStockNoParValue_iI_pid_do_c20250630_z980JbgqOhPf" title="Common stock, par value" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><span id="xdx_90C_eus-gaap--CommonStockNoParValue_iI_pid_do_c20240630_zdWxPRLzLFbd" title="Common stock, par value" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><ix:nonFraction name="us-gaap:CommonStockNoParValue" contextRef="AsOf2025-06-30" id="Fact000093" format="ixt-sec:numwordsen" decimals="INF" unitRef="USDPShares"><ix:nonFraction name="us-gaap:CommonStockNoParValue" contextRef="AsOf2024-06-30" id="Fact000095" format="ixt-sec:numwordsen" decimals="INF" unitRef="USDPShares">No</ix:nonFraction></ix:nonFraction></span></span>
    par value, <span id="xdx_90D_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20240701__20250630_zBpPddZsGvJf" title="Common stock, shares authorized" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><span id="xdx_901_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20230701__20240630_zbrBlh5nFe3k" title="Common stock, shares authorized" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"><span style="-sec-ix-hidden: xdx2ixbrl0097"><span style="-sec-ix-hidden: xdx2ixbrl0099">unlimited</span></span></span></span> amount authorized.</ix:footnote></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>See
Notes to the Financial Statements</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 44; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_003"></span>Schedules
of Investments</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
June 30, 2025 and 2024</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Amounts
in 000&#8217;s of US$, except for ounces and percentages</i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_30F_111_pn3n3_zypIxlFJmzm2" summary="xdx: Statement - Schedules of Investments" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2025</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces of platinum</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cost</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>% of</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Assets</b></span></p></td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 40%; padding-bottom: 1pt">Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">&#160;</td><td id="xdx_98E_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iI_pid_uoz_c20250630__srt--StatementScenarioAxis__custom--PlatinumMember_zmvPBzRlkfR5" title="Investment in platinum bullion" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2025-06-30_custom_PlatinumMember" id="Fact000101" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">63,137.357</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630__srt--StatementScenarioAxis__custom--PlatinumMember_zLUdxpON1ASi" title="Cost" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2025-06-30_custom_PlatinumMember" id="Fact000103" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">65,762</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InvestmentOwnedAtFairValue_iI_pn3n3_c20250630__srt--StatementScenarioAxis__custom--PlatinumMember_zhPOkYYXfGS1" title="Fair value" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtFairValue" contextRef="AsOf2025-06-30_custom_PlatinumMember" id="Fact000105" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">&#160;</td><td id="xdx_98B_eus-gaap--InvestmentOwnedPercentOfNetAssets_iI_pid_dp_uPure_c20250630__srt--StatementScenarioAxis__custom--PlatinumMember_zsQdNLRrZP6b" title="Percentage of net assets" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedPercentOfNetAssets" contextRef="AsOf2025-06-30_custom_PlatinumMember" id="Fact000107" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.03</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">%</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Total investment</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zVJlE50Nsd94" title="Cost" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2025-06-30" id="Fact000109" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">65,762</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--InvestmentOwnedAtFairValue_iI_pn3n3_c20250630_zapU6E9iEpdf" title="Fair value" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtFairValue" contextRef="AsOf2025-06-30" id="Fact000111" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedPercentOfNetAssets_iI_pid_dp_uPure_c20250630_zJ1kHZMlk9fh" title="Percentage of net assets" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedPercentOfNetAssets" contextRef="AsOf2025-06-30" id="Fact000113" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.03</ix:nonFraction></td><td style="text-align: left">%</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Liabilities in excess of other assets</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt; text-align: right">&#160;</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt; text-align: right">&#160;</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_985_eus-gaap--NonInvestmentAssetsLessNonInvestmentLiabilities_iI_pn3n3_c20250630_zhQUfzSppsfi" title="Assets less liabilities" style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities" contextRef="AsOf2025-06-30" id="Fact000115" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">29</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_98B_eus-gaap--NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_iI_pid_dp_uPure_c20250630_zbZ4pBuw6Epf" title="Assets less liabilities, percentage of net assets" style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" contextRef="AsOf2025-06-30" id="Fact000117" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">0.03</ix:nonFraction></td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left">)%</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt; text-align: right">&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt; text-align: right">&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98B_eus-gaap--AssetsNet_iI_pn3n3_c20250630_zwsD4aByHP8k" title="Net assets" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2025-06-30" id="Fact000119" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,206</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_981_ecustom--NetAssetsPercentageOfNetAssets_iI_pid_dp_uPure_c20250630_zoNizU30tfi3" title="Net assets, percentage of net assets" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="PLTM:NetAssetsPercentageOfNetAssets" contextRef="AsOf2025-06-30" id="Fact000121" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">%</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces of<br/> platinum</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Cost</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>% of</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Net Assets</b></span></p></td><td style="padding-bottom: 1pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 40%; padding-bottom: 1pt">Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">&#160;</td><td id="xdx_98F_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iI_pid_uoz_c20240630__srt--StatementScenarioAxis__custom--PlatinumMember_znyMHz9kHs71" title="Investment in platinum bullion" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2024-06-30_custom_PlatinumMember" id="Fact000123" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">42,625.054</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630__srt--StatementScenarioAxis__custom--PlatinumMember_zT0ZAPVkRlUg" title="Cost" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2024-06-30_custom_PlatinumMember" id="Fact000125" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,369</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--InvestmentOwnedAtFairValue_iI_pn3n3_c20240630__srt--StatementScenarioAxis__custom--PlatinumMember_zuewnlCx1jEi" title="Fair value" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtFairValue" contextRef="AsOf2024-06-30_custom_PlatinumMember" id="Fact000127" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">&#160;</td><td id="xdx_985_eus-gaap--InvestmentOwnedPercentOfNetAssets_iI_pid_dp_uPure_c20240630__srt--StatementScenarioAxis__custom--PlatinumMember_z2T9mreEbD96" title="Percentage of net assets" style="border-bottom: Black 1pt solid; width: 11%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedPercentOfNetAssets" contextRef="AsOf2024-06-30_custom_PlatinumMember" id="Fact000129" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.04</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">%</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Total investment</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td id="xdx_988_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_zimtQ3FHJAU8" title="Cost" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtCost" contextRef="AsOf2024-06-30" id="Fact000131" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,369</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td id="xdx_989_eus-gaap--InvestmentOwnedAtFairValue_iI_pn3n3_c20240630_zCUBeXHGg9aj" title="Fair value" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedAtFairValue" contextRef="AsOf2024-06-30" id="Fact000133" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentOwnedPercentOfNetAssets_iI_pid_dp_uPure_c20240630_ztrI6f0ovjB9" title="Percentage of net assets" style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedPercentOfNetAssets" contextRef="AsOf2024-06-30" id="Fact000135" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.04</ix:nonFraction></td><td style="text-align: left">%</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Liabilities in excess of other assets</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt; text-align: right">&#160;</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt; text-align: right">&#160;</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td id="xdx_984_eus-gaap--NonInvestmentAssetsLessNonInvestmentLiabilities_iI_pn3n3_c20240630_zG9Ls2dEfQx" title="Assets less liabilities" style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities" contextRef="AsOf2024-06-30" id="Fact000137" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_989_eus-gaap--NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_iI_pid_dp_uPure_c20240630_z4vowT5SZDO8" title="Assets less liabilities, percentage of net assets" style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" contextRef="AsOf2024-06-30" id="Fact000139" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">0.04</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)%</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Net assets</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt; text-align: right">&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt; text-align: right">&#160;</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--AssetsNet_iI_pn3n3_c20240630_zHSv2rDyr8G8" title="Net assets" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2024-06-30" id="Fact000141" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,119</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_981_ecustom--NetAssetsPercentageOfNetAssets_iI_pid_dp_uPure_c20240630_zvueAwbFvT44" title="Net assets, percentage of net assets" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="PLTM:NetAssetsPercentageOfNetAssets" contextRef="AsOf2024-06-30" id="Fact000143" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">%</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>See
Notes to the Financial Statements</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 45; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_004"></span>Statements
of Operations</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the years ended June 30, 2025, 2024 and 2023</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_304_113_pn3n3_zIUBNftSlzxl" summary="xdx: Statement - Statements of Operations" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except per share data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49D_20240701__20250630_z7kt8DnUR64d" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2025</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_497_20230701__20240630_zZUWdBhg0e2i" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2024</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_499_20220701__20230630_zDLgSH238fyk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2023</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td></tr>
  <tr id="xdx_40A_eus-gaap--OperatingExpensesAbstract_iB_zORi1RwZf8Ql" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold">Expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_405_eus-gaap--SponsorFees_i01_maCz5Fa_zYRbCrjQM5Ee" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 20pt; width: 46%; text-align: left; padding-bottom: 1pt">Sponsor fees</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2024-07-01to2025-06-30" id="Fact000149" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">243</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2023-07-012024-06-30" id="Fact000150" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">188</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2022-07-012023-06-30" id="Fact000151" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">217</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_401_eus-gaap--OperatingExpenses_i01T_mtCz5Fa_msCzqvn_zxq3eQ2PxTue" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Total expenses</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="From2024-07-01to2025-06-30" id="Fact000153" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">243</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="From2023-07-012024-06-30" id="Fact000154" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">188</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:OperatingExpenses" contextRef="From2022-07-012023-06-30" id="Fact000155" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">217</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_40E_eus-gaap--GainLossOnInvestments_iT_mtCzqvn_maCzRCr_zYxeFKR3oa71" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Net investment loss</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2024-07-01to2025-06-30" id="Fact000157" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">243</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2023-07-012024-06-30" id="Fact000158" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">188</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2022-07-012023-06-30" id="Fact000159" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">217</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40E_eus-gaap--GainLossOnInvestmentsAbstract_iB_ztTJTlav8XJ8" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left">Net realized and unrealized gains (losses)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40B_eus-gaap--RealizedInvestmentGainsLossesAbstract_i01B_zSq023OGCY2i" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt; text-align: left">Net realized gain (loss) from:</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_406_eus-gaap--GainLossOnSaleOfTrustAssetsToPayExpenses_i02_pn3n3_maRIGLzMr8_zg7PMvygaH2k" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 20pt; text-align: left">Platinum sold to pay expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2024-07-01to2025-06-30" id="Fact000169" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">6</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2023-07-012024-06-30" id="Fact000170" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">20</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2022-07-012023-06-30" id="Fact000171" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_409_ecustom--RealizedInvestmentGainsLossesForRedemptionOfShares_i02_pn3n3_maRIGLzMr8_zSxdECZzL5ei" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 20pt; text-align: left; padding-bottom: 1pt">Platinum distributed for the redemption of Shares</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2024-07-01to2025-06-30" id="Fact000173" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">628</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2023-07-012024-06-30" id="Fact000174" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">211</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2022-07-012023-06-30" id="Fact000175" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">236</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr id="xdx_402_eus-gaap--RealizedInvestmentGainsLosses_i02T_mtRIGLzMr8_maAGLOBzwUM_zqEfIoi9NOM7" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt; text-align: left">Net realized gain (loss)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:RealizedInvestmentGainsLosses" contextRef="From2024-07-01to2025-06-30" id="Fact000177" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">622</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:RealizedInvestmentGainsLosses" contextRef="From2023-07-012024-06-30" id="Fact000178" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">231</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:RealizedInvestmentGainsLosses" contextRef="From2022-07-012023-06-30" id="Fact000179" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">253</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_406_ecustom--ChangeInUnrealizedGainLossOnInvestmentInBullion_i01_maAGLOBzwUM_zzaQJd0gntxa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Net change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000181" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,706</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion" contextRef="From2023-07-012024-06-30" id="Fact000182" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,187</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion" contextRef="From2022-07-012023-06-30" id="Fact000183" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,139</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_409_ecustom--AggregateGainLossOnBullion_i01T_maCzRCr_mtAGLOBzwUM_z9lYtQVgJDO" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 0pt; font-weight: bold; text-align: left; padding-bottom: 1pt">Net realized and unrealized gain (loss)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:AggregateGainLossOnBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000185" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20,328</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:AggregateGainLossOnBullion" contextRef="From2023-07-012024-06-30" id="Fact000186" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,956</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:AggregateGainLossOnBullion" contextRef="From2022-07-012023-06-30" id="Fact000187" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">886</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_409_eus-gaap--NetIncomeLoss_iT_mtCzRCr_zsEPVPjawMFj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 0pt; text-align: left; padding-bottom: 2.5pt">Net increase (decrease) in net assets resulting from operations</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="From2024-07-01to2025-06-30" id="Fact000189" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">20,085</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="From2023-07-012024-06-30" id="Fact000190" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">4,768</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetIncomeLoss" contextRef="From2022-07-012023-06-30" id="Fact000191" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">669</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Net increase (decrease) in net assets per share</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_906_eus-gaap--EarningsPerShareBasic_pid_c20240701__20250630_zWk2W3hWT3H4" title="Net increase (decrease) in net assets per share, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_90C_eus-gaap--EarningsPerShareDiluted_pid_c20240701__20250630_zhSzEZZzbNVb" title="Net increase (decrease) in net assets per share, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:EarningsPerShareBasic" contextRef="From2024-07-01to2025-06-30" id="Fact000193" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares"><ix:nonFraction name="us-gaap:EarningsPerShareDiluted" contextRef="From2024-07-01to2025-06-30" id="Fact000195" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">3.97</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_903_eus-gaap--EarningsPerShareBasic_pid_c20230701__20240630_zFr2WAcWdOLf" title="Net increase (decrease) in net assets per share, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_906_eus-gaap--EarningsPerShareDiluted_pid_c20230701__20240630_zTtjiuT1eoke" title="Net increase (decrease) in net assets per share, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:EarningsPerShareBasic" contextRef="From2023-07-012024-06-30" id="Fact000197" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares"><ix:nonFraction name="us-gaap:EarningsPerShareDiluted" contextRef="From2023-07-012024-06-30" id="Fact000199" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">1.15</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_pid_c20220701__20230630_zjdXeCnLFwQ4" title="Net increase (decrease) in net assets per share, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_90C_eus-gaap--EarningsPerShareDiluted_pid_c20220701__20230630_zXJR6pc8Xb93" title="Net increase (decrease) in net assets per share, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:EarningsPerShareBasic" contextRef="From2022-07-012023-06-30" id="Fact000201" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares"><ix:nonFraction name="us-gaap:EarningsPerShareDiluted" contextRef="From2022-07-012023-06-30" id="Fact000203" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">0.15</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>Weighted average number of shares (in 000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><span id="xdx_90F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pn3n3_c20240701__20250630_zhPd8QfxeKIe" title="Weighted average number of shares, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_900_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pn3n3_c20240701__20250630_zCB96qKZmqPk" title="Weighted average number of shares, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfSharesOutstandingBasic" contextRef="From2024-07-01to2025-06-30" id="Fact000205" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding" contextRef="From2024-07-01to2025-06-30" id="Fact000207" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">5,057</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><span id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pn3n3_c20230701__20240630_zcCwZ82tf4Ia" title="Weighted average number of shares, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pn3n3_c20230701__20240630_zyzcNqSC3njh" title="Weighted average number of shares, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfSharesOutstandingBasic" contextRef="From2023-07-012024-06-30" id="Fact000209" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding" contextRef="From2023-07-012024-06-30" id="Fact000211" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">4,139</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><span id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_pn3n3_c20220701__20230630_zqC0V0L3c7H6" title="Weighted average number of shares, basic" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_pn3n3_c20220701__20230630_zSGNoqUKbAb7" title="Weighted average number of shares, diluted" class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBPcGVyYXRpb25zAA__"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfSharesOutstandingBasic" contextRef="From2022-07-012023-06-30" id="Fact000213" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares"><ix:nonFraction name="us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding" contextRef="From2022-07-012023-06-30" id="Fact000215" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">4,595</ix:nonFraction></ix:nonFraction></span></span></td><td style="text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>See
Notes to the Financial Statements</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 46; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_005"></span>Statements
of Changes in Net Assets</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the years ended June 30, 2025, 2024 and 2023</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_30F_114_pn3n3_z6gUgjH7RTD" summary="xdx: Statement - Statements of Changes in Net Assets" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49E_20240701__20250630_zAbJWYN7kbb9" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2025</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49B_20230701__20240630_z3llthtDfhc1" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2024</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49F_20220701__20230630_zHjmjGotORGk" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2023</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr id="xdx_407_eus-gaap--AssetsNet_iS_z5bQIBiLFbth" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left">Net Assets &#8211; beginning of year</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2024-06-30" id="Fact000217" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,119</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2023-06-30" id="Fact000218" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,919</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2022-06-30" id="Fact000219" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">44,801</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr id="xdx_405_eus-gaap--StockIssuedDuringPeriodValueNewIssues_zFWH1VMe2o28" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Creation of <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20240701__20250630_zuS9IqbNLw0h" title="Creations, shares"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="From2024-07-01to2025-06-30" id="Fact000225" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">3,150,000</ix:nonFraction></span>, <span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20230701__20240630_zc5cgrbP9rm5" title="Creations, shares"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="From2023-07-012024-06-30" id="Fact000227" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">850,000</ix:nonFraction></span> and <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20220701__20230630_zwtOdoDr8kSf" title="Creations, shares"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodSharesNewIssues" contextRef="From2022-07-012023-06-30" id="Fact000229" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">350,000</ix:nonFraction></span> shares respectively</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="From2024-07-01to2025-06-30" id="Fact000221" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,318</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="From2023-07-012024-06-30" id="Fact000222" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,695</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:StockIssuedDuringPeriodValueNewIssues" contextRef="From2022-07-012023-06-30" id="Fact000223" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">3,392</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_406_eus-gaap--StockRedeemedOrCalledDuringPeriodValue_z5BazV0pyQUg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Redemption of <span id="xdx_905_eus-gaap--StockRedeemedOrCalledDuringPeriodShares_iN_pid_di_c20240701__20250630_zPvYgtRDUNbj" title="Redemptions, shares">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodShares" contextRef="From2024-07-01to2025-06-30" id="Fact000235" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">1,000,000</ix:nonFraction>)</span>, <span id="xdx_909_eus-gaap--StockRedeemedOrCalledDuringPeriodShares_iN_pid_di_c20230701__20240630_zHrS2RCbUhla" title="Redemptions, shares">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodShares" contextRef="From2023-07-012024-06-30" id="Fact000237" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">450,000</ix:nonFraction>)</span>, and <span id="xdx_900_eus-gaap--StockRedeemedOrCalledDuringPeriodShares_iN_pid_di_c20220701__20230630_zDdWk4pBqsOj" title="Redemptions, shares">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodShares" contextRef="From2022-07-012023-06-30" id="Fact000239" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">1,400,000</ix:nonFraction>)</span> shares respectively</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="From2024-07-01to2025-06-30" id="Fact000231" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">10,316</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="From2023-07-012024-06-30" id="Fact000232" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">4,263</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:StockRedeemedOrCalledDuringPeriodValue" contextRef="From2022-07-012023-06-30" id="Fact000233" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">13,943</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_40C_eus-gaap--GainLossOnInvestments_i_pn3n3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net investment income (loss)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2024-07-01to2025-06-30" id="Fact000241" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">243</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2023-07-012024-06-30" id="Fact000242" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">188</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnInvestments" contextRef="From2022-07-012023-06-30" id="Fact000243" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">217</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_407_eus-gaap--GainLossOnSaleOfTrustAssetsToPayExpenses_i_pn3n3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Net realized gain (loss) from platinum bullion sold to pay expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2024-07-01to2025-06-30" id="Fact000245" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">6</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2023-07-012024-06-30" id="Fact000246" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">20</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses" contextRef="From2022-07-012023-06-30" id="Fact000247" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">17</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_400_ecustom--RealizedInvestmentGainsLossesForRedemptionOfShares_i_pn3n3" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Net realized gain (loss) from platinum bullion distributed for redemptions</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2024-07-01to2025-06-30" id="Fact000249" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">628</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2023-07-012024-06-30" id="Fact000250" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">211</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares" contextRef="From2022-07-012023-06-30" id="Fact000251" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">236</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_40D_ecustom--ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion_znZ4lErWCwYg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left; padding-bottom: 1pt">Net change in unrealized gain (loss) on investment in platinum bullion</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000253" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,706</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" contextRef="From2023-07-012024-06-30" id="Fact000254" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,187</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" contextRef="From2022-07-012023-06-30" id="Fact000255" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">1,139</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr id="xdx_40E_eus-gaap--AssetsNet_iE_zOjrdIaS1Jp5" style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 2.5pt">Net Assets &#8211; end of year</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2025-06-30" id="Fact000257" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,206</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2024-06-30" id="Fact000258" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,119</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2023-06-30" id="Fact000259" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,919</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>See
Notes to the Financial Statements</i></b></span></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 47; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GRANITESHARES
PLATINUM TRUST</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_006"></span>Financial
Highlights</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the years ended June 30, 2025, 2024 and 2023</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_308_113_pn3n3_zIzzmq6Rw9Fj" summary="xdx: Statement - Financial Highlights" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Per Share Performance</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(for a Share outstanding throughout each year)</b></span></p></td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49F_20240701__20250630_z8Q3QDDkJNse" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2025</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_492_20230701__20240630_zhsPEEVnejX6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2024</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" id="xdx_49D_20220701__20230630_ztQPkypYm0ua" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Year Ended <br/> June 30, 2023</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-weight: bold">&#160;</td><td style="font-weight: bold">&#160;</td>
    <td colspan="2" style="font-weight: bold">&#160;</td><td style="font-weight: bold">&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td><td>&#160;</td>
    <td colspan="2">&#160;</td><td>&#160;</td></tr>
  <tr id="xdx_407_eus-gaap--NetAssetValuePerShare_iS_pid_zmkI74UshnVj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; font-weight: bold">Net asset value per Share at beginning of year</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2024-06-30" id="Fact000261" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">9.80</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2023-06-30" id="Fact000262" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">8.73</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2022-06-30" id="Fact000263" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">8.87</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr id="xdx_406_eus-gaap--InvestmentCompanyInvestmentIncomeLossPerShare_pid_zdCvPQlxHdoc" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net investment
    income (loss)<sup id="xdx_F49_zswqi8K6fOv">(1)</sup></span></td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare" contextRef="From2024-07-01to2025-06-30" id="Fact000265" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="USDPShares">0.05</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare" contextRef="From2023-07-012024-06-30" id="Fact000266" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="USDPShares">0.05</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare" contextRef="From2022-07-012023-06-30" id="Fact000267" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="USDPShares">0.05</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr id="xdx_402_eus-gaap--InvestmentCompanyGainLossOnInvestmentPerShare_pid_zRk0YRZSf3O8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Net realized and unrealized gain (loss) on investment in platinum</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare" contextRef="From2024-07-01to2025-06-30" id="Fact000269" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">3.26</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare" contextRef="From2023-07-012024-06-30" id="Fact000270" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">1.12</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare" contextRef="From2022-07-012023-06-30" id="Fact000271" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="USDPShares">0.09</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr id="xdx_40D_eus-gaap--InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_pid_zcStlwkyxHRb" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt">Net change in net assets from operations</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" contextRef="From2024-07-01to2025-06-30" id="Fact000273" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">3.21</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" contextRef="From2023-07-012024-06-30" id="Fact000274" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">1.07</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" contextRef="From2022-07-012023-06-30" id="Fact000275" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="USDPShares">0.14</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
  <tr id="xdx_401_eus-gaap--NetAssetValuePerShare_iE_pid_zalIO0P78Lc7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Net asset value per Share at end of year</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2025-06-30" id="Fact000277" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">13.01</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2024-06-30" id="Fact000278" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">9.80</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:NetAssetValuePerShare" contextRef="AsOf2023-06-30" id="Fact000279" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">8.73</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40E_eus-gaap--InvestmentCompanyMarketValuePerShare_iE_pid_zaoCh5eJT5i1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Market value per Share at the end of the year</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyMarketValuePerShare" contextRef="AsOf2025-06-30" id="Fact000281" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">13.00</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyMarketValuePerShare" contextRef="AsOf2024-06-30" id="Fact000282" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">9.67</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyMarketValuePerShare" contextRef="AsOf2023-06-30" id="Fact000283" format="ixt:numdotdecimal" decimals="INF" unitRef="USDPShares">8.84</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_408_eus-gaap--InvestmentCompanyTotalReturn_pid_dp_uPure_zib3bS8GIcuf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="font-weight: bold; text-align: left">Total return ratio, at net asset value</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturn" contextRef="From2024-07-01to2025-06-30" id="Fact000285" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">32.76</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturn" contextRef="From2023-07-012024-06-30" id="Fact000286" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">12.26</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturn" contextRef="From2022-07-012023-06-30" id="Fact000287" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">1.58</ix:nonFraction></td><td style="text-align: left">)%</td></tr>
  <tr id="xdx_404_eus-gaap--InvestmentCompanyTotalReturnMarketValue_pid_dp_uPure_zlKN8wGY0oHe" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left">Total return ratio, at market price</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturnMarketValue" contextRef="From2024-07-01to2025-06-30" id="Fact000289" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">34.44</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturnMarketValue" contextRef="From2023-07-012024-06-30" id="Fact000290" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.39</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyTotalReturnMarketValue" contextRef="From2022-07-012023-06-30" id="Fact000291" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.68</ix:nonFraction></td><td style="text-align: left">%</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40A_eus-gaap--AssetsNet_iE_z0BkIXpuhNE1" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left">Net assets ($000&#8217;s)</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2025-06-30" id="Fact000293" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,206</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2024-06-30" id="Fact000294" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,119</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">$</td><td style="text-align: right"><ix:nonFraction name="us-gaap:AssetsNet" contextRef="AsOf2023-06-30" id="Fact000295" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,919</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td>&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_40B_eus-gaap--InvestmentCompanyFinancialRatiosAbstract_iB_zaq9rPjOZ2B2" style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; text-align: left">Ratio to average net assets</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr>
  <tr id="xdx_404_eus-gaap--InvestmentCompanyInvestmentIncomeLossRatio_i01_pid_dp_uPure_zu09rxXcwFi5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-left: 10pt; text-align: left">Net investment loss</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossRatio" contextRef="From2024-07-01to2025-06-30" id="Fact000301" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">)%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossRatio" contextRef="From2023-07-012024-06-30" id="Fact000302" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">)%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right">(<ix:nonFraction name="us-gaap:InvestmentCompanyInvestmentIncomeLossRatio" contextRef="From2022-07-012023-06-30" id="Fact000303" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">)%</td></tr>
  <tr id="xdx_406_eus-gaap--InvestmentCompanyExpenseRatioAfterIncentiveAllocation_i01_pid_dp_uPure_z8SWqnjBH8kd" style="vertical-align: bottom; background-color: White">
    <td style="padding-left: 10pt">Expenses</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation" contextRef="From2024-07-01to2025-06-30" id="Fact000305" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation" contextRef="From2023-07-012024-06-30" id="Fact000306" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">%</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td style="text-align: right"><ix:nonFraction name="us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation" contextRef="From2022-07-012023-06-30" id="Fact000307" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></td><td style="text-align: left">%</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="font: 10pt Times New Roman, Times, Serif">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><sup id="xdx_F03_zIlMb8ARcDB1">(1)</sup></span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_F13_zJjXaBV09y6f" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><ix:footnote id="Footnote000308" xml:lang="en-US">Calculated
    using the average shares outstanding method.</ix:footnote></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>See
Notes to the Financial Statements</i></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 48; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="an_007"></span>Notes
to the Financial Statements for the year ended June 30, 2025</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000310" name="us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock"><p id="xdx_802_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zX8QYv74N6Z1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.
<span id="xdx_827_zdtYO5aMRkUl">Organization</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GraniteShares
Platinum Trust (the &#8220;Trust&#8221;) is an investment trust formed on January 11, 2018 under New York law pursuant to a trust indenture.
The Sponsor of the Trust, GraniteShares LLC (the &#8220;Sponsor&#8221;), is responsible for, among other things, overseeing the performance
of The Bank of New York Mellon (the &#8220;Trustee&#8221;) and the Trust&#8217;s principal service providers, including the preparation
of financial statements. The Trustee is responsible for the day-to-day administration of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
objective of the Trust is for the value of the Shares to reflect, at any given time, the value of the assets owned by the Trust at that
time less the Trust&#8217;s accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective
means of making an investment similar to an investment in platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
fiscal year end for the Trust is June 30.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Undefined
capitalized terms shall have the meaning as set forth in the Trust&#8217;s registration statement.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000312" name="us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock"><p id="xdx_804_eus-gaap--BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_zVGkwL0ZCVDc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2.
<span id="xdx_82B_zDUGjCnxcluj">Basis of Accounting and Significant Accounting Policies</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has determined that the Trust falls within the scope of Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting
Standards Codification (&#8220;ASC&#8221;) 946, Financial Services&#8212;Investment Companies, and has concluded that for reporting purposes,
the Trust is classified as an Investment Company. The Trust is not registered as an investment company under the Investment Company Act
of 1940, as amended and is not required to register under such act.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires
those responsible for preparing financial statements to make estimates and assumptions that affect the reported amounts and disclosures.
Actual results could differ from those estimates.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following is a summary of significant accounting policies followed by the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000314" name="PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock"><p id="xdx_84F_ecustom--CustodyAndValuationOfPlatinumPolicyTextBlock_z1O7qyWyqiej" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.1
<span id="xdx_86C_zXWgBLRUkqrk">Custody and Fair Valuation of Platinum</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust follows the provisions of ASC 820, Fair Value Measurements (&#8220;ASC 820&#8221;). ASC 820 provides guidance for determining fair
value and requires increased disclosure regarding the inputs to valuation techniques used to measure fair value. ASC 820 defines fair
value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
is held by ICBC Standard Bank Plc (the &#8220;Custodian&#8221;), on behalf of the Trust, at the Custodian&#8217;s London, United Kingdom
vaulting premises. <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20240701__20250630_zq31FczDfAn8" title="Available to sale percentage"><ix:nonFraction name="PLTM:PercentageOfAllocatedPlatinumAvailableToSale" contextRef="From2024-07-01to2025-06-30" id="Fact000316" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">99.81</ix:nonFraction></span>% and <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20230701__20240630_zOQqUq56GdEh" title="Available to sale percentage"><ix:nonFraction name="PLTM:PercentageOfAllocatedPlatinumAvailableToSale" contextRef="From2023-07-012024-06-30" id="Fact000318" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">99.84</ix:nonFraction></span>% of platinum is in the form of good delivery platinum bars as of June 30, 2025 and 2024, respectively.
A current list of all platinum held by the Custodian is available on the sponsor&#8217;s website. The cost of platinum is determined
according to the average cost method and the fair value is based on the London Bullion Market Association (&#8220;LBMA&#8221;) Platinum
Price PM.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">LBMA
Platinum Price PM is the price per troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process
starting after 2:00 p.m. (London time), on each day that the London platinum market is open for business, and announced by the LME shortly
thereafter.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
per Share amount of platinum exchanged for a purchase or redemption is calculated daily by the Trustee, using the LBMA Platinum Price
PM to calculate the platinum amount in respect of any liabilities for which covering platinum sales have not yet been made, and represents
the per Share amount of platinum held by the Trust, after giving effect to its liabilities, to cover expenses and liabilities and any
losses that may have occurred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC
820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are
as follows:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
1: Unadjusted quoted prices in active markets for identical assets or liabilities that the Trust has the ability to access.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
2: Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly.
These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments and similar
data.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
3: Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Trust&#8217;s
own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based
on the best information available.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<ix:exclude><!-- Field: Page; Sequence: 49; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000320" name="us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock"><p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B1_zZ5Np152J3Mk" style="display: none">Schedule of Trust Investments Fair Value</span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2025</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember" id="Fact000322" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0324">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0326">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member" id="Fact000328" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0330">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0332">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember" id="Fact000334" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0336">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" title="Investment in Platinum" style="border-bottom: Black 1pt solid; width: 14%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0338">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member" id="Fact000340" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0342">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" title="Total" style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0344">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AB_zRXc6imaod0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
were <span id="xdx_906_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20240701__20250630_zr7WNC7vEkUj" title="Fair value measurements transfers"><span id="xdx_90D_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20230701__20240630_zOLh47h4HcXk" title="Fair value measurements transfers"><ix:nonFraction name="us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" contextRef="From2024-07-01to2025-06-30" id="Fact000346" format="ixt-sec:numwordsen" decimals="0" unitRef="USD"><ix:nonFraction name="us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" contextRef="From2023-07-012024-06-30" id="Fact000348" format="ixt-sec:numwordsen" decimals="0" unitRef="USD">no</ix:nonFraction></ix:nonFraction></span></span> transfers between Level 1 and other Levels for the years ended June 30, 2025 and 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000350" name="PLTM:ExpensesPolicyTextBlock"><p id="xdx_84F_ecustom--ExpensesPolicyTextBlock_zs6oOOQ0RSad" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.2
<span id="xdx_86C_zH3nCVjuirM7">Expenses, realized gains and losses</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s only ordinary recurring fee is expected to be the fee paid to the Sponsor, which will accrue daily at an annualized rate
equal to <span id="xdx_904_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zLGjBtjkeV1g" title="Fee paid to sponsor, annualized rate"><ix:nonFraction name="PLTM:FeePaidToSponsor" contextRef="From2024-07-012025-06-30_custom_SponsorMember" id="Fact000352" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></span>% of the adjusted daily net asset value of the Trust, paid monthly in arrears.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has agreed to assume administrative and marketing expenses incurred by the Trust, including the Trustee&#8217;s monthly fee and
out of pocket expenses, the Custodian&#8217;s fee and the reimbursement of the Custodian&#8217;s expenses, exchange listing fees, United
States Securities and Exchange Commission (the &#8220;SEC&#8221;) registration fees, printing and mailing costs, audit fees and certain
legal expenses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
fees payable to the Sponsor were $<span id="xdx_904_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_z5Pjkm8T14E4" title="Fees payable to sponsor"><ix:nonFraction name="us-gaap:RelatedPartyTransactionAmountsOfTransaction" contextRef="From2024-07-012025-06-30_custom_SponsorMember" id="Fact000354" format="ixt:numdotdecimal" decimals="INF" unitRef="USD">29,422</ix:nonFraction></span> as of June 30, 2025 and $<span id="xdx_90F_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_z8ldEO5uPN17" title="Fees payable to sponsor"><ix:nonFraction name="us-gaap:RelatedPartyTransactionAmountsOfTransaction" contextRef="From2023-07-012024-06-30_custom_SponsorMember" id="Fact000356" format="ixt:numdotdecimal" decimals="INF" unitRef="USD">17,280</ix:nonFraction></span> as of June 30, 2024. The Sponsor&#8217;s Fee was $<span id="xdx_900_eus-gaap--SponsorFees_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zbjkp4UG5EFj" title="Sponsor fee"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2024-07-012025-06-30_custom_SponsorMember" id="Fact000358" format="ixt:numdotdecimal" decimals="0" unitRef="USD">242,983</ix:nonFraction></span> for
the year ended June 30, 2025, or <span id="xdx_90A_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zIuzZhcUeE8b" title="Fee paid to sponsor, annualized rate"><ix:nonFraction name="PLTM:FeePaidToSponsor" contextRef="From2024-07-012025-06-30_custom_SponsorMember" id="Fact000360" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></span>% of the Trust&#8217;s assets on an annualized basis, $<span id="xdx_90D_eus-gaap--SponsorFees_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zFWf7T3X9eCk" title="Sponsor fee"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2023-07-012024-06-30_custom_SponsorMember" id="Fact000362" format="ixt:numdotdecimal" decimals="0" unitRef="USD">187,695</ix:nonFraction></span> for the year ended June 30, 2024,
or <span id="xdx_90E_ecustom--FeePaidToSponsor_pid_dp_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zhmpLWB2rNO4" title="Fee paid to sponsor, annualized rate"><ix:nonFraction name="PLTM:FeePaidToSponsor" contextRef="From2023-07-012024-06-30_custom_SponsorMember" id="Fact000364" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></span>% of the Trust&#8217;s assets on an annualized basis, and $<span id="xdx_90C_eus-gaap--SponsorFees_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zVtCMs4FEga7" title="Sponsor fee"><ix:nonFraction name="us-gaap:SponsorFees" contextRef="From2022-07-012023-06-30_custom_SponsorMember" id="Fact000366" format="ixt:numdotdecimal" decimals="0" unitRef="USD">216,715</ix:nonFraction></span> for the year ended June 30, 2023, or <span id="xdx_903_ecustom--FeePaidToSponsor_pid_dp_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zYXG6symikn9" title="Fee paid to sponsor, annualized rate"><ix:nonFraction name="PLTM:FeePaidToSponsor" contextRef="From2022-07-012023-06-30_custom_SponsorMember" id="Fact000368" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></span>% of the Trust&#8217;s
assets on an annualized basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With
respect to expenses not otherwise assumed by the Sponsor, the Trustee will, at the direction of the Sponsor or in its own discretion,
sell the Trust&#8217;s platinum as necessary to pay these expenses. When selling platinum to pay expenses, the Trustee will endeavor
to sell the smallest amounts of platinum needed to pay these expenses in order to minimize the Trust&#8217;s holdings of assets other
than platinum. Other than the Sponsor&#8217;s Fee, the Trust had no expenses during the years ended June 30, 2025, 2024 and 2023.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
Price. The Trustee will place orders with dealers (which may include the Custodian) through which the Trustee expects to receive the
most favorable price and execution of orders. The Custodian may be the purchaser of such platinum only if the sale transaction is made
at the next LBMA PM Platinum Price or such other publicly available price that the Sponsor deems fair, in each case as set following
the sale order. A gain or loss is recognized based on the difference between the selling price and the cost of the platinum sold. Neither
the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Realized
gains and losses result from the transfer of platinum for Share redemptions and / or to pay expenses and are recognized on a trade date
basis as the difference between the fair value and cost of platinum transferred. Gain or loss on sales of platinum bullion is calculated
on a trade date basis using the average cost method.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000370" name="PLTM:ReceivableAndPayablePolicyTextBlock"><p id="xdx_847_ecustom--ReceivableAndPayablePolicyTextBlock_zDeHFjdFuLS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.3.
<span id="xdx_864_zjJQoal0vt0b">Platinum. Receivable and Payable</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
receivable or payable represents the quantity of platinum covered by contractually binding orders for the creation or redemption of Shares
respectively, where the platinum has not yet been transferred to or from the Trust&#8217;s account. Generally, ownership of the platinum
is transferred within two business days of the trade date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000372" name="PLTM:CreationsAndRedemptionsOfSharesPolicyTextBlock"><p id="xdx_845_ecustom--CreationsAndRedemptionsOfSharesPolicyTextBlock_zPhUho6Qyat6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.4.
<span id="xdx_862_zaXo48Mjhrd5">Creations and Redemptions of Shares</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust issues and redeems in one or more blocks of <span id="xdx_90D_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zdjs2Ul8pgBi" title="Minimum block of shares issued redeemed"><ix:nonFraction name="PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000374" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">50,000</ix:nonFraction></span> Shares (a block of <span id="xdx_904_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zJx0ZOhmRwj" title="Minimum block of shares issued redeemed"><ix:nonFraction name="PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000376" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">50,000</ix:nonFraction></span> Shares is called a &#8220;Basket&#8221;) only to Authorized
Participants on an ongoing basis. The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust
or the distribution by the Trust of the amount of platinum represented by the Baskets being created or redeemed, the amount of which
will be based on the combined ounces represented by the number of shares included in the Baskets being created or redeemed determined
on the day the order to create or redeem Baskets is properly received.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<ix:exclude><!-- Field: Page; Sequence: 50; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Orders
to create and redeem Baskets may be placed only by Authorized Participants. An Authorized Participant must: (1) be a registered broker-dealer
or other securities market participant, such as a bank or other financial institution, which, but for an exclusion from registration,
would be required to register as a broker-dealer to engage in securities transactions, (2) be a participant in DTC, and (3) must have
an agreement with the Custodian establishing an unallocated account in London or have an existing unallocated account meeting the standards
described herein. To become an Authorized Participant, a person must enter into an Authorized Participant Agreement with the Sponsor
and the Trustee. The Authorized Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of the platinum required for such creations and redemptions. The Authorized Participant Agreement and the related procedures
attached thereto may be amended by the Trustee and the Sponsor, without the consent of any investor or Authorized Participant. A transaction
fee of $<span id="xdx_90C_ecustom--TransactionFeeForCreationsAndRedemptions_pp0p0_c20240701__20250630_zqGYu5R9N0Qf" title="Transaction fee for creations and redemptions"><ix:nonFraction name="PLTM:TransactionFeeForCreationsAndRedemptions" contextRef="From2024-07-01to2025-06-30" id="Fact000378" format="ixt:numdotdecimal" decimals="0" scale="0" unitRef="USD">500</ix:nonFraction></span> will be assessed on all creation and redemption transactions. Multiple Baskets may be created on the same day, provided each
Basket meets the requirements described below and that the Custodian is able to allocate platinum to the Trust Allocated Account such
that the Trust Unallocated Account holds no more than <span id="xdx_906_ecustom--MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_iI_uoz_c20250630_ze7055GXjPh1" title="Trust unallocated account"><ix:nonFraction name="PLTM:MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" contextRef="AsOf2025-06-30" id="Fact000380" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">192</ix:nonFraction></span> ounces of platinum at the close of a business day.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized
Participants who make deposits with the Trust in exchange for Baskets will receive no fees, commissions or other form of compensation
or inducement of any kind from either the Sponsor or the Trust, and no such person has any obligation or responsibility to the Sponsor
or the Trust to effect any sale or resale of shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000382" name="us-gaap:IncomeTaxPolicyTextBlock"><p id="xdx_84A_eus-gaap--IncomeTaxPolicyTextBlock_zyVDVycwoHBd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.5.
<span><span id="xdx_86B_zwXRipLHo6Jd">Income Taxes</span></span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is classified as a &#8220;grantor trust&#8221; for United States federal income tax purposes. As a result, the Trust itself will
not be subject to United States federal income tax. Instead, the Trust&#8217;s income and expenses will &#8220;flow through&#8221; to
the Shareholders, and the Trustee will report the Trust&#8217;s proceeds, income, gains, losses and deductions to the Internal Revenue
Service on that basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
that <span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20250630_zkg2cLBBiqG1" title="Uncertain tax positions taken in tax returns"><span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20240630_zLDYM7u3bkc4" title="Uncertain tax positions taken in tax returns"><ix:nonFraction name="us-gaap:UnrecognizedTaxBenefits" contextRef="AsOf2025-06-30" id="Fact000384" format="ixt-sec:numwordsen" decimals="0" scale="0" unitRef="USD"><ix:nonFraction name="us-gaap:UnrecognizedTaxBenefits" contextRef="AsOf2024-06-30" id="Fact000386" format="ixt-sec:numwordsen" decimals="0" scale="0" unitRef="USD">no</ix:nonFraction></ix:nonFraction></span></span> reserves for uncertain tax positions are required as of June 30, 2025 and June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust&#8217;s tax returns to determine whether
the tax positions are &#8220;more-likely-than-not&#8221; to be sustained by the applicable tax authority. Tax positions not deemed to
meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax
years are those years that are open for examination by the relevant income taxing authority. As of June 30, 2025, <span id="xdx_901_eus-gaap--IncomeTaxExaminationDescription_c20240701__20250630_zeJThZmfYUjj" title="Income tax examination, description"><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" id="Fact000388" name="us-gaap:IncomeTaxExaminationDescription">the 2025, 2024, 2023
and 2022 tax years remain open for examination.</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000390" name="us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock"><p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zniuipwsbYn2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.6
<span id="xdx_86A_znKUUtvKem61">Recently Issued Accounting Pronouncement</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures
(&#8220;ASU 2023-07&#8221;). The Trust operates in one segment. The segment derives its revenues from Trust investments made in accordance
with the defined investment strategy of the Trust, as prescribed in the Trust&#8217;s prospectus. The Chief Operating Decision Maker
(&#8220;CODM&#8221;) is the Sponsor. The CODM monitors the operating results of the Trust. The financial information the CODM leverages
to assess the segment&#8217;s performance and to make decisions for the Trust&#8217;s single segment, is consistent with that presented
within the Trust&#8217;s financial statements.</span></p>

</ix:nonNumeric><p id="xdx_851_zdfrr3Zz4Ya9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000392" name="us-gaap:InvestmentHoldingsTextBlock"><p id="xdx_808_eus-gaap--InvestmentHoldingsTextBlock_zDhotFyZTPng" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3.
<span id="xdx_828_zXMJuw3vkvh7">Investment in Platinum</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000394" name="PLTM:InvestmentsInBullionTableTextBlock"><p id="xdx_89F_ecustom--InvestmentsInBullionTableTextBlock_zxFkQVpe93Dk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; display: none; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B0_zgWvxhkwdP01" style="display: none">Schedule of Investment in Platinum</span></span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20240701__20250630_zSYxkDO0aH0a" title="Platinum opening balance (in Ounces)" style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2024-06-30" id="Fact000396" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">42,625.054</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98C_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20240701__20250630_zqDOSbgWFaoh" title="Platinum opening balance" style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30" id="Fact000398" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_986_ecustom--ContributedOuncesOfBullion_pid_uoz_c20240701__20250630_zwgwqaFfUHP7" title="Platinum contributed (in Ounces)" style="text-align: right"><ix:nonFraction name="PLTM:ContributedOuncesOfBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000400" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">30,391.246</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_982_ecustom--ContributedValueOfBullion_pn3n3_c20240701__20250630_zldrsZ2mzc82" title="Platinum contributed" style="text-align: right"><ix:nonFraction name="PLTM:ContributedValueOfBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000402" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">32,318</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98D_ecustom--DistributedOuncesOfBullion_pid_uoz_c20240701__20250630_zCG8K4K990xl" title="Platinum distributed (in Ounces)" style="text-align: right">(<ix:nonFraction name="PLTM:DistributedOuncesOfBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000404" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="oz">9,878.943</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_981_ecustom--DistributedValueOfBullion_pn3n3_c20240701__20250630_zETThvndxFmd" title="Platinum distributed" style="text-align: right">(<ix:nonFraction name="PLTM:DistributedValueOfBullion" contextRef="From2024-07-01to2025-06-30" id="Fact000406" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">9,925</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_987_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20240701__20250630_zQsIuMf2xMk1" title="Change in unrealized depreciation (in Ounces)" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0408">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_98C_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20240701__20250630_zQLG6NPrJtb2" title="Change in unrealized depreciation" style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount" contextRef="From2024-07-01to2025-06-30" id="Fact000410" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">19,706</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2025</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_982_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20240701__20250630_ziGNUSM42o6c" title="Platinum ending balance (in Ounces)" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2025-06-30" id="Fact000412" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">63,137.357</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20240701__20250630_zuiVR83Uic5e" title="Platinum ending balance" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2025-06-30" id="Fact000414" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">85,235</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2023</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20230701__20240630_z0ur0SDDmfZ2" title="Platinum opening balance (in Ounces)" style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2023-06-30" id="Fact000416" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">38,945.929</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98D_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20230701__20240630_zKWaF3pZ4En1" title="Platinum opening balance" style="width: 16%; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2023-06-30" id="Fact000418" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">34,934</ix:nonFraction></td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_984_ecustom--ContributedOuncesOfBullion_pid_uoz_c20230701__20240630_zx7oe8j61Y78" title="Platinum contributed (in Ounces)" style="text-align: right"><ix:nonFraction name="PLTM:ContributedOuncesOfBullion" contextRef="From2023-07-012024-06-30" id="Fact000420" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">8,255.423</ix:nonFraction></td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_985_ecustom--ContributedValueOfBullion_pn3n3_c20230701__20240630_zeGmFosPRnzk" title="Platinum contributed" style="text-align: right"><ix:nonFraction name="PLTM:ContributedValueOfBullion" contextRef="From2023-07-012024-06-30" id="Fact000422" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">7,695</ix:nonFraction></td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98E_ecustom--DistributedOuncesOfBullion_pid_uoz_c20230701__20240630_zm5j5h75jrpd" title="Platinum distributed (in Ounces)" style="text-align: right">(<ix:nonFraction name="PLTM:DistributedOuncesOfBullion" contextRef="From2023-07-012024-06-30" id="Fact000424" format="ixt:numdotdecimal" decimals="INF" sign="-" unitRef="oz">4,576.298</ix:nonFraction></td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98C_ecustom--DistributedValueOfBullion_pn3n3_c20230701__20240630_z89wlJ1eIEMf" title="Platinum distributed" style="text-align: right">(<ix:nonFraction name="PLTM:DistributedValueOfBullion" contextRef="From2023-07-012024-06-30" id="Fact000426" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="USD">4,680</ix:nonFraction></td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_986_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20230701__20240630_zZCHPpBlDcP9" title="Change in unrealized depreciation (in Ounces)" style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0428">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_985_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20230701__20240630_zif7V7b39Bj1" title="Change in unrealized depreciation" style="border-bottom: Black 1pt solid; text-align: right"><ix:nonFraction name="PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount" contextRef="From2023-07-012024-06-30" id="Fact000430" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">5,187</ix:nonFraction></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2024</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20230701__20240630_z2oWDfOvez4b" title="Platinum ending balance (in Ounces)" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentOwnedBalanceOtherMeasure" contextRef="AsOf2024-06-30" id="Fact000432" format="ixt:numdotdecimal" decimals="INF" unitRef="oz">42,625.054</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_983_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20230701__20240630_zOnhAn96O1l9" title="Platinum ending balance" style="border-bottom: Black 2.5pt double; text-align: right"><ix:nonFraction name="us-gaap:InvestmentInPhysicalCommodities" contextRef="AsOf2024-06-30" id="Fact000434" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="USD">43,136</ix:nonFraction></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8AA_zFOn9gJpEyeh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>


<ix:exclude><!-- Field: Page; Sequence: 51; Value: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt; margin-bottom: 0pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000436" name="us-gaap:RelatedPartyTransactionsDisclosureTextBlock"><p id="xdx_80A_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zdHl9odDobsj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>4.
<span id="xdx_82D_zFijsU5lJ975">Related parties &#8211; Sponsor and Trustee</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
fee is paid to the Sponsor as compensation for services performed under the Trust Agreement. In exchange for the Sponsor&#8217;s fee,
the Sponsor has agreed to assume the following administrative and marketing expenses incurred by the Trust: the Trustee&#8217;s fee and
out-of-pocket expenses, the custodian&#8217;s fee and reimbursement of the custodian expenses, NYSE Arca listing fees, SEC registration
fees, printing and mailing costs, audit fees and expenses, and up to $<span id="xdx_90E_eus-gaap--LegalFees_c20240701__20250630__srt--RangeAxis__srt--MaximumMember_zmRz0PQJXNOi" title="Legal fees and expenses"><ix:nonFraction name="us-gaap:LegalFees" contextRef="From2024-07-012025-06-30_srt_MaximumMember" id="Fact000438" format="ixt:numdotdecimal" decimals="0" unitRef="USD">500,000</ix:nonFraction></span> per annum in legal fees and expenses. The Sponsor&#8217;s
fee is payable at an annualized rate of <span id="xdx_900_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_ze5Czktrq96c" title="Sponsor fee payable percentage"><ix:nonFraction name="PLTM:FeePaidToSponsor" contextRef="From2024-07-012025-06-30_us-gaap_RelatedPartyMember" id="Fact000440" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">0.50</ix:nonFraction></span>% of the Trust&#8217;s Net Asset Value, accrued on a daily basis computed on the prior Business
Day&#8217;s Net Asset Value and paid monthly in arrears.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor, from time to time, may temporarily waive all or a portion of the Sponsor&#8217;s Fee at its discretion for a stated period of
time. Presently, the Sponsor does not intend to waive any part of its fee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Affiliates
of the Trustee may from time to time act as Authorized Participants or purchase or sell platinum or Shares for their own account, as
agent for their customers and for accounts over which they exercise investment discretion.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000442" name="us-gaap:ConcentrationRiskDisclosureTextBlock"><p id="xdx_805_eus-gaap--ConcentrationRiskDisclosureTextBlock_zo3neR8HLfT7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5.
<span id="xdx_82C_zaPzRQn2sgG5">Concentration of risk</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s sole business activity is the investment in platinum. Several factors could affect the price of platinum, including: (i)
global platinum supply and demand, which is influenced by factors such as production and cost levels in major platinum-producing countries,
recycling, autocatalyst demand, industrial demand, jewelry demand and investment demand; (ii) investors&#8217; expectations with respect
to the rate of inflation; (iii) currency exchange rates; (iv) interest rates; (v) investment and trading activities of hedge funds and
commodity funds; and (vi) global or regional political, economic or financial events and situations. In addition, there is no assurance
that platinum will maintain its long-term value in terms of purchasing power in the future. In the event that the price of platinum declines,
the Sponsor expects the value of an investment in the Shares to decline proportionately. Each of these events could have a material effect
on the Trust&#8217;s financial position and results of operations.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000444" name="us-gaap:CommitmentsAndContingenciesDisclosureTextBlock"><p id="xdx_80C_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_z7HLPJHse2Kk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6.
<span id="xdx_82F_zpkLaGSUloqk">Indemnification</span> </b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust&#8217;s organizational documents, each of the Trustee (and its directors, officers, employees, shareholders, agents and affiliates)
and the Sponsor (and its members, managers, directors, officers, employees, agents and affiliates) is indemnified against any liability,
loss or expense it incurs without (i) gross negligence, bad faith, willful misconduct or willful misfeasance on its part in connection
with the performance of its obligations under the Trust Agreement or any such other agreement or any actions taken in accordance with
the provisions of the Trust Agreement or any such other agreement and (ii) reckless disregard on its part of its obligations and duties
under the Trust Agreement or any such other agreement. Such indemnity shall also include payment from the Trust of the reasonable costs
and expenses incurred by the indemnified party in investigating or defending itself against any such loss, liability or expense or any
claim therefore. In addition, the Sponsor may, in its sole discretion, undertake any action that it may deem necessary or desirable in
respect of the Trust Agreement and in such event, the reasonable legal expenses and costs and other disbursements of any such actions
shall be expenses and costs of the Trust and the Sponsor shall be entitled to reimbursement by the Trust. The Trust&#8217;s maximum exposure
under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2024-07-01to2025-06-30" escape="true" id="Fact000446" name="us-gaap:SubsequentEventsTextBlock"><p id="xdx_802_eus-gaap--SubsequentEventsTextBlock_zkKt6aeKRgq3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7.
<span id="xdx_826_zb8EGj4f1WDb">Subsequent events</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management
has evaluated the events and transactions that have occurred through the date the financial statements were issued and noted no items
requiring adjustment of the financial statements or additional disclosures.</span></p>

</ix:nonNumeric><p id="xdx_816_zxkcNKH912Fa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>


<!-- Field: Page; Sequence: 52; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 0pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="text-align: center; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"></p>





































</body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>ex31-1.htm
<DESCRIPTION>EX-31.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
31.1</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATION
OF THE CHIEF EXECUTIVE OFFICER</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AND
CHIEF FINANCIAL OFFICER PURSUANT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I,
William Rhind, certify that:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
I have reviewed this Report on Form 10-K of GraniteShares Platinum Trust;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the
period covered by this report;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this
report;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
The registrant&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act
Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Evaluated the effectiveness of the registrant&rsquo;s disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Disclosed in this report any change in the registrant&rsquo;s internal control over financial reporting that occurred during the registrant&rsquo;s
most recent fiscal quarter (the registrant&rsquo;s fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant&rsquo;s internal control over financial reporting; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
The registrant&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the registrant&rsquo;s auditors and the audit committee of the registrant&rsquo;s board of directors (or persons performing
the equivalent functions):</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the registrant&rsquo;s ability to record, process, summarize and report financial information;
and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&rsquo;s
internal control over financial reporting.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    August 08, 2025</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    William Rhind</I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William
    Rhind*</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Executive Officer and Chief Financial Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
The Registrant is a trust and Mr. Rhind is signing in his capacity as an officer of GraniteShares LLC, the Sponsor of the Registrant</FONT></P>

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

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>3
<FILENAME>ex31-2.htm
<DESCRIPTION>EX-31.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
31.2</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATION
OF THE CHIEF ACCOUNTING OFFICER PURSUANT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I,
Benoit Autier, certify that:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
I have reviewed this Report on Form 10-K of GraniteShares Platinum Trust;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the
period covered by this report;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this
report;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
The registrant&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act
Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Evaluated the effectiveness of the registrant&rsquo;s disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Disclosed in this report any change in the registrant&rsquo;s internal control over financial reporting that occurred during the registrant&rsquo;s
most recent fiscal quarter (the registrant&rsquo;s fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant&rsquo;s internal control over financial reporting; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
The registrant&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the registrant&rsquo;s auditors and the audit committee of the registrant&rsquo;s board of directors (or persons performing
the equivalent functions):</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the registrant&rsquo;s ability to record, process, summarize and report financial information;
and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&rsquo;s
internal control over financial reporting.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    August 08, 2025</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Benoit Autier</I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benoit
    Autier*</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Accounting Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
The Registrant is a trust and Mr. Autier is signing in his capacity as an officer of GraniteShares LLC, the Sponsor of the Registrant</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>4
<FILENAME>ex32-1.htm
<DESCRIPTION>EX-32.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
32.1</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATION
PURSUANT TO</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>18
U.S.C. SECTION 1350</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AS
ADOPTED PURSUANT TO</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SECTION
906 OF THE SARBANES-OXLEY ACT OF 2002</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Annual Report of GraniteShares Platinum Trust (the &ldquo;Company&rdquo;) on Form 10-K for the year ended June 30,
2025 as filed with the Securities and Exchange Commission on the date hereof (the &ldquo;Report&rdquo;), the undersigned, in the capacity
and on the date indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the Company.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
    August 08, 2025</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    William Rhind</I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">William
    Rhind*</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Executive Officer and Chief Compliance Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*The
Registrant is a trust and Mr. Rhind is signing in his capacity as an officer of GraniteShares LLC, the Sponsor of the Registrant.</FONT></P>

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

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>5
<FILENAME>ex32-2.htm
<DESCRIPTION>EX-32.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
32.2</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CERTIFICATION
PURSUANT TO</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>18
U.S.C. SECTION 1350</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AS
ADOPTED PURSUANT TO</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SECTION
906 OF THE SARBANES-OXLEY ACT OF 2002</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
connection with the Annual Report of GraniteShares Platinum Trust (the &ldquo;Company&rdquo;) on Form 10-K for the year ended June 30,
2025 as filed with the Securities and Exchange Commission on the date hereof (the &ldquo;Report&rdquo;), the undersigned, in the capacity
and on the date indicated below, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the Company.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    August 08, 2025</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Benoit Autier</I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benoit
    Autier*</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
    Accounting Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*The
Registrant is a trust and Mr. Autier is signing in his capacity as an officer of GraniteShares LLC, the Sponsor of the Registrant.</FONT></P>

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

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 0pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page --><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>form10-k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 form10-k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" $E ?\# 2(  A$! Q$!_\0
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M%)*@DFI/L\/_ #S7\J+;_CVB_P!T5*2!U.* (OL\/_/-?RH^SP_\\U_*I:*
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MWL+:4_:8"5)#'+'<.%R-J\'.:;HEQJ\VJ>+DOIK>XM(+PIY3;SM'V6)MJY.
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M[@M+6/&^:>0(BY.!DGCJ0*P9O#FKZI-'#K6LVMUIL4Z3K!!8F&1V1PZ;W,C
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M+^='VB'_ )Z+^=2T4 1?:(?^>B_G1]HA_P">B_G4M% $7VB'_GHOYT?:(?\
MGHOYU+10!%]HA_YZ+^='VB'_ )Z+^=2T4 1?:(?^>B_G1]HA_P">B_G4M% $
M7VB'_GHOYT?:(?\ GHOYU+10!%]HA_YZ+^='VB'_ )Z+^=2T4 1?:(?^>B_G
M1]HA_P">B_G4M% $7VB'_GHOYT?:(?\ GHOYU+10!%]HA_YZ+^='VB'_ )Z+
M^=2T4 1?:(?^>B_G1]HA_P">B_G4M% $7VB'_GHOYT?:(?\ GHOYU+10!%]H
MA_YZ+^='VB'_ )Z+^=2T4 1?:(?^>B_G1]HA_P">B_G4M% $7VB'_GHOYT?:
M(?\ GHOYU+10!%]HA_YZ+^='VB'_ )Z+^=2T4 1?:(?^>B_G1]HA_P">B_G4
MM% $7VB'_GHOYT?:(?\ GHOYU+10!%]HA_YZ+^='VB'_ )Z+^=2T4 1?:(?^
M>B_G1]HA_P">B_G4M% $7VB'_GHOYT?:(?\ GHOYU+10!%]HA_YZ+^='VB'_
M )Z+^=2T4 1?:(?^>B_G1]HA_P">B_G4M% $7VB'_GHOYT?:(?\ GHOYU+10
M!%]HA_YZ+^='VB'_ )Z+^=2T4 1?:(?^>B_G3TD20$HP./2G44 %1R?ZR'_?
M_P#934E1R?ZR'_?_ /930 EM_P >T7^Z*EJ*V_X]HO\ =%8UHLT.LS0W;SB[
MNHY#%.CJT;1J^5 7'RLH<=L')Y:@#>HK,TFY<:/YMQ*\K)),"Q&68*[ < <G
M ["L2+5+FXNYX7NIH_/>V)7:5\E79@4!(ZX"J3ZDD8[ '745RBSW$LUY:OJ$
M\<5HD[12B3YFVD8)..0F2.<Y[YKI+*62:QMY9EV2O$K.OH2,D4 3T4UWV8^5
MFS_=&:9YW_3*3_OF@"6BHO._Z92?]\T>=_TRD_[YH EHJ+SO^F4G_?-'G?\
M3*3_ +YH EHJ+SO^F4G_ 'S1YW_3*3_OF@"6BHO._P"F4G_?-'G?],I/^^:
M):*B\[_IE)_WS1YW_3*3_OF@"6BHO._Z92?]\T>=_P!,I/\ OF@"6BHO._Z9
M2?\ ?-'G?],I/^^: ):*B\[_ *92?]\T>=_TRD_[YH EHJ+SO^F4G_?-'G?]
M,I/^^: ):*B\[_IE)_WS1YW_ $RD_P"^: ):*B\[_IE)_P!\T>=_TRD_[YH
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M@TG3[:2Y>*S@5KHGSL1CY\C!!XZ'KCU)/>K%M_Q[1?[HIX=#(8PREU 8KGD
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MQL;?[1_K_*7S/]['/ZU/10 U]_&P*?7<<4S,_P#=C_[Z/^%2T4 19G_NQ_\
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ME]Z+BE0;D]GI\CH[6ZAO;6.Y@??%(,JV,9J:N#T7Q&^G6]EIDZ[&6=X)&/\
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M'_?7\Z/+C_N+^5'EQ_W%_*@ \R/^^OYT>9'_ 'U_.CRX_P"XOY4>7'_<7\J
M.7L% ^(.IR!AL^S*,Y[D)_@:ZCS(_P"^OYU EA:QW4MRL"":4 .V.H'2I_+C
M_N+^5<^'HNE&2?5M_>S2I+F:]$'F1_WU_.CS(_[Z_G1Y<?\ <7\J/+C_ +B_
ME709AYD?]]?SH\R/^^OYT>7'_<7\J/+C_N+^5 !YD?\ ?7\Z/,C_ +Z_G1Y<
M?]Q?RH\N/^XOY4 'F1_WU_.CS(_[Z_G1Y<?]Q?RH\N/^XOY4 'F1_P!]?SH\
MR/\ OK^='EQ_W%_*CRX_[B_E0 >9'_?7\Z/,C_OK^='EQ_W%_*CRX_[B_E0
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %1R?ZR'_ '__ &4U)4<G^LA_W_\ V4T );?\>T7^Z*EJ
M*V_X]HO]T5+0!S;2V\'BG_6V]W+-(5PLI\^U'EC(*Y_U?RY[8+ X)YK.@N+"
MY2XOK.^C_LFXDMU,4<P*A S9E;!R Y90<]54$]379"-!*TH4>8RA2W<@9P/U
M/YT^@#B3)9YG6ZGVZ?LG-@?,(!.5^X<\L#G;CM]VNOLO.-C;_:/]?Y2^9_O8
MY_6IZ* &NS+C:F[\<4S?+_SQ_P#'A4M% $6^7_GC_P"/"C?+_P \?_'A4M%
M$6^7_GC_ ./"C?+_ ,\?_'A4M% $6^7_ )X_^/"C?+_SQ_\ 'A4M% $6^7_G
MC_X\*-\O_/'_ ,>%2T4 1;Y?^>/_ (\*-\O_ #Q_\>%2T4 1;Y?^>/\ X\*-
M\O\ SQ_\>%2T4 1;Y?\ GC_X\*-\O_/'_P >%2T4 1;Y?^>/_CPHWR_\\?\
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M-E>ZTVYB&S]VYQF,X#J1CECN7#&M/3/$5[<RQZ:UZ,RW)C@OY(-K';DO!(F
M$G '&1AA\P!P16WI_ANUL-:O=4,LT\]Q(SQB0C; & W! /4J"3UZ#H* $TS1
M@T]EK6JP1/KHL8X)9  5C;&7">F6)_"MJBB@ HHKGO$FJ7>EW>FM:2;I)&=?
ML;J EUP#L60\++C)0$@-A@?50#.\1WNH:F&TE=,$-K<W(@M[FXD.V6:/][LD
MCVY\E_+9-V3G)^7!!,6E:0U]/J-D=)N]*TB]M2EY9N4\L3D@$P[21AEW;B
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>** #$O\ ?3_O@_XTFQRZ%G4A3G 7'8CU]Z** /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>form10-k_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 form10-k_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" (: ]@# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M].]'VA,9PWW]G3O0!+141G0!B0WRMM/%#7"+OR&^3&<#UH EHJ-IU4N"&^0
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M WJ*R+CQ1HEK:2W4VI0+#%*T+'))WKU4 <DC(X%3Z3K>FZ[;M/IMVEQ&IPV
M05/N#@C\10!H456@U"TN;NXM(9T>>VP)HQU3/3-$VH6EO>V]G+.B7-QGRHSU
M?')Q0!9HJK<:E96MW#:SW,<<\RLT:,<;@HRQ_ <UGV7B[0=1U V-IJ<,MSG
M09 ;_=)&&_ F@#:HK$N_&'A^QU#[#<:I EQG!7DA3Z,P&!^)K;!! (.0>A%
M!15:^O[73;5KF]G2"!2 7<X SP*S=0\8>']+O19WFIQ1W&=I0!FVG_:(!"_C
MB@#;HJ..XAFMEN(I4>%EWK(ARI7KD$=:R+GQAX?M+:VN)M3A$5R2(64%MV#@
MG@' R",GB@#;HK!U*RTN?Q1H]W<WKQWT2R?98 P D!'S<8[#WK5O]0L],M6N
M;ZYCMX5X+R-@9]/<T 6:*Q])\5:)KDIBT[4(YI1SY9#(Q]P& )_"I=6\0Z3H
M2*VI7L<!;E5.68CU"@$X_"@#3HK/TK6]-UN$RZ=>1W"C[VW(*_4'D5H4 %%%
M% !1110 4444 %%%% !1110 445E>)99(/"VJRQ.T<B6DK*ZG!4[3R#0!JT5
MYQX&U2_TR\M=-U:ZDN(=5@6YLII&+$-CYDR3Q_GUK<\9W$\%UX<$,TD8DU:%
M'V,1N4GD''4>U '5T4$@ DG '4UY7'J]^FK6_B][R<:3<ZBUMY)<[%AQM5\'
M@<@D_2@#U2BLOQ'93:AX>O;>VEDBN#$6B>-RI#CD<CU(Q^-5?!NK'6?"MC=.
MQ:8)Y4I/4NO!)^N,_C0!O45R'B.XGO\ QAHFAVLTD:*3>7?EL5.Q>%!([$@@
MCW%=?0 452FU?3[:YEMY[R&*6*+SY%=L;8\XW'/;-4=-\7:#JUX;2RU**2X!
MP$(92W^[N W=#TS0!MT57OK^TTVU:YO;B."%>"\C8&?3ZUFZ5XMT+6I_(L-1
MCEF[(RLC'Z!@,_A0!M456NK^TL6@6YG2(W$@BB#?QN>@'O52Q\1Z1J6I3Z=9
MWJ374 )D10> #@X.,'D]C0!J445A7OC/P]IU[]CNM4B2<-M*A68*?0D @?C0
M!KW5W;64#3W=Q%!"N,R2N%49Z<FI@<C(Z5QOQ'FCN/ %Q-#(LD4C1,CJ<A@6
M&"#6I=>,/#^F7$=G>:G%'<8 *@,VT_[1 (7\<4 ;U%1FXA%O]H,J"#;O\S<-
MNWKG/I6!_P )[X7^U_9O[7A\S.,[6V?]]XV_K0!T=%-\Q/+\S<"F-VX<C'K6
M-<^+_#]I;6UQ-J<(BN21$R@MNP<$\ X&01D\4 ;=%4=3UG3M'M1<ZA=QV\1^
MZ6/+?0#D_A4&D^)-'UW<--OHYV7DI@JP'KM8 T :M%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110!Y_+X2\2>&=4U+4/!M]926M_<&[N-*U!&VF5OO
MM'(IRI8#H00,>G3=\&^*QXJTVXDFL9;"_LKAK6\M)#N\J5<9 ;HPYX-<WJ%_
M\0M/\466@V6H^'[M;V.:=+B[M94>*)&0'(1\,W[P8X&<<XKI?"OAA_#.FW@>
M]:^U*^N'N[JZD7:))6 Z+D[5&  /2@#F?%7_ "7#P!_UQO\ _P!$FNB\=^)A
MX7\-/<QRV\=Y<R+:VC7,@2,2OG#.2<!5 +'V6N*U#PO\4=2\5:1XAFF\'K=Z
M4LJP(C7(C82+M;<",G@\8(KT0:0FLZ+:6_BG3]+OKE0'FC\GS8!+@@E!(">Y
MP3SS0!Y'XJO_  OIMGX#L--\0Z9>_9/$%O<7D\=W&Y)W9DFDP> 2223P*]NM
M[F"\MHKFVFCG@E4/'+$P974\@@C@CWK@O%/PLTC5KG0GTG1]$LH[/4HKF\ M
M$3SX%^]'A5^;/'!XKOK>W@M+:*VMH8X8(E"1Q1J%5%'   X 'I0!)1110 QF
M</@1Y7&=V[OZ4BO*2F8< C+?,/E/I[U)10!$KRGR]T.W=G=\P.WT^M"O*0N8
M<9.#\PX'K4M% $7F2X'[GG?@_,.!Z_\ UJ"\N#B'/S8'S#D>O_UJEHH B:24
M;L0YP<+\PY'K0SRCS-L.=N-OS#YO7Z5+10!&SR@OB'( ROS#YCZ>U!>7G$/1
M<CYAR?2I** (M\N1^Y_@R?F'!]/_ *]*'E)7,.,C)^8<'TJ2B@")7E)CW0XW
M9W?,/E_QKE/$-SXQ74%&D6J"UV#IL8Y[YS7845G5I^TCRW:]#6E4]G+FLGZG
MG/VOXB_\^_\ XY%1]K^(O_/O_P".15Z-17+]4?\ S\E]YU?7%_S[C]QYS]K^
M(O\ S[_^.14?:_B+_P ^_P#XY%7HU%'U1_\ /R7WA]<7_/N/W'G/VOXB_P#/
MO_XY%1]K^(O_ #[_ /CD5>C44?5'_P _)?>'UQ?\^X_<><_:_B+_ ,^__CD5
M'VOXB_\ /O\ ^.15Z-11]4?_ #\E]X?7%_S[C]QRWABX\527<JZ[;JMOM^1_
MD!#?1>HKI%DE.S=#MSG=\P.W_&I:JZC-=V^GRRV%H+NY4#9 9!'OY&?F/ XR
M:ZJ<.2/+=OU.2K/GES62]#B-39S\9M"+1[6^Q,,;L\8FYKO/,EQGR?X\??'W
M?7_ZU>=7=MXNNO&=CXA_X1A5-K 8?(^W1'=D.,[L\??].U;^OZY?V7@B>ZN[
M/[%J4^;>*W242$.Q(7!'4X^; ]*T,ROX5:35=;UGQ)L$B2RBTM#D?ZE.K ^A
M.#]0:ZYGE ?$.<$;?F'S#^E4M TM=%T&RT]<9AB <@8RW5C^))IFM7NKV2PG
M2M(742Q/F W*Q;.F/O=<\_E0!RG@5F7Q3XT*)O;[:,#.,_O):L>(&D'Q+\--
MY>0(YMOS?>.P\5FZ#;>+M#U76;X>&%F.I3^<4-]$OE_,YQG)S]_VZ5TOBK0K
MW5%L-0TQXXM4T^3S(A(?E<'&Y3^0_P#K9S0!=\2NY\+ZP&CVK]@F.[=WV'BO
M/+V.:+X)V2-$0N_>6SV,K$?H171ZB_B_Q)8OI3:-#I,,XVW%U)=++\G<*J\Y
M/^2.M;VH^'+6^\*OH*'RX1"L<3==I7&T^_('UH TX))#%#F+ *9)W#CC]:\[
M\*Q2/J7C>5[=6B>YD&XD':P,I_'[PK5M;[QM8V$>FG0;>YGC01K??:U$9XP&
M*GDX[],XK6\.^''TC0)[2YG$M[=L\MU,O0R/UQ[#\* *'PZ0#P1I;K I8F4%
M^,@>8_-9UU8Q:E\646\M1(D5@)!&S?+D/P2._7./I5WP=#XAT6WMM"N]'C%I
M SYOEN5(()+<)C)Y..U7ETJ]'Q&?53#_ *$=.\@2[A]_>#C&<]/;% &7XXA6
MWN] U".!8;F/4XX5=" 60YXR.QQT]S7:,\H#8AS@X'S#D>M<_P",=*O=5BTE
M;*'S3;ZC%/+\P7:@SD\D9Z]N:Z6@#@?%]JNH>.?#EK<6YDA8390/CS %R0?;
MC!]16CXYTVWG\)7J_98XA:1":"5, HRD<#TXR*H>,HKR;QMX;33YT@N]LYC=
MUW+D+G!'H0,?C3]5B\5^)[8Z-<:5%IEJ[#[1=BY$F]0<X51R,^] %;Q=>3WO
MPI@N)DR\T%O([Y_B)7-=)J^I:9I\%A<:M;JS;L0+L\Q]Y&,(N.357QCH=Q?>
M"WTK2K<.Z>4L46Y5^52.Y('04WQ+I&I2ZAH^LZ9#'<W&G%]UK(^WS P .&Z
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M;V$:QVEA%&L,>V/8 #CN.E9'B[2KW5)-$-G#YHMM1CGE^8+M0=3R>?PYKI:
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MSVW^L4$Y!Z'\CQ6C7F?@HX^(6K#U6<?^15KFK5G"<(K[3L=-&BJD)R?V5?\
M$],HHHKI.8**** "BBB@!,#.<#/3-+5:_P!0M-+M#=7LZ00!E0N_3+,%4?B2
M!^-6: "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "J.H:1::I-:27:,_V2431+NP-XZ$COBKU%
M !1110 4444 %%%% !1110 4444 %%%% &/J&@_;O$>E:O\ :=GV 2#RMF?,
MWKCKGC'T-;%%% !1110 4444 %%%% !1110 4444 %%%% !1110!D>)M#_X2
M/0YM-^T?9_,93YFS?C!!Z9'IZUK*-JA?08I:* "BBB@ HHHH **** "BBB@
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M;D'(/;TXKUZ&3S88Y "N]0V#U&10 ^BBB@ HIC+(7RK@+C&,=_6D5904S("
M/F^7J: )**B5)AY>Z4'&=_R_>]*%28!<R@X/S?+U% $M%1;)L#]Z,[\GY?X?
M2@I-@XE&=V1\O\/I0!+143),=V)0,GY?EZ"ADF/F;9 ,XV?+]WU^M $M%1LL
MI+XD !'R_+T-!67G$@^[@?+W]: )**BVRY'[P?<P?E_B]:4+*"N9 0!AOEZG
MUH DHJ)5E!CW2 XSN^7[WI0J3 )NE!P3N^7J* ):*B"387,HSNR?EZCTHV38
M_P!:,[\_=_A]* ):*B*3$-B4#+9'R]!Z4,DQW[90,XV_+T]: ):*C9927VR
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MXO6@"2BHPLH*YD! &&^7J?6D591Y>Z0'&=_R_>]* ):*B5)@$S*"0?F^7J*
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MD"Q0)M,4BHK#))R=W.< ^E>E:5I0T72A8VUU<W 0L8WO9FE<9.0"QY(';VH
MT:*\DN;+5M*^,W@P:AKUW?S7T=XTZ9\N!=L+%52,<  GJ<D\9->G:OIQU;2Y
MK$7ES9B; ::U?9(%R"0K=L@$9'(SQ@T 7:*\?\9>&;'P)/HFM>';V_L]1N-6
M@MY(WNI9A>!\@JX9CV'7\.N,>P4 %%%% !1110 4444 %%%% !1110 4444
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M4'RR5F%%%%42%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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MTFVE_AZ?YFU>K*G5^JIWBDF_\77_ ".U$B';AU.[[N#U^E()8SC#J=QP.>M
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M67DD\^S@E@C08VD2%"Q/&<_(,<^M:5%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% &7<^(=.M-:@TF64BZF
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MM)BK%CD,N#@_D<?A7S2Q$L7#V,(^]):>M]ON5SVUA5A:BK2E[L7^%M_O=CG
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MH?2I*D@**** "BBB@ HHHH **** "BB@D $DX H **R]'\0Z=KIN!82L_D,
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M^D*JUS:+D#IN< 8'YUY';7,D5I>PJQ$<T:AESP<.I'^?>O/Q.,=*I&VJ:O\
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M>XTO4+'PTL]S9R0Q2W0 :12K'"G'![=?RJWX8\'7?B-3<+-'#:))Y<C');(
M)P/H:ZJ>4X>GB)5Y:05N6S>C7^?S,YYI6GAXTHOWG?FNMT_Z\CK/ >@0'0$O
M;O3HIIS,9;=Y ,XX'\QFN[9Y@7Q$" N5^;J?2DL[6*QLX+2 $10H(T!ZX Q4
MU95*DJDG*3N91BHJR15NA)-:SQ-%\KPL/O=R.E>3?#O5(M.\0M%*&/VM/*0C
M^_D$9]NWXU[$PW(P]1BOGFUGETS5(;A5'FVTROM/0E3G'Z5TT;NA5C%ZVO\
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ME1C3JOWU=W7]6[&E'$3P-1SIKW7HT_ZOW.C\7>++?Q!X9LTBQ'/Y^^:'))7
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MSS 2;80<8V?-][U^E/5G,C IA0!AL]:?17.:A1110 4444 %%%% !1110 @
M&< #/)I:K2ZA:07]O82SHMU<J[PQ'[SA,;B/IN'YU9H **** "BBB@ HHHH
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MZ#\J;X?T.'P_I26,,C288N\C#!9CWQV[?E6I48BNZDY6?NME4J:C%7W$ "C
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M Z?2NNIC?9IPHI6OI;:QR*@YM2J7OUOO<Y'Q;X7T>VT'4;^VLDBN1$H#*2
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M<Y/S[A@D<=C78:_X3TGQ'I=O87D+QQVKK):R6[F*2W=?NLC#[I%;=% '(1>
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MZA._EVL?+G!?&6.%!^M>PT %%%% !1110 4444 %%%% !1110 4444 %%%%
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MP;>:LFF6_B&RENY&5456)5V8X #XVDD]@?2NJH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "N6^(:Y\'7)Y^5XS_P"/"NIK#\8QK+X1U)6&0(MWX@@_TJX5%2DJCV6H
MG!U%R+KH<?\ "D?O]3/;;'_-J],KS7X5%?.U0 \[8N/^^J]*J')RE*3BU=MV
M>CU-)I1M%-.R2NMM@HHHH("BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ K*\3
M6-YJ?A;5K#3Y?*O+FTEB@?<5VNRD#D=.>]:M5-3OQIFFSWK6]Q<+"N]HK>,O
M(P[[5'4^U 'G7@WQ1X9T_P /Z7X3\068T?4H;=;:6UU*V\N.=U 5F5R-CACS
MUYS5OXN7T5MX>T?2Y)?(T_4M2AMKQDWY-L 7=%V?,2P4* .N<=ZI>*?'O@_Q
M3H.HZ!;6UUJ^J2P,L6G#3YED60CY3EDPF"5.[M2>(M&UO2_ /@R[9)+F]\/7
M5I<7T<>9':-5*R!?[Q /Y9- '06OCSP[!/8:;+8ZCI<,\BP6CWNF2V\+/_"J
MLR@ GM79UY-XV\3:3\1/#UOX;\*W;W]]?W$#&6WB;%E&'#&60G&W &,$@YXK
MUF@ HHHH :9$#;2P#8SCVI!+&2H#@[AD<]:<54G)4$XQG%($08PHXZ<=* $$
MT;;<.IWYV\]<4":,XPZG<<#GJ:4(@QA5&WIQTH"(,85>.1QTH 3SH\ [UY;:
M.>_I1YT8!.]>&VGGOZ4NQ/[B]<]._K1L3^ZO7/3O0 AFC&[+J-IP>>AH,L:[
MLNHV8W<]*4QH<Y1>>3QUH*(<Y53NZ\=: $,L8+ N!M&3STH\V,9^<<#<>>WK
M2E$.<J.>O'6C8O\ ='3'3M0 GFQ\?.O*[NO;UH$L9*@.#N&1SU%+L3^ZO3'3
MMZ4!$&,*.!@<=* $$L;;<.IW?=YZT":-MN'4[C@<]:4(@QA5&.G'2@(@QA%&
M.G'2@!/.C(!WKR=HY[^E'G1XSO7&[;U[^E+Y:<?(O!ST[T;$_N+UST[^M "&
M:,9RZ\'!YZ&@S1KNRZC;][GI2E$.<JO)R>*"B'.44YZ\=: $,L:E@7 V_>YZ
M4>;&,_.O R>>@I2BG.5!SUXZT;$Y^5>1@\=J $\V/^^/N[NO;UH\V,X^=>1D
M<]12[%_NCICIV]*-B<?*O P..U ""6-BH#@[ON\]:!-&VW#J=WW>>M*$48PH
M&.G'2@(@QA%&.G'2@!!-&<8=>3@<]31YT>,[UQNV]>_I2[$&,*O!R.*-B?W%
MZYZ=_6@!/.C )WKP=IY[^E!FC4,2ZC:<'GI2^6G/R+R<].]!1#G*J<]>.M "
M&6-=V74;?O<]*#+&"P+@;1D\]!2E$.<JISUXZT%$.<J.1@\=: $\V/GYUX7=
MU[>M8_BN6,^%=2 8$FV8@ ]1ZUL[$_NKTQT[>E97B:T>Z\-:A#;Q;Y6@8(JC
MD]\#_"J@DY)/83;2;1Q?PJC42:E*6PQ$:*/7[Q/]*]($L;;<.IWYV\]:XGX9
MZ=/::5=S7-N\1EF&SS$P2 .HSVYKMPB#&%4;>G'2NG&2YJ\F8X=6IH031G;A
MU.XX'/4T>=&0#O7EMHY[^E*(T&,(O'(XZ4;$_NKUST[UR&XGG1X)WKPVT\]_
M2@S1C.74;3@\]#2[$_N+UST[^M!1#G*KSR>.M "&:-=V74;,;N>F:/-C#%=X
MRHR1GH*4HASE5.[KQUH,:$DE%R1@G'44 ()8SC#CD;ASVH$L;%0'!W?=YZTO
MEH,81>!@<=!Z4"-!MPBC;TP.E "":-MN'4[ON\]:!-&<8=>3@<]32B*,;<(H
MV_=P.GTH$48QA%X.1QT- ">='C.]<;MO7OZ4>=& 3O7@[3SW]*/*CQC8O7=T
M[^M'E1G/R+R<GCOZT !FC4,2ZC:<'GI098UW9=1M^]STI3%&<Y13NY.1UH,:
M'=E%.[[V1U^M "&6,%@7 VC)YZ"CS8^?G7A=W7MZTIC0YRBG(P>.HH\M/[B\
MC;T[>E ">;'Q\Z\C<.>WK0)8R5 <'<,CGK2^6G'R+P,#CMZ4"-!C"*-HP..E
M "":-MN'4[\[>>N*!-&<8=3N.!SU-*(HQMPBC;]W Z?2@11C&$48.1QT- ">
M='@'>O+;1SW]*/.C )WKPVT\]_2CRH^/D7@[NG?UI?*C.?D7D[NG?UH 0S1C
M=EU&TX//0T&6-=V74;,;N>E!BC.<HIR<GCK2F.,[LHIW?>R.OUH 0RQC=EU&
MT9//2CS8QGYQP-QY[>M*8T.<HIR,'CK1Y:<_(O(P>.WI0 GFQY WCE=PY[>M
M EC)4!P=PR.>HI?+3CY%X&WIV]*!&@QA%&!@<=!0 @EC;;AU._.WGKB@31D*
M0ZG<<#GK2B-!MPBC;]W Z?2D$48QA%&TY''2@ \Z,@'>O)VCGOZ4>='_ 'U^
M]MZ]_2CRHQCY%X.1QW]:/*C_ +B]=W3OZT !FC&<NO!P>>AH,T:[LNHV_>YZ
M4IBC.<HO)R>.IH,49W913N^]D=?K0 AEC7=EP-HR>>E!EC&<NO W'GMZTIC0
MYRBG=P>.M!C0YRB\C!X[>E ">;'G&\9V[NO;UH$L9QAUY&1SU%+Y:9SL7IMZ
M=O2@1H,811@8''04 ()8VVX=3N^[SUH$T;!2'4[ON\]:41H-N$4;?NX'3Z4@
MBC&W"*-O3 Z4  FC.,.O)P.>IH\Z/^^OWMO7OZ4OE1C'R+P<CCH?6CRH_P"X
MO7=T[^OUH 0S1C.77@X//0T&:-0Q+J-OWN>E!BC.<HO)R>.IH,49W913NZY'
M6@ ,L:ELNHV_>YZ4&6,$Y<<#)YZ"E,:-NRBG=UR.M!C0YRB\C!XZB@!/-CSC
M>,[=W7MZT"6,XPXY&X<]J7RTSG8O3;T[>E'EH,81>!@<=!Z4 ()8V*@.#N^[
MSUH$T;;<.IW?=YZTHC0;<(HV],#I0(HQMPBC;]W Z?2@!!-&<8=>3@<]31YT
M>,[UQNV]>_I2B*,8PB\'(XZ&D\J/&-B]=W3OZT 'G1@$[UX.T\]_2@S1J&)=
M1M.#STH\J,Y^1>3D\=_6E,49SE%.[DY'6@!#+&N[+J-OWN>E!EC!8%P-HR>>
M@I3&AW913N^]D=?K08T.<HIR,'CJ* $\V/GYUX7=U[>M'FQ\?.O(W#GMZTOE
MI_<7D;>G;TH\M./D7@8'';TH 02QDJ X.X9'/6@31MMPZG?G;SUQ2B-!C"*-
MHP..E BC&W"*-OW<#I]* $$T9QAU.XX'/4T>='@'>O+;1SW]*411C&$48.1Q
MT-)Y4?'R+P=W3OZT 'G1@$[UX;:>>_I09HQNRZC:<'GH:7RHSGY%Y.[IW]:0
MQ1G.44Y.3QUH #+&N[+J-F-W/2@RQC=EU&T9//2E,<9W913N^]D=?K08T.<H
MIR,'CK0 GFQC/SC@;CSV]:/-CR!O'*[ASV]:7RTY^1>1@\=O2CRTX^1>!MZ=
MO2@!!+&2H#@[AD<]10)8VVX=3OSMYZXI1&@QA%&!@<=!0(T&W"*-OW<#I]*
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M4XZ_+1_:$?\ SSE_[XH MT54_M"/_GG+_P!\4?VA'_SSE_[XH MT54_M"/\
MYYR_]\4?VA'_ ,\Y?^^* +=%5/[0C_YYR_\ ?%!U&($ I+D]/EH MT54_M"/
M_GG+_P!\4?VA'_SSE_[XH MT54_M"/\ YYR_]\4?VA'_ ,\Y?^^* +=%5/[0
MC_YYR_\ ?%']H1_\\Y?^^* +=%5#J$0&2DH'^[1_:$1_Y9R_]\T 6Z*J?VA'
M_P \Y?\ OBE%_$?X)1_P"@"U15;[=%_=D_[X-'VZ+^[)_P!\&@"S15;[=%_=
MD_[X-'VZ+^[)_P!\&@"S157^T(<XQ)D=MM+]NB_NR?\ ?!H LT56^W1?W9/^
M^#1]NB_NR?\ ?!H LT56^W1?W9/^^#1]NB_NR?\ ?!H LT56^W1?W9/^^#2&
M_A!&1)ST^6@"U15;[=%_=D_[X-'VZ+^[)_WP: +-%5OMT7]V3_O@T?;HO[LG
M_?!H LT56^W1?W9/^^#1]NB_NR?]\&@"S157[?$/X9/^^#0+^$C(60C_ '30
M!:HJM]NB_NR?]\&C[=%_=D_[X- %FBJWVZ+^[)_WP:/MT7]V3_O@T 6:*K?;
MHO[LG_?!H^W1?W9/^^#0!9HJJ+^$DX$G'7Y:7[=%_=D_[X- %FBJWVZ+^[)_
MWP:/MT7]V3_O@T 6:*K?;HO[LG_?!H^W1?W9/^^#0!9HJM]NB_NR?]\&D-_"
M",B3GI\M %JBJWVZ+^[)_P!\&C[=%_=D_P"^#0!9HJM]NB_NR?\ ?!H^W1?W
M9/\ O@T 6:*K?;HO[LG_ 'P:/MT7]V3_ +X- %FBJIOX0,E9 /\ =-'V^+^[
M)_WP: +5%5OMT7]V3_O@T?;HO[LG_?!H LT56^W1?W9/^^#1]NB_NR?]\&@"
MS15;[=%_=D_[X-'VZ+^[)_WP: +-%51?PG.!)Q_LTOVZ+^[)_P!\&@"S15;[
M=%_=D_[X-'VZ+^[)_P!\&@"S15;[=%_=D_[X-'VZ+^[)_P!\&@"S15;[=%_=
MD_[X-(=0A! (DR>GRT 6J*K?;HO[LG_?!H^W1?W9/^^#0!9HJM]NB_NR?]\&
MC[=%_=D_[X- %FBJWVZ+^[)_WP:/MT7]V3_O@T 6:*JF_A R5DQ_N&@7\1&0
MLF/]PT 6J*K?;HO[LG_?!H^W1?W9/^^#0!9HJM]NB_NR?]\&C[=%_=D_[X-
M%FBJWVZ+^[)_WP:DAN$F)"AAC^\,4 2T444 %%%% !1110 54U,WXTV<Z6MN
MU\%S"MP2(V;T8CD"K=% 'F,WB'QOXI_MGPW:^&+"PDB'V2YU"741+%$70'Y4
MV L=K@CMZUTZVNJ>$O"NDZ?H>G+JXLHD@EC>X$,C(JXW*2-I;/8X^HKH(+.V
MMI9Y8+>*.2X?S)G10#(V ,L>YP /PJ>@#SK4=+\0^/=2T=-5T;^P])TR^2_;
MS;E)9YY$!VJ F0J_,<DG/M7HM%% !1110!7C5A?3L5.TA<''!JQ110 4444
M%%%% !5:Y5FGMR%) ;D@=*LT4 %%%% !1110 4444 ,F!,,@ R2I_E3;8%;6
M(,""%&0:EHH **** "BBB@ HHHH K6RLLUP2I +Y&1UJS110 4444 %%%% !
M5>=6-S;D*2 3D@=.*L44 %%%% !1110 4444 17(+6LH4$DJ< 4Z$$0Q@C!"
MC^5/HH **** "BBB@ HHHH K1J1?S-@X*K@U9HHH **** "BBB@ JM<J3/;$
M D!SGVJS10 4444 %%%% !1110 R89@D Z[3_*F6@*VL0(((7H:FHH ****
M"BBB@ HHHH K6RD3W)((!<8]ZLT44 %%%% !1110 56N5)GMB 2 YS[59HH
M**** "BBB@ HHHH ANP6M90 22O04^(8B0'^Z*?10 4444 %%%% !1110!6M
ME(FN"00"_'OQ5FBB@ HHHH **** "JTZDWEJ0"0-V3Z<59HH **** "BBB@
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M!W^HJ32/%^O>$O$,'AKQV\<T5TVW3M;C0)',>R2#HK?YYZT >FT444 %%%%
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M"=&73M*B;D[IIY,&29O5C_(=!704 %%%5K^_M-+L)KZ^N([>U@4O)+(V%44
M/N[N"PLY[RZE6*W@C:261NBJ!DD_A7F+_&2>(1ZK-X/U./PK)($75F/.TG <
MQX^[GOG]>*LW7C_P+X_L[KPM+JMS:B_41H\D;0>;SQL9ACD@<'KG%=QJNE6M
MWX:O-),*"UDM'MQ&!P%VX 'TH AU&RFOO"\]OX;O+?3I;I-\%U'$&5=YW,X
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M<\U'9:=\4?"$1TC3/[-\0:</EM+J]E,<L"]@XR-P'MGIUZ  '2>#_$^H>,/
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MAA>2.!>LC!20H]R>/QKRFV^$@\2^'EUS7K^_7Q?>1"Y6Z\UD^R2$;DC"=@O
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MY+:R[WN@A!"H,G:"0#D]/T/J= %>QL;73+&&RLH([>U@0)'%&,*H'858HHH
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M+'O$_8?4_GU&UX1\.ZX_B6]\7>*?LT6JW%L+*"SM6W);P!MV"W\3%N?_ ->
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M/OHG\VVD?LI.>&''&>?;(ST/A+P?'X<%S>W=TVHZY?-OO=0D7#2'LJC^%!V
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MR7US?/!&%:YN6W22'N2?\X&*EM-,L+">ZGM+."":[D\VX>- IE?&,L1U-6Z
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MM+-:6>HS.K&9$?88V7.6XY#>W7I7H^G:=::3IUOI]A L%I;H(XHEZ*H_SUH
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M,VYYX5D9-KKCD84$'T(Z]O2[>WAM;>*WMXDBAB0)'&@PJJ!@ #L * )****
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MPMJVJ_%:R\17L=G:Z?I,,D=JT$A::Z+KCY^!A1D\>OKFNZHH **** "BBB@
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.BBB@ HHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>audit_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 audit_001.jpg
M_]C_X  02D9)1@ ! 0$       #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  Y 0X# 2(  A$! Q$!_\0
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M0U;^R;+4+C3M.U"Z@BLY_P C_ ]O /\ @XR^,4@@B\P_\$P],N"ZQJ)C<?\
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MAAX0L_'_ ,2O$OQX^'?@+4;^TTK3_&WCG]BO]M3PEX1OM4OA<&STVS\2:_\
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MKT:F75,92K9PJN)]G/ZMAXU*]/#TJ<*:E7]IC5A)UFJ^'2I85<K<I)+\4?\
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MOI\$\_D:;K,>JVRP7*+&DT$H3Y+,\]R;%X]U*6883#X*O4I83+(5,3AZE2.
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M+$2HN@JM.E6KT:<ISIT(N:[/_@IG(J_\$[_VX"S!<_LI?'A<L<#<_P --?1
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M8T::<:.,KX>5.$\%C*M.$7BZ'-6H_6E7JX:K*C44*3Z***XSW HHHH ****
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0O)R:311117J&@4444 ?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>9
<FILENAME>pltm-20250630.xsd
<DESCRIPTION>XBRL SCHEMA FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: 96Mps7xRiXgen8uDanwsWaSIObP9z5Z82ekhvWB7bcnKXyEpwJoOyyKe53YmYUME -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns:srt="http://fasb.org/srt/2025" xmlns:srt-types="http://fasb.org/srt-types/2025" xmlns:ecd="http://xbrl.sec.gov/ecd/2025" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:PLTM="http://graniteshares.com/20250630" elementFormDefault="qualified" targetNamespace="http://graniteshares.com/20250630">
    <annotation>
      <appinfo>
        <link:roleType roleURI="http://graniteshares.com/role/Cover" id="Cover">
          <link:definition>00000001 - Document - Cover</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" id="StatementsOfAssetsAndLiabilities">
          <link:definition>00000002 - Statement - Statements of Assets and Liabilities</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" id="StatementsOfAssetsAndLiabilitiesParenthetical">
          <link:definition>00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/SchedulesOfInvestments" id="SchedulesOfInvestments">
          <link:definition>00000004 - Statement - Schedules of Investments</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/StatementsOfOperations" id="StatementsOfOperations">
          <link:definition>00000005 - Statement - Statements of Operations</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssets" id="StatementsOfChangesInNetAssets">
          <link:definition>00000006 - Statement - Statements of Changes in Net Assets</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" id="StatementsOfChangesInNetAssetsParenthetical">
          <link:definition>00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/FinancialHighlights" id="FinancialHighlights">
          <link:definition>00000008 - Statement - Financial Highlights</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/Organization" id="Organization">
          <link:definition>999014 - Disclosure - Organization</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" id="BasisOfAccountingAndSignificantAccountingPolicies">
          <link:definition>999015 - Disclosure - Basis of Accounting and Significant Accounting Policies</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/InvestmentInPlatinum" id="InvestmentInPlatinum">
          <link:definition>999016 - Disclosure - Investment in Platinum</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" id="RelatedPartiesSponsorAndTrustee">
          <link:definition>999017 - Disclosure - Related parties &#8211; Sponsor and Trustee</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/ConcentrationOfRisk" id="ConcentrationOfRisk">
          <link:definition>999018 - Disclosure - Concentration of risk</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/Indemnification" id="Indemnification">
          <link:definition>999019 - Disclosure - Indemnification</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/SubsequentEvents" id="SubsequentEvents">
          <link:definition>999020 - Disclosure - Subsequent events</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" id="BasisOfAccountingAndSignificantAccountingPoliciesPolicies">
          <link:definition>999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" id="BasisOfAccountingAndSignificantAccountingPoliciesTables">
          <link:definition>999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/InvestmentInPlatinumTables" id="InvestmentInPlatinumTables">
          <link:definition>999023 - Disclosure - Investment in Platinum (Tables)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" id="ScheduleOfTrustInvestmentsFairValueDetails">
          <link:definition>999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" id="BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative">
          <link:definition>999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" id="ScheduleOfInvestmentInPlatinumDetails">
          <link:definition>999026 - Disclosure - Schedule of Investment in Platinum (Details)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:roleType roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" id="RelatedPartiesSponsorAndTrusteeDetailsNarrative">
          <link:definition>999027 - Disclosure - Related parties &#8211; Sponsor and Trustee (Details Narrative)</link:definition>
          <link:usedOn>link:presentationLink</link:usedOn>
          <link:usedOn>link:calculationLink</link:usedOn>
          <link:usedOn>link:definitionLink</link:usedOn>
        </link:roleType>
        <link:linkbaseRef xlink:type="simple" xlink:href="pltm-20250630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="pltm-20250630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="pltm-20250630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Calculation Links" />
        <link:linkbaseRef xlink:type="simple" xlink:href="pltm-20250630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd" />
    <import namespace="http://fasb.org/us-gaap/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd" />
    <import namespace="http://fasb.org/us-types/2025" schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/2022-03-31" schemaLocation="https://www.xbrl.org/dtr/type/2022-03-31/types.xsd" />
    <import namespace="http://xbrl.sec.gov/ecd/2025" schemaLocation="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2025" schemaLocation="https://xbrl.sec.gov/country/2025/country-2025.xsd" />
    <import namespace="http://fasb.org/srt/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd" />
    <import namespace="http://fasb.org/srt-types/2025" schemaLocation="https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd" />
    <element id="PLTM_PlatinumMember" name="PlatinumMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_SponsorMember" name="SponsorMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_NoInsiderTradingFlag" name="NoInsiderTradingFlag" nillable="true" xbrli:periodType="duration" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_PayableForPlatinumPurchased" name="PayableForPlatinumPurchased" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_NetAssetsPercentageOfNetAssets" name="NetAssetsPercentageOfNetAssets" nillable="true" xbrli:periodType="instant" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" name="RealizedInvestmentGainsLossesForRedemptionOfShares" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" name="ChangeInUnrealizedGainLossOnInvestmentInBullion" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_AggregateGainLossOnBullion" name="AggregateGainLossOnBullion" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" name="ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" name="CustodyAndValuationOfPlatinumPolicyTextBlock" nillable="true" xbrli:periodType="duration" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ExpensesPolicyTextBlock" name="ExpensesPolicyTextBlock" nillable="true" xbrli:periodType="duration" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ReceivableAndPayablePolicyTextBlock" name="ReceivableAndPayablePolicyTextBlock" nillable="true" xbrli:periodType="duration" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock" name="CreationsAndRedemptionsOfSharesPolicyTextBlock" nillable="true" xbrli:periodType="duration" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_InvestmentsInBullionTableTextBlock" name="InvestmentsInBullionTableTextBlock" nillable="true" xbrli:periodType="duration" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_PercentageOfAllocatedPlatinumAvailableToSale" name="PercentageOfAllocatedPlatinumAvailableToSale" nillable="true" xbrli:periodType="duration" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_FeePaidToSponsor" name="FeePaidToSponsor" nillable="true" xbrli:periodType="duration" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" name="MinimumBlockOfSharesIssuedRedeemedAgainstBullion" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_TransactionFeeForCreationsAndRedemptions" name="TransactionFeeForCreationsAndRedemptions" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" name="MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" nillable="true" xbrli:periodType="instant" type="dtr-types:massItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ContributedOuncesOfBullion" name="ContributedOuncesOfBullion" nillable="true" xbrli:periodType="duration" type="dtr-types:massItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ContributedValueOfBullion" name="ContributedValueOfBullion" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_DistributedOuncesOfBullion" name="DistributedOuncesOfBullion" nillable="true" xbrli:periodType="duration" type="dtr-types:massItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_DistributedValueOfBullion" name="DistributedValueOfBullion" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ChangeInUnrealizedAppreciationDepreciation" name="ChangeInUnrealizedAppreciationDepreciation" nillable="true" xbrli:periodType="duration" type="dtr-types:massItemType" substitutionGroup="xbrli:item" />
    <element id="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" name="ChangeInUnrealizedAppreciationAndDepreciationAmount" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>10
<FILENAME>pltm-20250630_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Cover" roleURI="http://graniteshares.com/role/Cover" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilities" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilitiesParenthetical" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SchedulesOfInvestments" roleURI="http://graniteshares.com/role/SchedulesOfInvestments" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfOperations" roleURI="http://graniteshares.com/role/StatementsOfOperations" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssets" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssets" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssetsParenthetical" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#FinancialHighlights" roleURI="http://graniteshares.com/role/FinancialHighlights" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Organization" roleURI="http://graniteshares.com/role/Organization" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinum" roleURI="http://graniteshares.com/role/InvestmentInPlatinum" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrustee" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ConcentrationOfRisk" roleURI="http://graniteshares.com/role/ConcentrationOfRisk" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Indemnification" roleURI="http://graniteshares.com/role/Indemnification" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SubsequentEvents" roleURI="http://graniteshares.com/role/SubsequentEvents" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesTables" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinumTables" roleURI="http://graniteshares.com/role/InvestmentInPlatinumTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfTrustInvestmentsFairValueDetails" roleURI="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfInvestmentInPlatinumDetails" roleURI="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrusteeDetailsNarrative" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Cover" xlink:title="00000001 - Document - Cover" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" xlink:title="00000002 - Statement - Statements of Assets and Liabilities">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaapOtherReceivables" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapOtherReceivables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PayableForPlatinumPurchased" xlink:label="loc_PLTMPayableForPlatinumPurchased" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_PLTMPayableForPlatinumPurchased" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrent" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapAccountsPayableCurrentAndNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsNet" xlink:to="loc_us-gaapAssets" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsNet" xlink:to="loc_us-gaapLiabilities" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" xlink:title="00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SchedulesOfInvestments" xlink:title="00000004 - Statement - Schedules of Investments" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfOperations" xlink:title="00000005 - Statement - Statements of Operations">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SponsorFees" xlink:label="loc_us-gaapSponsorFees" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapSponsorFees" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaapGainLossOnInvestments" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapGainLossOnInvestments" xlink:to="loc_us-gaapOperatingExpenses" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="loc_us-gaapRealizedInvestmentGainsLosses" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:label="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealizedInvestmentGainsLosses" xlink:to="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:label="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealizedInvestmentGainsLosses" xlink:to="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_AggregateGainLossOnBullion" xlink:label="loc_PLTMAggregateGainLossOnBullion" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_PLTMAggregateGainLossOnBullion" xlink:to="loc_us-gaapRealizedInvestmentGainsLosses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:label="loc_PLTMChangeInUnrealizedGainLossOnInvestmentInBullion" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_PLTMAggregateGainLossOnBullion" xlink:to="loc_PLTMChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_us-gaapGainLossOnInvestments" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_PLTMAggregateGainLossOnBullion" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssets" xlink:title="00000006 - Statement - Statements of Changes in Net Assets" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" xlink:title="00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/FinancialHighlights" xlink:title="00000008 - Statement - Financial Highlights" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Organization" xlink:title="999014 - Disclosure - Organization" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" xlink:title="999015 - Disclosure - Basis of Accounting and Significant Accounting Policies" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinum" xlink:title="999016 - Disclosure - Investment in Platinum" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" xlink:title="999017 - Disclosure - Related parties &#8211; Sponsor and Trustee" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ConcentrationOfRisk" xlink:title="999018 - Disclosure - Concentration of risk" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Indemnification" xlink:title="999019 - Disclosure - Indemnification" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SubsequentEvents" xlink:title="999020 - Disclosure - Subsequent events" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" xlink:title="999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" xlink:title="999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinumTables" xlink:title="999023 - Disclosure - Investment in Platinum (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" xlink:title="999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" xlink:title="999026 - Disclosure - Schedule of Investment in Platinum (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" xlink:title="999027 - Disclosure - Related parties &#8211; Sponsor and Trustee (Details Narrative)" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>11
<FILENAME>pltm-20250630_def.xml
<DESCRIPTION>XBRL DEFINITION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Cover" roleURI="http://graniteshares.com/role/Cover" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilities" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilitiesParenthetical" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SchedulesOfInvestments" roleURI="http://graniteshares.com/role/SchedulesOfInvestments" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfOperations" roleURI="http://graniteshares.com/role/StatementsOfOperations" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssets" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssets" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssetsParenthetical" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#FinancialHighlights" roleURI="http://graniteshares.com/role/FinancialHighlights" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Organization" roleURI="http://graniteshares.com/role/Organization" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinum" roleURI="http://graniteshares.com/role/InvestmentInPlatinum" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrustee" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ConcentrationOfRisk" roleURI="http://graniteshares.com/role/ConcentrationOfRisk" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Indemnification" roleURI="http://graniteshares.com/role/Indemnification" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SubsequentEvents" roleURI="http://graniteshares.com/role/SubsequentEvents" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesTables" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinumTables" roleURI="http://graniteshares.com/role/InvestmentInPlatinumTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfTrustInvestmentsFairValueDetails" roleURI="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfInvestmentInPlatinumDetails" roleURI="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrusteeDetailsNarrative" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpDisclosureWithAdditionalMeasures" roleURI="http://xbrl.sec.gov/ecd/role/PvpDisclosureWithAdditionalMeasures" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpTable" roleURI="http://xbrl.sec.gov/ecd/role/PvpTable" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpAdjustmentsToCompensation" roleURI="http://xbrl.sec.gov/ecd/role/PvpAdjustmentsToCompensation" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#TabularListsByExecutiveCategory" roleURI="http://xbrl.sec.gov/ecd/role/TabularListsByExecutiveCategory" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#TabularListMeasures" roleURI="http://xbrl.sec.gov/ecd/role/TabularListMeasures" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpMeasures" roleURI="http://xbrl.sec.gov/ecd/role/PvpMeasures" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpExecutiveCategoriesOnly" roleURI="http://xbrl.sec.gov/ecd/role/PvpExecutiveCategoriesOnly" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpAdjustmentsOnly" roleURI="http://xbrl.sec.gov/ecd/role/PvpAdjustmentsOnly" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#IndividualsOnly" roleURI="http://xbrl.sec.gov/ecd/role/IndividualsOnly" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#AwardTypeOnly" roleURI="http://xbrl.sec.gov/ecd/AwardTypeOnly" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#TradingArrangmentsOnly" roleURI="http://xbrl.sec.gov/ecd/role/TradingArrangementsOnly" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ForgoneRecoveries" roleURI="http://xbrl.sec.gov/ecd/role/ForgoneRecoveries" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#OutstandingRecoveries" roleURI="http://xbrl.sec.gov/ecd/role/OutstandingRecoveries" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#AwardsCloseToMnpiDisc" roleURI="http://xbrl.sec.gov/ecd/role/AwardsCloseToMnpiDisc" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#InsiderTradingArrangemenstByInd" roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangementsByInd" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#Defaults" roleURI="http://xbrl.sec.gov/ecd/role/Defaults" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" arcroleURI="http://xbrl.org/int/dim/arcrole/all" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll" arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Cover" xlink:title="00000001 - Document - Cover" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" xlink:title="00000002 - Statement - Statements of Assets and Liabilities">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="loc_us-gaapRelatedPartyMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapRelatedPartyDomain" xlink:to="loc_us-gaapRelatedPartyMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaapAssetsAbstract_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapAssetsAbstract_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapAssetsAbstract_50" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaapOtherReceivables_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapAssetsAbstract_50" xlink:to="loc_us-gaapOtherReceivables_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapAssetsAbstract_50" xlink:to="loc_us-gaapAssets_50" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaapLiabilitiesAbstract_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapLiabilitiesAbstract_50" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PayableForPlatinumPurchased" xlink:label="loc_PLTMPayableForPlatinumPurchased_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLiabilitiesAbstract_50" xlink:to="loc_PLTMPayableForPlatinumPurchased_50" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrent_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLiabilitiesAbstract_50" xlink:to="loc_us-gaapAccountsPayableCurrentAndNoncurrent_50" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLiabilitiesAbstract_50" xlink:to="loc_us-gaapLiabilities_50" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapAssetsNet_50" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapCommonStockSharesIssued_50" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapCommonStockSharesOutstanding_50" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetAssetValuePerShare" xlink:label="loc_us-gaapNetAssetValuePerShare_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapNetAssetValuePerShare_50" xlink:type="arc" order="11" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" xlink:title="00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SchedulesOfInvestments" xlink:title="00000004 - Statement - Schedules of Investments">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementScenarioAxis" xlink:label="loc_srtStatementScenarioAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_srtStatementScenarioAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="loc_srtScenarioUnspecifiedDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtStatementScenarioAxis" xlink:to="loc_srtScenarioUnspecifiedDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="loc_srtScenarioUnspecifiedDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtStatementScenarioAxis" xlink:to="loc_srtScenarioUnspecifiedDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PlatinumMember" xlink:label="loc_PLTMPlatinumMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtScenarioUnspecifiedDomain" xlink:to="loc_PLTMPlatinumMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:label="loc_us-gaapInvestmentOwnedBalanceOtherMeasure_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedBalanceOtherMeasure_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="loc_us-gaapInvestmentOwnedAtCost_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedAtCost_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="loc_us-gaapInvestmentOwnedAtFairValue_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedAtFairValue_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="loc_us-gaapInvestmentOwnedPercentOfNetAssets_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedPercentOfNetAssets_50" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities" xlink:label="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilities_50" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" xlink:label="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_50" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssetsNet_50" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_NetAssetsPercentageOfNetAssets" xlink:label="loc_PLTMNetAssetsPercentageOfNetAssets_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMNetAssetsPercentageOfNetAssets_50" xlink:type="arc" order="7" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfOperations" xlink:title="00000005 - Statement - Statements of Operations" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssets" xlink:title="00000006 - Statement - Statements of Changes in Net Assets" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" xlink:title="00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/FinancialHighlights" xlink:title="00000008 - Statement - Financial Highlights" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Organization" xlink:title="999014 - Disclosure - Organization" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" xlink:title="999015 - Disclosure - Basis of Accounting and Significant Accounting Policies" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinum" xlink:title="999016 - Disclosure - Investment in Platinum" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" xlink:title="999017 - Disclosure - Related parties &#8211; Sponsor and Trustee" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ConcentrationOfRisk" xlink:title="999018 - Disclosure - Concentration of risk" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Indemnification" xlink:title="999019 - Disclosure - Indemnification" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SubsequentEvents" xlink:title="999020 - Disclosure - Subsequent events" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" xlink:title="999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" xlink:title="999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinumTables" xlink:title="999023 - Disclosure - Investment in Platinum (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" xlink:title="999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetLineItems" xlink:label="loc_srtPlatformOperatorCryptoAssetLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetTable" xlink:label="loc_srtPlatformOperatorCryptoAssetTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_srtPlatformOperatorCryptoAssetLineItems" xlink:to="loc_srtPlatformOperatorCryptoAssetTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_srtPlatformOperatorCryptoAssetTable" xlink:to="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" xlink:to="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" xlink:to="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaapFairValueInputsLevel1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaapFairValueInputsLevel2Member_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel2Member_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaapFairValueInputsLevel3Member_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel3Member_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaapFinancialInstrumentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_srtPlatformOperatorCryptoAssetTable" xlink:to="loc_us-gaapFinancialInstrumentAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapFinancialInstrumentAxis" xlink:to="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapFinancialInstrumentAxis" xlink:to="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PlatinumMember" xlink:label="loc_PLTMPlatinumMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="loc_PLTMPlatinumMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtPlatformOperatorCryptoAssetLineItems" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities_130" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualAxis" xlink:label="loc_srtTitleOfIndividualAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_srtTitleOfIndividualAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtTitleOfIndividualAxis" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtTitleOfIndividualAxis" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_SponsorMember" xlink:label="loc_PLTMSponsorMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" xlink:to="loc_PLTMSponsorMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PercentageOfAllocatedPlatinumAvailableToSale" xlink:label="loc_PLTMPercentageOfAllocatedPlatinumAvailableToSale_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMPercentageOfAllocatedPlatinumAvailableToSale_80" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="loc_us-gaapFairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapFairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_80" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_FeePaidToSponsor" xlink:label="loc_PLTMFeePaidToSponsor_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMFeePaidToSponsor_80" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:label="loc_us-gaapRelatedPartyTransactionAmountsOfTransaction_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRelatedPartyTransactionAmountsOfTransaction_80" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SponsorFees" xlink:label="loc_us-gaapSponsorFees_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSponsorFees_80" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:label="loc_PLTMMinimumBlockOfSharesIssuedRedeemedAgainstBullion_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMMinimumBlockOfSharesIssuedRedeemedAgainstBullion_80" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_TransactionFeeForCreationsAndRedemptions" xlink:label="loc_PLTMTransactionFeeForCreationsAndRedemptions_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMTransactionFeeForCreationsAndRedemptions_80" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:label="loc_PLTMMaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMMaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_80" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaapUnrecognizedTaxBenefits_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapUnrecognizedTaxBenefits_80" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExaminationDescription" xlink:label="loc_us-gaapIncomeTaxExaminationDescription_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeTaxExaminationDescription_80" xlink:type="arc" order="9" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" xlink:title="999026 - Disclosure - Schedule of Investment in Platinum (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" xlink:title="999027 - Disclosure - Related parties &#8211; Sponsor and Trustee (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaapRelatedPartyTransactionLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapRelatedPartyTransactionLineItems" xlink:to="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeAxis" xlink:label="loc_srtRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="loc_srtRangeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MaximumMember" xlink:label="loc_srtMaximumMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_srtRangeMember" xlink:to="loc_srtMaximumMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="loc_us-gaapRelatedPartyMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapRelatedPartyDomain" xlink:to="loc_us-gaapRelatedPartyMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LegalFees" xlink:label="loc_us-gaapLegalFees_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapRelatedPartyTransactionLineItems" xlink:to="loc_us-gaapLegalFees_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_FeePaidToSponsor" xlink:label="loc_PLTMFeePaidToSponsor_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapRelatedPartyTransactionLineItems" xlink:to="loc_PLTMFeePaidToSponsor_30" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/PvpExecutiveCategoriesOnly" />
    <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/PvpAdjustmentsOnly" />
    <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/IndividualsOnly" />
    <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/AwardTypeOnly" />
    <link:definitionLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/TradingArrangementsOnly" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>12
<FILENAME>pltm-20250630_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US">Related and Nonrelated Parties [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="us-gaap_RelatedPartyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyMember" xlink:to="us-gaap_RelatedPartyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyMember_lbl" xml:lang="en-US">Related Party [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementScenarioAxis" xlink:label="srt_StatementScenarioAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementScenarioAxis" xlink:to="srt_StatementScenarioAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_StatementScenarioAxis_lbl" xml:lang="en-US">Scenario [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PlatinumMember" xlink:label="PLTM_PlatinumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PlatinumMember" xlink:to="PLTM_PlatinumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_PlatinumMember_lbl" xml:lang="en-US">Platinum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualAxis" xlink:label="srt_TitleOfIndividualAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_TitleOfIndividualAxis" xlink:to="srt_TitleOfIndividualAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_TitleOfIndividualAxis_lbl" xml:lang="en-US">Title and Position [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_SponsorMember" xlink:label="PLTM_SponsorMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_SponsorMember" xlink:to="PLTM_SponsorMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_SponsorMember_lbl" xml:lang="en-US">Sponsor [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="us-gaap_FinancialInstrumentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xml:lang="en-US">Financial Instrument [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RangeAxis_lbl" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MaximumMember" xlink:to="srt_MaximumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MaximumMember_lbl" xml:lang="en-US">Maximum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag_lbl" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_NoInsiderTradingFlag" xlink:label="PLTM_NoInsiderTradingFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_NoInsiderTradingFlag" xlink:to="PLTM_NoInsiderTradingFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_NoInsiderTradingFlag_lbl" xml:lang="en-US">No insider trading flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorFirmId_lbl" xml:lang="en-US">Auditor Firm ID</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName" xlink:label="dei_AuditorName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorName_lbl" xml:lang="en-US">Auditor Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorLocation_lbl" xml:lang="en-US">Auditor Location</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_lbl" xml:lang="en-US">Defined Benefit Plan [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:to="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US">Defined Benefit Plan Disclosure [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US">Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="us-gaap_InvestmentInPhysicalCommodities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentInPhysicalCommodities" xlink:to="us-gaap_InvestmentInPhysicalCommodities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentInPhysicalCommodities_lbl" xml:lang="en-US">Investment in platinum, at fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherReceivables" xlink:label="us-gaap_OtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivables" xlink:to="us-gaap_OtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherReceivables_lbl" xml:lang="en-US">Platinum receivable for fund shares sold</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">Total Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PayableForPlatinumPurchased" xlink:label="PLTM_PayableForPlatinumPurchased" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PayableForPlatinumPurchased" xlink:to="PLTM_PayableForPlatinumPurchased_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_PayableForPlatinumPurchased_lbl" xml:lang="en-US">Payable for platinum purchased</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:to="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xml:lang="en-US">Fees payable to Sponsor</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Total Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="us-gaap_AssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsNet_lbl" xml:lang="en-US">Net Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US">Shares issued</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US">Shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetAssetValuePerShare" xlink:label="us-gaap_NetAssetValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xml:lang="en-US">Net asset value per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsAbstract" xlink:to="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xml:lang="en-US">Schedule of Investments [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="us-gaap_InvestmentOwnedAtCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtCost" xlink:to="us-gaap_InvestmentOwnedAtCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xml:lang="en-US">Cost of investment in platinum bullion</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockNoParValue" xlink:label="us-gaap_CommonStockNoParValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockNoParValue" xlink:to="us-gaap_CommonStockNoParValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockNoParValue_lbl" xml:lang="en-US">Common stock, par value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:to="us-gaap_CommonStockSharesAuthorizedUnlimited_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited_lbl" xml:lang="en-US">Common stock, shares authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US">Statement [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:label="us-gaap_InvestmentOwnedBalanceOtherMeasure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:to="us-gaap_InvestmentOwnedBalanceOtherMeasure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedBalanceOtherMeasure_lbl" xml:lang="en-US">Investment in platinum bullion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtCost" xlink:to="us-gaap_InvestmentOwnedAtCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentOwnedAtCost_2_lbl" xml:lang="en-US">Cost</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="us-gaap_InvestmentOwnedAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xml:lang="en-US">Fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xml:lang="en-US">Percentage of net assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities" xlink:to="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities_lbl" xml:lang="en-US">Assets less liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" xlink:to="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_lbl" xml:lang="en-US">Assets less liabilities, percentage of net assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNet_2_lbl" xml:lang="en-US">Net assets</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_NetAssetsPercentageOfNetAssets" xlink:label="PLTM_NetAssetsPercentageOfNetAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_NetAssetsPercentageOfNetAssets" xlink:to="PLTM_NetAssetsPercentageOfNetAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_NetAssetsPercentageOfNetAssets_lbl" xml:lang="en-US">Net assets, percentage of net assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US">Income Statement [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="us-gaap_OperatingExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xml:lang="en-US">Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SponsorFees" xlink:label="us-gaap_SponsorFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SponsorFees" xlink:to="us-gaap_SponsorFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SponsorFees_lbl" xml:lang="en-US">Sponsor fees</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingExpenses_lbl" xml:lang="en-US">Total expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments" xlink:label="us-gaap_GainLossOnInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US">Net investment loss</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestmentsAbstract" xlink:label="us-gaap_GainLossOnInvestmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestmentsAbstract" xlink:to="us-gaap_GainLossOnInvestmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestmentsAbstract_lbl" xml:lang="en-US">Net realized and unrealized gains (losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealizedInvestmentGainsLossesAbstract" xlink:label="us-gaap_RealizedInvestmentGainsLossesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealizedInvestmentGainsLossesAbstract" xlink:to="us-gaap_RealizedInvestmentGainsLossesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealizedInvestmentGainsLossesAbstract_lbl" xml:lang="en-US">Net realized gain (loss) from:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:label="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:to="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses_lbl" xml:lang="en-US">Platinum sold to pay expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:label="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:to="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_lbl" xml:lang="en-US">Platinum distributed for the redemption of Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="us-gaap_RealizedInvestmentGainsLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealizedInvestmentGainsLosses" xlink:to="us-gaap_RealizedInvestmentGainsLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RealizedInvestmentGainsLosses_lbl" xml:lang="en-US">Net realized gain (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:label="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:to="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion_lbl" xml:lang="en-US">Net change in unrealized appreciation (depreciation)</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_AggregateGainLossOnBullion" xlink:label="PLTM_AggregateGainLossOnBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_AggregateGainLossOnBullion" xlink:to="PLTM_AggregateGainLossOnBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="PLTM_AggregateGainLossOnBullion_lbl" xml:lang="en-US">Net realized and unrealized gain (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net increase (decrease) in net assets resulting from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US">Net increase (decrease) in net assets per share, basic</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US">Net increase (decrease) in net assets per share, diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US">Weighted average number of shares, basic</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US">Weighted average number of shares, diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_AssetsNet_3_lbl" xml:lang="en-US">Net Assets &#8211; beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US">Creation of 3,150,000, 850,000 and 350,000 shares respectively</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xml:lang="en-US">Redemption of (1,000,000), (450,000), and (1,400,000) shares respectively</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestments_2_lbl" xml:lang="en-US">Net investment income (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:to="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses_2_lbl" xml:lang="en-US">Net realized gain (loss) from platinum bullion sold to pay expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:to="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_2_lbl" xml:lang="en-US">Net realized gain (loss) from platinum bullion distributed for redemptions</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" xlink:to="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion_lbl" xml:lang="en-US">Net change in unrealized gain (loss) on investment in platinum bullion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_AssetsNet_4_lbl" xml:lang="en-US">Net Assets &#8211; end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xml:lang="en-US">Creations, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xml:lang="en-US">Redemptions, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_NetAssetValuePerShare_2_lbl" xml:lang="en-US">Net asset value per Share at beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xml:lang="en-US">Net investment income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" xlink:to="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xml:lang="en-US">Net realized and unrealized gain (loss) on investment in platinum</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xml:lang="en-US">Net change in net assets from operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetAssetValuePerShare" xlink:to="us-gaap_NetAssetValuePerShare_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_NetAssetValuePerShare_3_lbl" xml:lang="en-US">Net asset value per Share at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyMarketValuePerShare" xlink:label="us-gaap_InvestmentCompanyMarketValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyMarketValuePerShare" xlink:to="us-gaap_InvestmentCompanyMarketValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_InvestmentCompanyMarketValuePerShare_lbl" xml:lang="en-US">Market value per Share at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyTotalReturn" xlink:label="us-gaap_InvestmentCompanyTotalReturn" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyTotalReturn" xlink:to="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xml:lang="en-US">Total return ratio, at net asset value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyTotalReturnMarketValue" xlink:label="us-gaap_InvestmentCompanyTotalReturnMarketValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyTotalReturnMarketValue" xlink:to="us-gaap_InvestmentCompanyTotalReturnMarketValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyTotalReturnMarketValue_lbl" xml:lang="en-US">Total return ratio, at market price</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyFinancialRatiosAbstract" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyFinancialRatiosAbstract" xlink:to="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xml:lang="en-US">Ratio to average net assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossRatio" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xml:lang="en-US">Net investment loss</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:label="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_lbl" xml:lang="en-US">Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTable" xlink:label="ecd_PvpTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PvpTable" xlink:to="ecd_PvpTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PvpTable_lbl" xml:lang="en-US">Pay vs Performance Disclosure [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ExecutiveCategoryAxis" xlink:label="ecd_ExecutiveCategoryAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ExecutiveCategoryAxis" xlink:to="ecd_ExecutiveCategoryAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ExecutiveCategoryAxis_lbl" xml:lang="en-US">Executive Category [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis" xlink:label="ecd_IndividualAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_IndividualAxis" xlink:to="ecd_IndividualAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_IndividualAxis_lbl" xml:lang="en-US">Individual [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAxis" xlink:label="ecd_AdjToCompAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AdjToCompAxis" xlink:to="ecd_AdjToCompAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AdjToCompAxis_lbl" xml:lang="en-US">Adjustment to Compensation [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MeasureAxis" xlink:label="ecd_MeasureAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_MeasureAxis" xlink:to="ecd_MeasureAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_MeasureAxis_lbl" xml:lang="en-US">Measure [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTableTextBlock" xlink:label="ecd_PvpTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PvpTableTextBlock" xlink:to="ecd_PvpTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PvpTableTextBlock_lbl" xml:lang="en-US">Pay vs Performance Disclosure, Table</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CoSelectedMeasureName" xlink:label="ecd_CoSelectedMeasureName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CoSelectedMeasureName" xlink:to="ecd_CoSelectedMeasureName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CoSelectedMeasureName_lbl" xml:lang="en-US">Company Selected Measure Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NamedExecutiveOfficersFnTextBlock" xlink:label="ecd_NamedExecutiveOfficersFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NamedExecutiveOfficersFnTextBlock" xlink:to="ecd_NamedExecutiveOfficersFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NamedExecutiveOfficersFnTextBlock_lbl" xml:lang="en-US">Named Executive Officers, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupIssuersFnTextBlock" xlink:label="ecd_PeerGroupIssuersFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PeerGroupIssuersFnTextBlock" xlink:to="ecd_PeerGroupIssuersFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PeerGroupIssuersFnTextBlock_lbl" xml:lang="en-US">Peer Group Issuers, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ChangedPeerGroupFnTextBlock" xlink:label="ecd_ChangedPeerGroupFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ChangedPeerGroupFnTextBlock" xlink:to="ecd_ChangedPeerGroupFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ChangedPeerGroupFnTextBlock_lbl" xml:lang="en-US">Changed Peer Group, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoTotalCompAmt" xlink:label="ecd_PeoTotalCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PeoTotalCompAmt" xlink:to="ecd_PeoTotalCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PeoTotalCompAmt_lbl" xml:lang="en-US">PEO Total Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoActuallyPaidCompAmt" xlink:label="ecd_PeoActuallyPaidCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PeoActuallyPaidCompAmt" xlink:to="ecd_PeoActuallyPaidCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PeoActuallyPaidCompAmt_lbl" xml:lang="en-US">PEO Actually Paid Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToPeoCompFnTextBlock" xlink:label="ecd_AdjToPeoCompFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AdjToPeoCompFnTextBlock" xlink:to="ecd_AdjToPeoCompFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AdjToPeoCompFnTextBlock_lbl" xml:lang="en-US">Adjustment To PEO Compensation, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonPeoNeoAvgTotalCompAmt" xlink:label="ecd_NonPeoNeoAvgTotalCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NonPeoNeoAvgTotalCompAmt" xlink:to="ecd_NonPeoNeoAvgTotalCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NonPeoNeoAvgTotalCompAmt_lbl" xml:lang="en-US">Non-PEO NEO Average Total Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonPeoNeoAvgCompActuallyPaidAmt" xlink:label="ecd_NonPeoNeoAvgCompActuallyPaidAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NonPeoNeoAvgCompActuallyPaidAmt" xlink:to="ecd_NonPeoNeoAvgCompActuallyPaidAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NonPeoNeoAvgCompActuallyPaidAmt_lbl" xml:lang="en-US">Non-PEO NEO Average Compensation Actually Paid Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:label="ecd_AdjToNonPeoNeoCompFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:to="ecd_AdjToNonPeoNeoCompFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AdjToNonPeoNeoCompFnTextBlock_lbl" xml:lang="en-US">Adjustment to Non-PEO NEO Compensation Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_EquityValuationAssumptionDifferenceFnTextBlock" xlink:label="ecd_EquityValuationAssumptionDifferenceFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_EquityValuationAssumptionDifferenceFnTextBlock" xlink:to="ecd_EquityValuationAssumptionDifferenceFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_EquityValuationAssumptionDifferenceFnTextBlock_lbl" xml:lang="en-US">Equity Valuation Assumption Difference, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock" xlink:label="ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock" xlink:to="ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock_lbl" xml:lang="en-US">Compensation Actually Paid vs. Total Shareholder Return</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsNetIncomeTextBlock" xlink:label="ecd_CompActuallyPaidVsNetIncomeTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CompActuallyPaidVsNetIncomeTextBlock" xlink:to="ecd_CompActuallyPaidVsNetIncomeTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CompActuallyPaidVsNetIncomeTextBlock_lbl" xml:lang="en-US">Compensation Actually Paid vs. Net Income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:label="ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:to="ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock_lbl" xml:lang="en-US">Compensation Actually Paid vs. Company Selected Measure</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:label="ecd_TotalShareholderRtnVsPeerGroupTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:to="ecd_TotalShareholderRtnVsPeerGroupTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TotalShareholderRtnVsPeerGroupTextBlock_lbl" xml:lang="en-US">Total Shareholder Return Vs Peer Group</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsOtherMeasureTextBlock" xlink:label="ecd_CompActuallyPaidVsOtherMeasureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CompActuallyPaidVsOtherMeasureTextBlock" xlink:to="ecd_CompActuallyPaidVsOtherMeasureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CompActuallyPaidVsOtherMeasureTextBlock_lbl" xml:lang="en-US">Compensation Actually Paid vs. Other Measure</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TabularListTableTextBlock" xlink:label="ecd_TabularListTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TabularListTableTextBlock" xlink:to="ecd_TabularListTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TabularListTableTextBlock_lbl" xml:lang="en-US">Tabular List, Table</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TotalShareholderRtnAmt" xlink:label="ecd_TotalShareholderRtnAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TotalShareholderRtnAmt" xlink:to="ecd_TotalShareholderRtnAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TotalShareholderRtnAmt_lbl" xml:lang="en-US">Total Shareholder Return Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupTotalShareholderRtnAmt" xlink:label="ecd_PeerGroupTotalShareholderRtnAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PeerGroupTotalShareholderRtnAmt" xlink:to="ecd_PeerGroupTotalShareholderRtnAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PeerGroupTotalShareholderRtnAmt_lbl" xml:lang="en-US">Peer Group Total Shareholder Return Amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US">Net Income (Loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CoSelectedMeasureAmt" xlink:label="ecd_CoSelectedMeasureAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_CoSelectedMeasureAmt" xlink:to="ecd_CoSelectedMeasureAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_CoSelectedMeasureAmt_lbl" xml:lang="en-US">Company Selected Measure Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OtherPerfMeasureAmt" xlink:label="ecd_OtherPerfMeasureAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_OtherPerfMeasureAmt" xlink:to="ecd_OtherPerfMeasureAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_OtherPerfMeasureAmt_lbl" xml:lang="en-US">Other Performance Measure, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAmt" xlink:label="ecd_AdjToCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AdjToCompAmt" xlink:to="ecd_AdjToCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AdjToCompAmt_lbl" xml:lang="en-US">Adjustment to Compensation, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoName" xlink:label="ecd_PeoName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PeoName" xlink:to="ecd_PeoName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PeoName_lbl" xml:lang="en-US">PEO Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MeasureName" xlink:label="ecd_MeasureName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_MeasureName" xlink:to="ecd_MeasureName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_MeasureName_lbl" xml:lang="en-US">Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonGaapMeasureDescriptionTextBlock" xlink:label="ecd_NonGaapMeasureDescriptionTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NonGaapMeasureDescriptionTextBlock" xlink:to="ecd_NonGaapMeasureDescriptionTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NonGaapMeasureDescriptionTextBlock_lbl" xml:lang="en-US">Non-GAAP Measure Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Additional402vDisclosureTextBlock" xlink:label="ecd_Additional402vDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_Additional402vDisclosureTextBlock" xlink:to="ecd_Additional402vDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_Additional402vDisclosureTextBlock_lbl" xml:lang="en-US">Additional 402(v) Disclosure</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PnsnBnftsAdjFnTextBlock" xlink:label="ecd_PnsnBnftsAdjFnTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_PnsnBnftsAdjFnTextBlock" xlink:to="ecd_PnsnBnftsAdjFnTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_PnsnBnftsAdjFnTextBlock_lbl" xml:lang="en-US">Pension Benefits Adjustments, Footnote</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ErrCompRecoveryTable" xlink:label="ecd_ErrCompRecoveryTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ErrCompRecoveryTable" xlink:to="ecd_ErrCompRecoveryTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ErrCompRecoveryTable_lbl" xml:lang="en-US">Erroneously Awarded Compensation Recovery [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDateAxis" xlink:label="ecd_RestatementDateAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_RestatementDateAxis" xlink:to="ecd_RestatementDateAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_RestatementDateAxis_lbl" xml:lang="en-US">Restatement Determination Date [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDeterminationDate" xlink:label="ecd_RestatementDeterminationDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_RestatementDeterminationDate" xlink:to="ecd_RestatementDeterminationDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_RestatementDeterminationDate_lbl" xml:lang="en-US">Restatement Determination Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtErrCompAmt" xlink:label="ecd_AggtErrCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AggtErrCompAmt" xlink:to="ecd_AggtErrCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AggtErrCompAmt_lbl" xml:lang="en-US">Aggregate Erroneous Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ErrCompAnalysisTextBlock" xlink:label="ecd_ErrCompAnalysisTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ErrCompAnalysisTextBlock" xlink:to="ecd_ErrCompAnalysisTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ErrCompAnalysisTextBlock_lbl" xml:lang="en-US">Erroneous Compensation Analysis</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:label="ecd_StkPrcOrTsrEstimationMethodTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:to="ecd_StkPrcOrTsrEstimationMethodTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_StkPrcOrTsrEstimationMethodTextBlock_lbl" xml:lang="en-US">Stock Price or TSR Estimation Method</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingAggtErrCompAmt" xlink:label="ecd_OutstandingAggtErrCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_OutstandingAggtErrCompAmt" xlink:to="ecd_OutstandingAggtErrCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_OutstandingAggtErrCompAmt_lbl" xml:lang="en-US">Outstanding Aggregate Erroneous Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtErrCompNotYetDeterminedTextBlock" xlink:label="ecd_AggtErrCompNotYetDeterminedTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AggtErrCompNotYetDeterminedTextBlock" xlink:to="ecd_AggtErrCompNotYetDeterminedTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AggtErrCompNotYetDeterminedTextBlock_lbl" xml:lang="en-US">Aggregate Erroneous Compensation Not Yet Determined</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryIndName" xlink:label="ecd_ForgoneRecoveryIndName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryIndName" xlink:to="ecd_ForgoneRecoveryIndName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ecd_ForgoneRecoveryIndName_lbl" xml:lang="en-US">Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:label="ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:to="ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt_lbl" xml:lang="en-US">Forgone Recovery due to Expense of Enforcement, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:label="ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:to="ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt_lbl" xml:lang="en-US">Forgone Recovery due to Violation of Home Country Law, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:label="ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt_lbl" xml:lang="en-US">Forgone Recovery due to Disqualification of Tax Benefits, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:label="ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:to="ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock_lbl" xml:lang="en-US">Forgone Recovery, Explanation of Impracticability</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingRecoveryIndName" xlink:label="ecd_OutstandingRecoveryIndName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_OutstandingRecoveryIndName" xlink:to="ecd_OutstandingRecoveryIndName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ecd_OutstandingRecoveryIndName_lbl" xml:lang="en-US">Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingRecoveryCompAmt" xlink:label="ecd_OutstandingRecoveryCompAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_OutstandingRecoveryCompAmt" xlink:to="ecd_OutstandingRecoveryCompAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_OutstandingRecoveryCompAmt_lbl" xml:lang="en-US">Compensation Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:label="ecd_RestatementDoesNotRequireRecoveryTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:to="ecd_RestatementDoesNotRequireRecoveryTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_RestatementDoesNotRequireRecoveryTextBlock_lbl" xml:lang="en-US">Restatement does not require Recovery</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscTable" xlink:label="ecd_AwardsCloseToMnpiDiscTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardsCloseToMnpiDiscTable" xlink:to="ecd_AwardsCloseToMnpiDiscTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardsCloseToMnpiDiscTable_lbl" xml:lang="en-US">Awards Close in Time to MNPI Disclosures [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AwardTypeAxis" xlink:to="us-gaap_AwardTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AwardTypeAxis_lbl" xml:lang="en-US">Award Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiDiscTextBlock" xlink:label="ecd_AwardTmgMnpiDiscTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardTmgMnpiDiscTextBlock" xlink:to="ecd_AwardTmgMnpiDiscTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardTmgMnpiDiscTextBlock_lbl" xml:lang="en-US">Award Timing MNPI Disclosure</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMethodTextBlock" xlink:label="ecd_AwardTmgMethodTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardTmgMethodTextBlock" xlink:to="ecd_AwardTmgMethodTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardTmgMethodTextBlock_lbl" xml:lang="en-US">Award Timing Method</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgPredtrmndFlag" xlink:label="ecd_AwardTmgPredtrmndFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardTmgPredtrmndFlag" xlink:to="ecd_AwardTmgPredtrmndFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardTmgPredtrmndFlag_lbl" xml:lang="en-US">Award Timing Predetermined</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiCnsdrdFlag" xlink:label="ecd_AwardTmgMnpiCnsdrdFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardTmgMnpiCnsdrdFlag" xlink:to="ecd_AwardTmgMnpiCnsdrdFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardTmgMnpiCnsdrdFlag_lbl" xml:lang="en-US">Award Timing MNPI Considered</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:label="ecd_AwardTmgHowMnpiCnsdrdTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:to="ecd_AwardTmgHowMnpiCnsdrdTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardTmgHowMnpiCnsdrdTextBlock_lbl" xml:lang="en-US">Award Timing, How MNPI Considered</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MnpiDiscTimedForCompValFlag" xlink:label="ecd_MnpiDiscTimedForCompValFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_MnpiDiscTimedForCompValFlag" xlink:to="ecd_MnpiDiscTimedForCompValFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_MnpiDiscTimedForCompValFlag_lbl" xml:lang="en-US">MNPI Disclosure Timed for Compensation Value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:label="ecd_AwardsCloseToMnpiDiscTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:to="ecd_AwardsCloseToMnpiDiscTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardsCloseToMnpiDiscTableTextBlock_lbl" xml:lang="en-US">Awards Close in Time to MNPI Disclosures, Table</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscIndName" xlink:label="ecd_AwardsCloseToMnpiDiscIndName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardsCloseToMnpiDiscIndName" xlink:to="ecd_AwardsCloseToMnpiDiscIndName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ecd_AwardsCloseToMnpiDiscIndName_lbl" xml:lang="en-US">Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardUndrlygSecuritiesAmt" xlink:label="ecd_AwardUndrlygSecuritiesAmt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardUndrlygSecuritiesAmt" xlink:to="ecd_AwardUndrlygSecuritiesAmt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardUndrlygSecuritiesAmt_lbl" xml:lang="en-US">Underlying Securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardExrcPrice" xlink:label="ecd_AwardExrcPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardExrcPrice" xlink:to="ecd_AwardExrcPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardExrcPrice_lbl" xml:lang="en-US">Exercise Price</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardGrantDateFairValue" xlink:label="ecd_AwardGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardGrantDateFairValue" xlink:to="ecd_AwardGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardGrantDateFairValue_lbl" xml:lang="en-US">Fair Value as of Grant Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_UndrlygSecurityMktPriceChngPct" xlink:label="ecd_UndrlygSecurityMktPriceChngPct" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_UndrlygSecurityMktPriceChngPct" xlink:to="ecd_UndrlygSecurityMktPriceChngPct_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_UndrlygSecurityMktPriceChngPct_lbl" xml:lang="en-US">Underlying Security Market Price Change</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrByIndTable" xlink:label="ecd_TradingArrByIndTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TradingArrByIndTable" xlink:to="ecd_TradingArrByIndTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TradingArrByIndTable_lbl" xml:lang="en-US">Trading Arrangements, by Individual [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrAxis" xlink:label="ecd_TradingArrAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TradingArrAxis" xlink:to="ecd_TradingArrAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TradingArrAxis_lbl" xml:lang="en-US">Trading Arrangement [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MtrlTermsOfTrdArrTextBlock" xlink:label="ecd_MtrlTermsOfTrdArrTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_MtrlTermsOfTrdArrTextBlock" xlink:to="ecd_MtrlTermsOfTrdArrTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_MtrlTermsOfTrdArrTextBlock_lbl" xml:lang="en-US">Material Terms of Trading Arrangement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndName" xlink:label="ecd_TrdArrIndName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrIndName" xlink:to="ecd_TrdArrIndName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ecd_TrdArrIndName_lbl" xml:lang="en-US">Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndTitle" xlink:label="ecd_TrdArrIndTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrIndTitle" xlink:to="ecd_TrdArrIndTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrIndTitle_lbl" xml:lang="en-US">Title</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrAdoptedFlag" xlink:label="ecd_Rule10b51ArrAdoptedFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_Rule10b51ArrAdoptedFlag" xlink:to="ecd_Rule10b51ArrAdoptedFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_Rule10b51ArrAdoptedFlag_lbl" xml:lang="en-US">Rule 10b5-1 Arrangement Adopted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrAdoptedFlag" xlink:label="ecd_NonRule10b51ArrAdoptedFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NonRule10b51ArrAdoptedFlag" xlink:to="ecd_NonRule10b51ArrAdoptedFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NonRule10b51ArrAdoptedFlag_lbl" xml:lang="en-US">Non-Rule 10b5-1 Arrangement Adopted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrAdoptionDate" xlink:label="ecd_TrdArrAdoptionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrAdoptionDate" xlink:to="ecd_TrdArrAdoptionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrAdoptionDate_lbl" xml:lang="en-US">Adoption Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrTrmntdFlag" xlink:label="ecd_Rule10b51ArrTrmntdFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_Rule10b51ArrTrmntdFlag" xlink:to="ecd_Rule10b51ArrTrmntdFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_Rule10b51ArrTrmntdFlag_lbl" xml:lang="en-US">Rule 10b5-1 Arrangement Terminated</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrTrmntdFlag" xlink:label="ecd_NonRule10b51ArrTrmntdFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_NonRule10b51ArrTrmntdFlag" xlink:to="ecd_NonRule10b51ArrTrmntdFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_NonRule10b51ArrTrmntdFlag_lbl" xml:lang="en-US">Non-Rule 10b5-1 Arrangement Terminated</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrTerminationDate" xlink:label="ecd_TrdArrTerminationDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrTerminationDate" xlink:to="ecd_TrdArrTerminationDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrTerminationDate_lbl" xml:lang="en-US">Termination Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrExpirationDate" xlink:label="ecd_TrdArrExpirationDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrExpirationDate" xlink:to="ecd_TrdArrExpirationDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrExpirationDate_lbl" xml:lang="en-US">Expiration Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrDuration" xlink:label="ecd_TrdArrDuration" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrDuration" xlink:to="ecd_TrdArrDuration_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrDuration_lbl" xml:lang="en-US">Arrangement Duration</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingPoliciesProcLineItems" xlink:label="ecd_InsiderTradingPoliciesProcLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_InsiderTradingPoliciesProcLineItems" xlink:to="ecd_InsiderTradingPoliciesProcLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_InsiderTradingPoliciesProcLineItems_lbl" xml:lang="en-US">Insider Trading Policies and Procedures [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:label="ecd_InsiderTrdPoliciesProcAdoptedFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:to="ecd_InsiderTrdPoliciesProcAdoptedFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_InsiderTrdPoliciesProcAdoptedFlag_lbl" xml:lang="en-US">Insider Trading Policies and Procedures Adopted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock" xlink:label="ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock" xlink:to="ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock_lbl" xml:lang="en-US">Insider Trading Policies and Procedures Not Adopted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US">Organization</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Basis of Accounting and Significant Accounting Policies</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentHoldingsTextBlock" xlink:label="us-gaap_InvestmentHoldingsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentHoldingsTextBlock" xlink:to="us-gaap_InvestmentHoldingsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentHoldingsTextBlock_lbl" xml:lang="en-US">Investment in Platinum</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US">Related parties &#8211; Sponsor and Trustee</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="us-gaap_RisksAndUncertaintiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RisksAndUncertaintiesAbstract" xlink:to="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xml:lang="en-US">Risks and Uncertainties [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:to="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xml:lang="en-US">Concentration of risk</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US">Indemnification</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US">Subsequent events</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" xlink:label="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" xlink:to="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock_lbl" xml:lang="en-US">Custody and Fair Valuation of Platinum</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ExpensesPolicyTextBlock" xlink:label="PLTM_ExpensesPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ExpensesPolicyTextBlock" xlink:to="PLTM_ExpensesPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ExpensesPolicyTextBlock_lbl" xml:lang="en-US">Expenses, realized gains and losses</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ReceivableAndPayablePolicyTextBlock" xlink:label="PLTM_ReceivableAndPayablePolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ReceivableAndPayablePolicyTextBlock" xlink:to="PLTM_ReceivableAndPayablePolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ReceivableAndPayablePolicyTextBlock_lbl" xml:lang="en-US">Platinum. Receivable and Payable</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock" xlink:label="PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock" xlink:to="PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock_lbl" xml:lang="en-US">Creations and Redemptions of Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xml:lang="en-US">Income Taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US">Recently Issued Accounting Pronouncement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" xlink:to="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_lbl" xml:lang="en-US">Schedule of Trust Investments Fair Value</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_InvestmentsInBullionTableTextBlock" xlink:label="PLTM_InvestmentsInBullionTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_InvestmentsInBullionTableTextBlock" xlink:to="PLTM_InvestmentsInBullionTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_InvestmentsInBullionTableTextBlock_lbl" xml:lang="en-US">Schedule of Investment in Platinum</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetTable" xlink:label="srt_PlatformOperatorCryptoAssetTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_PlatformOperatorCryptoAssetTable" xlink:to="srt_PlatformOperatorCryptoAssetTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_PlatformOperatorCryptoAssetTable_lbl" xml:lang="en-US">Platform Operator, Crypto Asset [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetLineItems" xlink:label="srt_PlatformOperatorCryptoAssetLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_PlatformOperatorCryptoAssetLineItems" xlink:to="srt_PlatformOperatorCryptoAssetLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_PlatformOperatorCryptoAssetLineItems_lbl" xml:lang="en-US">Platform Operator, Crypto Asset [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentInPhysicalCommodities" xlink:to="us-gaap_InvestmentInPhysicalCommodities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentInPhysicalCommodities_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PercentageOfAllocatedPlatinumAvailableToSale" xlink:label="PLTM_PercentageOfAllocatedPlatinumAvailableToSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PercentageOfAllocatedPlatinumAvailableToSale" xlink:to="PLTM_PercentageOfAllocatedPlatinumAvailableToSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_PercentageOfAllocatedPlatinumAvailableToSale_lbl" xml:lang="en-US">Available to sale percentage</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_lbl" xml:lang="en-US">Fair value measurements transfers</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_FeePaidToSponsor" xlink:label="PLTM_FeePaidToSponsor" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_FeePaidToSponsor" xlink:to="PLTM_FeePaidToSponsor_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_FeePaidToSponsor_lbl" xml:lang="en-US">Fee paid to sponsor, annualized rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:to="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xml:lang="en-US">Fees payable to sponsor</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SponsorFees" xlink:to="us-gaap_SponsorFees_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SponsorFees_2_lbl" xml:lang="en-US">Sponsor fee</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:label="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:to="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion_lbl" xml:lang="en-US">Minimum block of shares issued redeemed</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_TransactionFeeForCreationsAndRedemptions" xlink:label="PLTM_TransactionFeeForCreationsAndRedemptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_TransactionFeeForCreationsAndRedemptions" xlink:to="PLTM_TransactionFeeForCreationsAndRedemptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_TransactionFeeForCreationsAndRedemptions_lbl" xml:lang="en-US">Transaction fee for creations and redemptions</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:label="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:to="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_lbl" xml:lang="en-US">Trust unallocated account</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="us-gaap_UnrecognizedTaxBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xml:lang="en-US">Uncertain tax positions taken in tax returns</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExaminationDescription" xlink:label="us-gaap_IncomeTaxExaminationDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExaminationDescription" xlink:to="us-gaap_IncomeTaxExaminationDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExaminationDescription_lbl" xml:lang="en-US">Income tax examination, description</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:to="us-gaap_InvestmentOwnedBalanceOtherMeasure_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_InvestmentOwnedBalanceOtherMeasure_2_lbl" xml:lang="en-US">Platinum opening balance (in Ounces)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentInPhysicalCommodities" xlink:to="us-gaap_InvestmentInPhysicalCommodities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_InvestmentInPhysicalCommodities_3_lbl" xml:lang="en-US">Platinum opening balance</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ContributedOuncesOfBullion" xlink:label="PLTM_ContributedOuncesOfBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ContributedOuncesOfBullion" xlink:to="PLTM_ContributedOuncesOfBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ContributedOuncesOfBullion_lbl" xml:lang="en-US">Platinum contributed (in Ounces)</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ContributedValueOfBullion" xlink:label="PLTM_ContributedValueOfBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ContributedValueOfBullion" xlink:to="PLTM_ContributedValueOfBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ContributedValueOfBullion_lbl" xml:lang="en-US">Platinum contributed</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_DistributedOuncesOfBullion" xlink:label="PLTM_DistributedOuncesOfBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_DistributedOuncesOfBullion" xlink:to="PLTM_DistributedOuncesOfBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_DistributedOuncesOfBullion_lbl" xml:lang="en-US">Platinum distributed (in Ounces)</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_DistributedValueOfBullion" xlink:label="PLTM_DistributedValueOfBullion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_DistributedValueOfBullion" xlink:to="PLTM_DistributedValueOfBullion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_DistributedValueOfBullion_lbl" xml:lang="en-US">Platinum distributed</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationDepreciation" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationDepreciation" xlink:to="PLTM_ChangeInUnrealizedAppreciationDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciation_lbl" xml:lang="en-US">Change in unrealized depreciation (in Ounces)</link:label>
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" xlink:label="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" xlink:to="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount_lbl" xml:lang="en-US">Change in unrealized depreciation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:to="us-gaap_InvestmentOwnedBalanceOtherMeasure_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_InvestmentOwnedBalanceOtherMeasure_3_lbl" xml:lang="en-US">Platinum ending balance (in Ounces)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentInPhysicalCommodities" xlink:to="us-gaap_InvestmentInPhysicalCommodities_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_InvestmentInPhysicalCommodities_4_lbl" xml:lang="en-US">Platinum ending balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xml:lang="en-US">Related Party Transaction [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionLineItems" xlink:to="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xml:lang="en-US">Related Party Transaction [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LegalFees" xlink:label="us-gaap_LegalFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LegalFees" xlink:to="us-gaap_LegalFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LegalFees_lbl" xml:lang="en-US">Legal fees and expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_FeePaidToSponsor" xlink:to="PLTM_FeePaidToSponsor_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="PLTM_FeePaidToSponsor_2_lbl" xml:lang="en-US">Sponsor fee payable percentage</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" xlink:to="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock_doc" xml:lang="en-US">Custody and Valuation of Platinum [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PercentageOfAllocatedPlatinumAvailableToSale" xlink:to="PLTM_PercentageOfAllocatedPlatinumAvailableToSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_PercentageOfAllocatedPlatinumAvailableToSale_doc" xml:lang="en-US">Percentage of allocated platinum available to sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PlatinumMember" xlink:to="PLTM_PlatinumMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_PlatinumMember_doc" xml:lang="en-US">Platinum [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ExpensesPolicyTextBlock" xlink:to="PLTM_ExpensesPolicyTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ExpensesPolicyTextBlock_doc" xml:lang="en-US">Expenses [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_FeePaidToSponsor" xlink:to="PLTM_FeePaidToSponsor_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_FeePaidToSponsor_doc" xml:lang="en-US">Fee paid to sponsor.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_SponsorMember" xlink:to="PLTM_SponsorMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_SponsorMember_doc" xml:lang="en-US">Sponsor [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_NetAssetsPercentageOfNetAssets" xlink:to="PLTM_NetAssetsPercentageOfNetAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_NetAssetsPercentageOfNetAssets_doc" xml:lang="en-US">The percentage of net assets of net assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ReceivableAndPayablePolicyTextBlock" xlink:to="PLTM_ReceivableAndPayablePolicyTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ReceivableAndPayablePolicyTextBlock_doc" xml:lang="en-US">Receivable and Payable [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:to="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion_doc" xml:lang="en-US">The minimum block of shares that can be created or redeemed against bullion deposits or distributions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:to="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares_doc" xml:lang="en-US">Realized investment gains losses for redemption of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:to="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion_doc" xml:lang="en-US">Change in unrealized gain (loss) on investment in Bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_AggregateGainLossOnBullion" xlink:to="PLTM_AggregateGainLossOnBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_AggregateGainLossOnBullion_doc" xml:lang="en-US">Aggregate gain loss on bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_TransactionFeeForCreationsAndRedemptions" xlink:to="PLTM_TransactionFeeForCreationsAndRedemptions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_TransactionFeeForCreationsAndRedemptions_doc" xml:lang="en-US">Transaction fee for creations and redemptions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:to="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_doc" xml:lang="en-US">Maximum amount of gold to be held by trust unallocated account.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" xlink:to="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion_doc" xml:lang="en-US">Change in unrealized appreciation depreciation on investment in bullion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_InvestmentsInBullionTableTextBlock" xlink:to="PLTM_InvestmentsInBullionTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_InvestmentsInBullionTableTextBlock_doc" xml:lang="en-US">Schedule of Investment in Platinum [Table Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ContributedOuncesOfBullion" xlink:to="PLTM_ContributedOuncesOfBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ContributedOuncesOfBullion_doc" xml:lang="en-US">Contributed ounces of bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_DistributedOuncesOfBullion" xlink:to="PLTM_DistributedOuncesOfBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_DistributedOuncesOfBullion_doc" xml:lang="en-US">Distributed ounces of bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationDepreciation" xlink:to="PLTM_ChangeInUnrealizedAppreciationDepreciation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ChangeInUnrealizedAppreciationDepreciation_doc" xml:lang="en-US">Change in unrealized appreciation amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ContributedValueOfBullion" xlink:to="PLTM_ContributedValueOfBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ContributedValueOfBullion_doc" xml:lang="en-US">Contributed value of bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_DistributedValueOfBullion" xlink:to="PLTM_DistributedValueOfBullion_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_DistributedValueOfBullion_doc" xml:lang="en-US">Distributed value of bullion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" xlink:to="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount_doc" xml:lang="en-US">Change in unrealized appreciation and depreciation amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_NoInsiderTradingFlag" xlink:to="PLTM_NoInsiderTradingFlag_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_NoInsiderTradingFlag_doc" xml:lang="en-US">No insider trading flag.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_PayableForPlatinumPurchased" xlink:to="PLTM_PayableForPlatinumPurchased_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="PLTM_PayableForPlatinumPurchased_doc" xml:lang="en-US">Payable for platinum purchased.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US">Assets [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US">Liabilities [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenses_2_lbl" xml:lang="en-US">Operating Expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealizedInvestmentGainsLosses" xlink:to="us-gaap_RealizedInvestmentGainsLosses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealizedInvestmentGainsLosses_2_lbl" xml:lang="en-US">Realized Investment Gains (Losses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PLTM_AggregateGainLossOnBullion" xlink:to="PLTM_AggregateGainLossOnBullion_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="PLTM_AggregateGainLossOnBullion_3_lbl" xml:lang="en-US">AggregateGainLossOnBullion</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_2_lbl" xml:lang="en-US">Stock Redeemed or Called During Period, Shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_2_lbl" xml:lang="en-US">Investment Company, Investment Income (Loss), Per Share, Basic</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyMarketValuePerShare" xlink:to="us-gaap_InvestmentCompanyMarketValuePerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyMarketValuePerShare_2_lbl" xml:lang="en-US">Investment Company, Market Value, Per Share</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:to="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation_2_lbl" xml:lang="en-US">Investment Company, Expense Ratio after Incentive Allocation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_ForgoneRecoveryIndName" xlink:to="ecd_ForgoneRecoveryIndName_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_ForgoneRecoveryIndName_2_lbl" xml:lang="en-US">Forgone Recovery, Individual Name</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_OutstandingRecoveryIndName" xlink:to="ecd_OutstandingRecoveryIndName_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_OutstandingRecoveryIndName_2_lbl" xml:lang="en-US">Outstanding Recovery, Individual Name</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_AwardsCloseToMnpiDiscIndName" xlink:to="ecd_AwardsCloseToMnpiDiscIndName_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_AwardsCloseToMnpiDiscIndName_2_lbl" xml:lang="en-US">Awards Close in Time to MNPI Disclosures, Individual Name</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ecd_TrdArrIndName" xlink:to="ecd_TrdArrIndName_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ecd_TrdArrIndName_2_lbl" xml:lang="en-US">Trading Arrangement, Individual Name</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>13
<FILENAME>pltm-20250630_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.1a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Cover" roleURI="http://graniteshares.com/role/Cover" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilities" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfAssetsAndLiabilitiesParenthetical" roleURI="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SchedulesOfInvestments" roleURI="http://graniteshares.com/role/SchedulesOfInvestments" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfOperations" roleURI="http://graniteshares.com/role/StatementsOfOperations" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssets" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssets" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#StatementsOfChangesInNetAssetsParenthetical" roleURI="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#FinancialHighlights" roleURI="http://graniteshares.com/role/FinancialHighlights" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Organization" roleURI="http://graniteshares.com/role/Organization" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinum" roleURI="http://graniteshares.com/role/InvestmentInPlatinum" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrustee" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ConcentrationOfRisk" roleURI="http://graniteshares.com/role/ConcentrationOfRisk" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#Indemnification" roleURI="http://graniteshares.com/role/Indemnification" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#SubsequentEvents" roleURI="http://graniteshares.com/role/SubsequentEvents" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesPolicies" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesTables" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#InvestmentInPlatinumTables" roleURI="http://graniteshares.com/role/InvestmentInPlatinumTables" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfTrustInvestmentsFairValueDetails" roleURI="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" roleURI="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#ScheduleOfInvestmentInPlatinumDetails" roleURI="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" />
    <link:roleRef xlink:type="simple" xlink:href="pltm-20250630.xsd#RelatedPartiesSponsorAndTrusteeDetailsNarrative" roleURI="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#PvpDisclosure" roleURI="http://xbrl.sec.gov/ecd/role/PvpDisclosure" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ErrCompDisclosure" roleURI="http://xbrl.sec.gov/ecd/role/ErrCompDisclosure" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#AwardTimingDisclosure" roleURI="http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#InsiderTradingArrangements" roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" />
    <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#InsiderTradingPoliciesProc" roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc" />
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="loc_deiDocumentFinStmtErrorCorrectionFlag" />
      <link:presentationArc order="580" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFinStmtErrorCorrectionFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_NoInsiderTradingFlag" xlink:label="loc_PLTMNoInsiderTradingFlag" />
      <link:presentationArc order="590" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_PLTMNoInsiderTradingFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId" xlink:label="loc_deiAuditorFirmId" />
      <link:presentationArc order="600" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorFirmId" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName" xlink:label="loc_deiAuditorName" />
      <link:presentationArc order="610" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation" xlink:label="loc_deiAuditorLocation" />
      <link:presentationArc order="620" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorLocation" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilities" xlink:title="00000002 - Statement - Statements of Assets and Liabilities">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="loc_us-gaapRelatedPartyMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain" xlink:to="loc_us-gaapRelatedPartyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaapAssetsAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaapOtherReceivables" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapOtherReceivables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaapLiabilitiesAbstract" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PayableForPlatinumPurchased" xlink:label="loc_PLTMPayableForPlatinumPurchased" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_PLTMPayableForPlatinumPurchased" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrent" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapAccountsPayableCurrentAndNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapAssetsNet" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapCommonStockSharesIssued" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetAssetValuePerShare" xlink:label="loc_us-gaapNetAssetValuePerShare" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDefinedBenefitPlanDisclosureLineItems" xlink:to="loc_us-gaapNetAssetValuePerShare" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical" xlink:title="00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaapScheduleOfInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="loc_us-gaapInvestmentOwnedAtCost" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentOwnedAtCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockNoParValue" xlink:label="loc_us-gaapCommonStockNoParValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapCommonStockNoParValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesAuthorizedUnlimited" xlink:label="loc_us-gaapCommonStockSharesAuthorizedUnlimited" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapCommonStockSharesAuthorizedUnlimited" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SchedulesOfInvestments" xlink:title="00000004 - Statement - Schedules of Investments">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaapScheduleOfInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementScenarioAxis" xlink:label="loc_srtStatementScenarioAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_srtStatementScenarioAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="loc_srtScenarioUnspecifiedDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtStatementScenarioAxis" xlink:to="loc_srtScenarioUnspecifiedDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PlatinumMember" xlink:label="loc_PLTMPlatinumMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtScenarioUnspecifiedDomain" xlink:to="loc_PLTMPlatinumMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:label="loc_us-gaapInvestmentOwnedBalanceOtherMeasure" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedBalanceOtherMeasure" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtCost" xlink:label="loc_us-gaapInvestmentOwnedAtCost" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedAtCost" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="loc_us-gaapInvestmentOwnedAtFairValue" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedAtFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:label="loc_us-gaapInvestmentOwnedPercentOfNetAssets" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInvestmentOwnedPercentOfNetAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities" xlink:label="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilities" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" xlink:label="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssetsNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_NetAssetsPercentageOfNetAssets" xlink:label="loc_PLTMNetAssetsPercentageOfNetAssets" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMNetAssetsPercentageOfNetAssets" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfOperations" xlink:title="00000005 - Statement - Statements of Operations">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaapIncomeStatementAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaapOperatingExpensesAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapOperatingExpensesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SponsorFees" xlink:label="loc_us-gaapSponsorFees" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract" xlink:to="loc_us-gaapSponsorFees" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract" xlink:to="loc_us-gaapOperatingExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaapGainLossOnInvestments" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapGainLossOnInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestmentsAbstract" xlink:label="loc_us-gaapGainLossOnInvestmentsAbstract" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapGainLossOnInvestmentsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealizedInvestmentGainsLossesAbstract" xlink:label="loc_us-gaapRealizedInvestmentGainsLossesAbstract" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapGainLossOnInvestmentsAbstract" xlink:to="loc_us-gaapRealizedInvestmentGainsLossesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:label="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRealizedInvestmentGainsLossesAbstract" xlink:to="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:label="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRealizedInvestmentGainsLossesAbstract" xlink:to="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="loc_us-gaapRealizedInvestmentGainsLosses" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRealizedInvestmentGainsLossesAbstract" xlink:to="loc_us-gaapRealizedInvestmentGainsLosses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:label="loc_PLTMChangeInUnrealizedGainLossOnInvestmentInBullion" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapGainLossOnInvestmentsAbstract" xlink:to="loc_PLTMChangeInUnrealizedGainLossOnInvestmentInBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_AggregateGainLossOnBullion" xlink:label="loc_PLTMAggregateGainLossOnBullion" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapGainLossOnInvestmentsAbstract" xlink:to="loc_PLTMAggregateGainLossOnBullion" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapNetIncomeLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapEarningsPerShareBasic" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapEarningsPerShareDiluted" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssets" xlink:title="00000006 - Statement - Statements of Changes in Net Assets">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapAssetsNet" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodValueNewIssues" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapStockIssuedDuringPeriodValueNewIssues" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="loc_us-gaapStockRedeemedOrCalledDuringPeriodValue" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapStockRedeemedOrCalledDuringPeriodValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaapGainLossOnInvestments" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapGainLossOnInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:label="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapGainLossOnSaleOfTrustAssetsToPayExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares" xlink:label="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_PLTMRealizedInvestmentGainsLossesForRedemptionOfShares" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" xlink:label="loc_PLTMChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_PLTMChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet_2" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapAssetsNet_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical" xlink:title="00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaapStatementOfStockholdersEquityAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfStockholdersEquityAbstract" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:label="loc_us-gaapStockRedeemedOrCalledDuringPeriodShares" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfStockholdersEquityAbstract" xlink:to="loc_us-gaapStockRedeemedOrCalledDuringPeriodShares" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/FinancialHighlights" xlink:title="00000008 - Statement - Financial Highlights">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetAssetValuePerShare" xlink:label="loc_us-gaapNetAssetValuePerShare" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapNetAssetValuePerShare" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:label="loc_us-gaapInvestmentCompanyInvestmentIncomeLossPerShare" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyInvestmentIncomeLossPerShare" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" xlink:label="loc_us-gaapInvestmentCompanyGainLossOnInvestmentPerShare" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyGainLossOnInvestmentPerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:label="loc_us-gaapInvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetAssetValuePerShare" xlink:label="loc_us-gaapNetAssetValuePerShare_2" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapNetAssetValuePerShare_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyMarketValuePerShare" xlink:label="loc_us-gaapInvestmentCompanyMarketValuePerShare" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyMarketValuePerShare" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyTotalReturn" xlink:label="loc_us-gaapInvestmentCompanyTotalReturn" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyTotalReturn" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyTotalReturnMarketValue" xlink:label="loc_us-gaapInvestmentCompanyTotalReturnMarketValue" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyTotalReturnMarketValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaapAssetsNet" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapAssetsNet" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyFinancialRatiosAbstract" xlink:label="loc_us-gaapInvestmentCompanyFinancialRatiosAbstract" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapInvestmentCompanyFinancialRatiosAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossRatio" xlink:label="loc_us-gaapInvestmentCompanyInvestmentIncomeLossRatio" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentCompanyFinancialRatiosAbstract" xlink:to="loc_us-gaapInvestmentCompanyInvestmentIncomeLossRatio" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:label="loc_us-gaapInvestmentCompanyExpenseRatioAfterIncentiveAllocation" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentCompanyFinancialRatiosAbstract" xlink:to="loc_us-gaapInvestmentCompanyExpenseRatioAfterIncentiveAllocation" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/PvpDisclosure" xlink:title="995410 - Disclosure - Pay vs Performance Disclosure">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PayVsPerformanceDisclosureLineItems" xlink:label="loc_ecdPayVsPerformanceDisclosureLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTable" xlink:label="loc_ecdPvpTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPayVsPerformanceDisclosureLineItems" xlink:to="loc_ecdPvpTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ExecutiveCategoryAxis" xlink:label="loc_ecdExecutiveCategoryAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTable" xlink:to="loc_ecdExecutiveCategoryAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllExecutiveCategoriesMember" xlink:label="loc_ecdAllExecutiveCategoriesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdExecutiveCategoryAxis" xlink:to="loc_ecdAllExecutiveCategoriesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis" xlink:label="loc_ecdIndividualAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTable" xlink:to="loc_ecdIndividualAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllIndividualsMember" xlink:label="loc_ecdAllIndividualsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdIndividualAxis" xlink:to="loc_ecdAllIndividualsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAxis" xlink:label="loc_ecdAdjToCompAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTable" xlink:to="loc_ecdAdjToCompAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllAdjToCompMember" xlink:label="loc_ecdAllAdjToCompMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAdjToCompAxis" xlink:to="loc_ecdAllAdjToCompMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MeasureAxis" xlink:label="loc_ecdMeasureAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTable" xlink:to="loc_ecdMeasureAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTableTextBlock" xlink:label="loc_ecdPvpTableTextBlock" />
      <link:presentationArc order="2000" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPayVsPerformanceDisclosureLineItems" xlink:to="loc_ecdPvpTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CoSelectedMeasureName" xlink:label="loc_ecdCoSelectedMeasureName" />
      <link:presentationArc order="2010" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTableTextBlock" xlink:to="loc_ecdCoSelectedMeasureName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NamedExecutiveOfficersFnTextBlock" xlink:label="loc_ecdNamedExecutiveOfficersFnTextBlock" />
      <link:presentationArc order="2020" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdNamedExecutiveOfficersFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupIssuersFnTextBlock" xlink:label="loc_ecdPeerGroupIssuersFnTextBlock" />
      <link:presentationArc order="2030" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdPeerGroupIssuersFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ChangedPeerGroupFnTextBlock" xlink:label="loc_ecdChangedPeerGroupFnTextBlock" />
      <link:presentationArc order="2040" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdChangedPeerGroupFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoTotalCompAmt" xlink:label="loc_ecdPeoTotalCompAmt" />
      <link:presentationArc order="2050" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdPeoTotalCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoActuallyPaidCompAmt" xlink:label="loc_ecdPeoActuallyPaidCompAmt" />
      <link:presentationArc order="2060" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdPeoActuallyPaidCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToPeoCompFnTextBlock" xlink:label="loc_ecdAdjToPeoCompFnTextBlock" />
      <link:presentationArc order="2070" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdCoSelectedMeasureName" xlink:to="loc_ecdAdjToPeoCompFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonPeoNeoAvgTotalCompAmt" xlink:label="loc_ecdNonPeoNeoAvgTotalCompAmt" />
      <link:presentationArc order="2080" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTableTextBlock" xlink:to="loc_ecdNonPeoNeoAvgTotalCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonPeoNeoAvgCompActuallyPaidAmt" xlink:label="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" />
      <link:presentationArc order="2090" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTableTextBlock" xlink:to="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:label="loc_ecdAdjToNonPeoNeoCompFnTextBlock" />
      <link:presentationArc order="2100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdAdjToNonPeoNeoCompFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_EquityValuationAssumptionDifferenceFnTextBlock" xlink:label="loc_ecdEquityValuationAssumptionDifferenceFnTextBlock" />
      <link:presentationArc order="2110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdEquityValuationAssumptionDifferenceFnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock" xlink:label="loc_ecdCompActuallyPaidVsTotalShareholderRtnTextBlock" />
      <link:presentationArc order="2120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdCompActuallyPaidVsTotalShareholderRtnTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsNetIncomeTextBlock" xlink:label="loc_ecdCompActuallyPaidVsNetIncomeTextBlock" />
      <link:presentationArc order="2130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdCompActuallyPaidVsNetIncomeTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:label="loc_ecdCompActuallyPaidVsCoSelectedMeasureTextBlock" />
      <link:presentationArc order="2140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdCompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:label="loc_ecdTotalShareholderRtnVsPeerGroupTextBlock" />
      <link:presentationArc order="2150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdTotalShareholderRtnVsPeerGroupTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsOtherMeasureTextBlock" xlink:label="loc_ecdCompActuallyPaidVsOtherMeasureTextBlock" />
      <link:presentationArc order="2160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdCompActuallyPaidVsOtherMeasureTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TabularListTableTextBlock" xlink:label="loc_ecdTabularListTableTextBlock" />
      <link:presentationArc order="2170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdTabularListTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TotalShareholderRtnAmt" xlink:label="loc_ecdTotalShareholderRtnAmt" />
      <link:presentationArc order="2180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdTotalShareholderRtnAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupTotalShareholderRtnAmt" xlink:label="loc_ecdPeerGroupTotalShareholderRtnAmt" />
      <link:presentationArc order="2190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdNonPeoNeoAvgCompActuallyPaidAmt" xlink:to="loc_ecdPeerGroupTotalShareholderRtnAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:presentationArc order="2200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPvpTableTextBlock" xlink:to="loc_us-gaapNetIncomeLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CoSelectedMeasureAmt" xlink:label="loc_ecdCoSelectedMeasureAmt" />
      <link:presentationArc order="2210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_ecdCoSelectedMeasureAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OtherPerfMeasureAmt" xlink:label="loc_ecdOtherPerfMeasureAmt" />
      <link:presentationArc order="2220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_ecdOtherPerfMeasureAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAmt" xlink:label="loc_ecdAdjToCompAmt" />
      <link:presentationArc order="2230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_ecdAdjToCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoName" xlink:label="loc_ecdPeoName" />
      <link:presentationArc order="2240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_ecdPeoName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MeasureName" xlink:label="loc_ecdMeasureName" />
      <link:presentationArc order="2250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPayVsPerformanceDisclosureLineItems" xlink:to="loc_ecdMeasureName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonGaapMeasureDescriptionTextBlock" xlink:label="loc_ecdNonGaapMeasureDescriptionTextBlock" />
      <link:presentationArc order="2260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdMeasureName" xlink:to="loc_ecdNonGaapMeasureDescriptionTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Additional402vDisclosureTextBlock" xlink:label="loc_ecdAdditional402vDisclosureTextBlock" />
      <link:presentationArc order="2270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPayVsPerformanceDisclosureLineItems" xlink:to="loc_ecdAdditional402vDisclosureTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PnsnBnftsAdjFnTextBlock" xlink:label="loc_ecdPnsnBnftsAdjFnTextBlock" />
      <link:presentationArc order="2280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdPayVsPerformanceDisclosureLineItems" xlink:to="loc_ecdPnsnBnftsAdjFnTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/ErrCompDisclosure" xlink:title="995440 - Disclosure - Recovery of Erroneously Awarded Compensation">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RecoveryOfErrCompDisclosureLineItems" xlink:label="loc_ecdRecoveryOfErrCompDisclosureLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ErrCompRecoveryTable" xlink:label="loc_ecdErrCompRecoveryTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRecoveryOfErrCompDisclosureLineItems" xlink:to="loc_ecdErrCompRecoveryTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDateAxis" xlink:label="loc_ecdRestatementDateAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdErrCompRecoveryTable" xlink:to="loc_ecdRestatementDateAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis" xlink:label="loc_ecdIndividualAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdErrCompRecoveryTable" xlink:to="loc_ecdIndividualAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllIndividualsMember" xlink:label="loc_ecdAllIndividualsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdIndividualAxis" xlink:to="loc_ecdAllIndividualsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDeterminationDate" xlink:label="loc_ecdRestatementDeterminationDate" />
      <link:presentationArc order="2000" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRecoveryOfErrCompDisclosureLineItems" xlink:to="loc_ecdRestatementDeterminationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtErrCompAmt" xlink:label="loc_ecdAggtErrCompAmt" />
      <link:presentationArc order="2010" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRestatementDeterminationDate" xlink:to="loc_ecdAggtErrCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ErrCompAnalysisTextBlock" xlink:label="loc_ecdErrCompAnalysisTextBlock" />
      <link:presentationArc order="2020" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdErrCompAnalysisTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:label="loc_ecdStkPrcOrTsrEstimationMethodTextBlock" />
      <link:presentationArc order="2030" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdStkPrcOrTsrEstimationMethodTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingAggtErrCompAmt" xlink:label="loc_ecdOutstandingAggtErrCompAmt" />
      <link:presentationArc order="2040" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdOutstandingAggtErrCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtErrCompNotYetDeterminedTextBlock" xlink:label="loc_ecdAggtErrCompNotYetDeterminedTextBlock" />
      <link:presentationArc order="2050" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdAggtErrCompNotYetDeterminedTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryIndName" xlink:label="loc_ecdForgoneRecoveryIndName" />
      <link:presentationArc order="2060" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdForgoneRecoveryIndName" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:label="loc_ecdForgoneRecoveryDueToExpenseOfEnforcementAmt" />
      <link:presentationArc order="2070" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAggtErrCompAmt" xlink:to="loc_ecdForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:label="loc_ecdForgoneRecoveryDueToViolationOfHomeCountryLawAmt" />
      <link:presentationArc order="2080" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRestatementDeterminationDate" xlink:to="loc_ecdForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:label="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" />
      <link:presentationArc order="2090" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRestatementDeterminationDate" xlink:to="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:label="loc_ecdForgoneRecoveryExplanationOfImpracticabilityTextBlock" />
      <link:presentationArc order="2100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="loc_ecdForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingRecoveryIndName" xlink:label="loc_ecdOutstandingRecoveryIndName" />
      <link:presentationArc order="2110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="loc_ecdOutstandingRecoveryIndName" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingRecoveryCompAmt" xlink:label="loc_ecdOutstandingRecoveryCompAmt" />
      <link:presentationArc order="2120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="loc_ecdOutstandingRecoveryCompAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:label="loc_ecdRestatementDoesNotRequireRecoveryTextBlock" />
      <link:presentationArc order="2130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="loc_ecdRestatementDoesNotRequireRecoveryTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure" xlink:title="995443 - Disclosure - Award Timing Disclosure">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgDiscLineItems" xlink:label="loc_ecdAwardTmgDiscLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscTable" xlink:label="loc_ecdAwardsCloseToMnpiDiscTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardsCloseToMnpiDiscTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis" xlink:label="loc_ecdIndividualAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardsCloseToMnpiDiscTable" xlink:to="loc_ecdIndividualAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllIndividualsMember" xlink:label="loc_ecdAllIndividualsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdIndividualAxis" xlink:to="loc_ecdAllIndividualsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardsCloseToMnpiDiscTable" xlink:to="loc_us-gaapAwardTypeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiDiscTextBlock" xlink:label="loc_ecdAwardTmgMnpiDiscTextBlock" />
      <link:presentationArc order="2000" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardTmgMnpiDiscTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMethodTextBlock" xlink:label="loc_ecdAwardTmgMethodTextBlock" />
      <link:presentationArc order="2010" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardTmgMethodTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgPredtrmndFlag" xlink:label="loc_ecdAwardTmgPredtrmndFlag" />
      <link:presentationArc order="2020" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardTmgPredtrmndFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiCnsdrdFlag" xlink:label="loc_ecdAwardTmgMnpiCnsdrdFlag" />
      <link:presentationArc order="2030" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardTmgMnpiCnsdrdFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:label="loc_ecdAwardTmgHowMnpiCnsdrdTextBlock" />
      <link:presentationArc order="2040" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardTmgHowMnpiCnsdrdTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MnpiDiscTimedForCompValFlag" xlink:label="loc_ecdMnpiDiscTimedForCompValFlag" />
      <link:presentationArc order="2050" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdMnpiDiscTimedForCompValFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:label="loc_ecdAwardsCloseToMnpiDiscTableTextBlock" />
      <link:presentationArc order="2060" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardsCloseToMnpiDiscTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscIndName" xlink:label="loc_ecdAwardsCloseToMnpiDiscIndName" />
      <link:presentationArc order="2070" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardsCloseToMnpiDiscIndName" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardUndrlygSecuritiesAmt" xlink:label="loc_ecdAwardUndrlygSecuritiesAmt" />
      <link:presentationArc order="2080" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardUndrlygSecuritiesAmt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardExrcPrice" xlink:label="loc_ecdAwardExrcPrice" />
      <link:presentationArc order="2090" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardExrcPrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardGrantDateFairValue" xlink:label="loc_ecdAwardGrantDateFairValue" />
      <link:presentationArc order="2100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdAwardGrantDateFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_UndrlygSecurityMktPriceChngPct" xlink:label="loc_ecdUndrlygSecurityMktPriceChngPct" />
      <link:presentationArc order="2110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems" xlink:to="loc_ecdUndrlygSecurityMktPriceChngPct" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" xlink:title="995445 - Disclosure - Insider Trading Arrangements">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingArrLineItems" xlink:label="loc_ecdInsiderTradingArrLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrByIndTable" xlink:label="loc_ecdTradingArrByIndTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTradingArrByIndTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrAxis" xlink:label="loc_ecdTradingArrAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdTradingArrByIndTable" xlink:to="loc_ecdTradingArrAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllTradingArrangementsMember" xlink:label="loc_ecdAllTradingArrangementsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdTradingArrAxis" xlink:to="loc_ecdAllTradingArrangementsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis" xlink:label="loc_ecdIndividualAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdTradingArrByIndTable" xlink:to="loc_ecdIndividualAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllIndividualsMember" xlink:label="loc_ecdAllIndividualsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdIndividualAxis" xlink:to="loc_ecdAllIndividualsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MtrlTermsOfTrdArrTextBlock" xlink:label="loc_ecdMtrlTermsOfTrdArrTextBlock" />
      <link:presentationArc order="2000" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdMtrlTermsOfTrdArrTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndName" xlink:label="loc_ecdTrdArrIndName" />
      <link:presentationArc order="2010" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrIndName" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndTitle" xlink:label="loc_ecdTrdArrIndTitle" />
      <link:presentationArc order="2020" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrIndTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrAdoptedFlag" xlink:label="loc_ecdRule10b51ArrAdoptedFlag" />
      <link:presentationArc order="2030" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdRule10b51ArrAdoptedFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrAdoptedFlag" xlink:label="loc_ecdNonRule10b51ArrAdoptedFlag" />
      <link:presentationArc order="2040" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdNonRule10b51ArrAdoptedFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrAdoptionDate" xlink:label="loc_ecdTrdArrAdoptionDate" />
      <link:presentationArc order="2050" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrAdoptionDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrTrmntdFlag" xlink:label="loc_ecdRule10b51ArrTrmntdFlag" />
      <link:presentationArc order="2060" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdRule10b51ArrTrmntdFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrTrmntdFlag" xlink:label="loc_ecdNonRule10b51ArrTrmntdFlag" />
      <link:presentationArc order="2070" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdNonRule10b51ArrTrmntdFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrTerminationDate" xlink:label="loc_ecdTrdArrTerminationDate" />
      <link:presentationArc order="2080" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrTerminationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrExpirationDate" xlink:label="loc_ecdTrdArrExpirationDate" />
      <link:presentationArc order="2090" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrExpirationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrDuration" xlink:label="loc_ecdTrdArrDuration" />
      <link:presentationArc order="2100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems" xlink:to="loc_ecdTrdArrDuration" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc" xlink:title="995447 - Disclosure - Insider Trading Policies and Procedures">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingPoliciesProcLineItems" xlink:label="loc_ecdInsiderTradingPoliciesProcLineItems" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:label="loc_ecdInsiderTrdPoliciesProcAdoptedFlag" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingPoliciesProcLineItems" xlink:to="loc_ecdInsiderTrdPoliciesProcAdoptedFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock" xlink:label="loc_ecdInsiderTrdPoliciesProcNotAdoptedTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingPoliciesProcLineItems" xlink:to="loc_ecdInsiderTrdPoliciesProcNotAdoptedTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Organization" xlink:title="999014 - Disclosure - Organization">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies" xlink:title="999015 - Disclosure - Basis of Accounting and Significant Accounting Policies">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaapBasisOfPresentationAndSignificantAccountingPoliciesTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_us-gaapBasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinum" xlink:title="999016 - Disclosure - Investment in Platinum">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaapScheduleOfInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentHoldingsTextBlock" xlink:label="loc_us-gaapInvestmentHoldingsTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentHoldingsTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee" xlink:title="999017 - Disclosure - Related parties &#8211; Sponsor and Trustee">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract" xlink:to="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ConcentrationOfRisk" xlink:title="999018 - Disclosure - Concentration of risk">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="loc_us-gaapRisksAndUncertaintiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="loc_us-gaapConcentrationRiskDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract" xlink:to="loc_us-gaapConcentrationRiskDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/Indemnification" xlink:title="999019 - Disclosure - Indemnification">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract" xlink:to="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/SubsequentEvents" xlink:title="999020 - Disclosure - Subsequent events">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaapSubsequentEventsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaapSubsequentEventsTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventsAbstract" xlink:to="loc_us-gaapSubsequentEventsTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies" xlink:title="999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock" xlink:label="loc_PLTMCustodyAndValuationOfPlatinumPolicyTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_PLTMCustodyAndValuationOfPlatinumPolicyTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ExpensesPolicyTextBlock" xlink:label="loc_PLTMExpensesPolicyTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_PLTMExpensesPolicyTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ReceivableAndPayablePolicyTextBlock" xlink:label="loc_PLTMReceivableAndPayablePolicyTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_PLTMReceivableAndPayablePolicyTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock" xlink:label="loc_PLTMCreationsAndRedemptionsOfSharesPolicyTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_PLTMCreationsAndRedemptionsOfSharesPolicyTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaapIncomeTaxPolicyTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_us-gaapIncomeTaxPolicyTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables" xlink:title="999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" xlink:label="loc_us-gaapFairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_us-gaapFairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/InvestmentInPlatinumTables" xlink:title="999023 - Disclosure - Investment in Platinum (Tables)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaapScheduleOfInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_InvestmentsInBullionTableTextBlock" xlink:label="loc_PLTMInvestmentsInBullionTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMInvestmentsInBullionTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails" xlink:title="999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetTable" xlink:label="loc_srtPlatformOperatorCryptoAssetTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_srtPlatformOperatorCryptoAssetTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PlatformOperatorCryptoAssetLineItems" xlink:label="loc_srtPlatformOperatorCryptoAssetLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtPlatformOperatorCryptoAssetTable" xlink:to="loc_srtPlatformOperatorCryptoAssetLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtPlatformOperatorCryptoAssetTable" xlink:to="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueByFairValueHierarchyLevelAxis" xlink:to="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaapFairValueInputsLevel1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaapFairValueInputsLevel2Member" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel2Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaapFairValueInputsLevel3Member" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain" xlink:to="loc_us-gaapFairValueInputsLevel3Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaapFinancialInstrumentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtPlatformOperatorCryptoAssetTable" xlink:to="loc_us-gaapFinancialInstrumentAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancialInstrumentAxis" xlink:to="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PlatinumMember" xlink:label="loc_PLTMPlatinumMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="loc_PLTMPlatinumMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtPlatformOperatorCryptoAssetLineItems" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative" xlink:title="999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualAxis" xlink:label="loc_srtTitleOfIndividualAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_srtTitleOfIndividualAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualAxis" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_SponsorMember" xlink:label="loc_PLTMSponsorMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain" xlink:to="loc_PLTMSponsorMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_PercentageOfAllocatedPlatinumAvailableToSale" xlink:label="loc_PLTMPercentageOfAllocatedPlatinumAvailableToSale" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMPercentageOfAllocatedPlatinumAvailableToSale" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="loc_us-gaapFairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapFairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_FeePaidToSponsor" xlink:label="loc_PLTMFeePaidToSponsor" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMFeePaidToSponsor" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionAmountsOfTransaction" xlink:label="loc_us-gaapRelatedPartyTransactionAmountsOfTransaction" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRelatedPartyTransactionAmountsOfTransaction" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SponsorFees" xlink:label="loc_us-gaapSponsorFees" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSponsorFees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:label="loc_PLTMMinimumBlockOfSharesIssuedRedeemedAgainstBullion" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMMinimumBlockOfSharesIssuedRedeemedAgainstBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_TransactionFeeForCreationsAndRedemptions" xlink:label="loc_PLTMTransactionFeeForCreationsAndRedemptions" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMTransactionFeeForCreationsAndRedemptions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:label="loc_PLTMMaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_PLTMMaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaapUnrecognizedTaxBenefits" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapUnrecognizedTaxBenefits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExaminationDescription" xlink:label="loc_us-gaapIncomeTaxExaminationDescription" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeTaxExaminationDescription" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails" xlink:title="999026 - Disclosure - Schedule of Investment in Platinum (Details)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:label="loc_us-gaapScheduleOfInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:label="loc_us-gaapInvestmentOwnedBalanceOtherMeasure" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentOwnedBalanceOtherMeasure" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ContributedOuncesOfBullion" xlink:label="loc_PLTMContributedOuncesOfBullion" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMContributedOuncesOfBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ContributedValueOfBullion" xlink:label="loc_PLTMContributedValueOfBullion" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMContributedValueOfBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_DistributedOuncesOfBullion" xlink:label="loc_PLTMDistributedOuncesOfBullion" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMDistributedOuncesOfBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_DistributedValueOfBullion" xlink:label="loc_PLTMDistributedValueOfBullion" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMDistributedValueOfBullion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationDepreciation" xlink:label="loc_PLTMChangeInUnrealizedAppreciationDepreciation" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMChangeInUnrealizedAppreciationDepreciation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount" xlink:label="loc_PLTMChangeInUnrealizedAppreciationAndDepreciationAmount" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_PLTMChangeInUnrealizedAppreciationAndDepreciationAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentOwnedBalanceOtherMeasure" xlink:label="loc_us-gaapInvestmentOwnedBalanceOtherMeasure_2" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentOwnedBalanceOtherMeasure_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentInPhysicalCommodities" xlink:label="loc_us-gaapInvestmentInPhysicalCommodities_2" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfInvestmentsAbstract" xlink:to="loc_us-gaapInvestmentInPhysicalCommodities_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative" xlink:title="999027 - Disclosure - Related parties &#8211; Sponsor and Trustee (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract" xlink:to="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="loc_us-gaapRelatedPartyTransactionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="loc_us-gaapRelatedPartyTransactionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeAxis" xlink:label="loc_srtRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="loc_srtRangeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeAxis" xlink:to="loc_srtRangeMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MaximumMember" xlink:label="loc_srtMaximumMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeMember" xlink:to="loc_srtMaximumMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis" xlink:to="loc_us-gaapRelatedPartyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyMember" xlink:label="loc_us-gaapRelatedPartyMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain" xlink:to="loc_us-gaapRelatedPartyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LegalFees" xlink:label="loc_us-gaapLegalFees" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionLineItems" xlink:to="loc_us-gaapLegalFees" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="pltm-20250630.xsd#PLTM_FeePaidToSponsor" xlink:label="loc_PLTMFeePaidToSponsor" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionLineItems" xlink:to="loc_PLTMFeePaidToSponsor" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Aug. 08, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">10-K<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 30,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--06-30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-38349<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">GRANITESHARES
PLATINUM TRUST<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001690842<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">82-6644954<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">NY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">c/o
    GRANITESHARES LLC<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">222
                                            Broadway &#8211; 21st floor<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New
    York<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10038<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">646<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">876 5096<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">GraniteShares
    Platinum Shares<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_NoTradingSymbolFlag', window );">No Trading Symbol Flag</a></td>
<td class="text">true<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSEArca<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
<td class="text">No<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Non-accelerated Filer<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntitySmallBusiness', window );">Entity Small Business</a></td>
<td class="text">true<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityPublicFloat', window );">Entity Public Float</a></td>
<td class="nump">$ 85,150,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">700,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFinStmtErrorCorrectionFlag', window );">Document Financial Statement Error Correction [Flag]</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_NoInsiderTradingFlag', window );">No insider trading flag</a></td>
<td class="text">true<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorFirmId', window );">Auditor Firm ID</a></td>
<td class="text">445<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorName', window );">Auditor Name</a></td>
<td class="text">TAIT,
    WELLER & BAKER LLP<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorLocation', window );">Auditor Location</a></td>
<td class="text">Philadelphia,
    Pennsylvania<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_NoInsiderTradingFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>No insider trading flag.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_NoInsiderTradingFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorFirmId">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>PCAOB issued Audit Firm Identifier</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorFirmId</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:nonemptySequenceNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorLocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorLocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as an annual report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAnnualReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFinStmtErrorCorrectionFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicates whether any of the financial statement period in the filing include a restatement due to error correction.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-K<br> -Number 229<br> -Section 402<br> -Subsection w<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFinStmtErrorCorrectionFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a transition report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentTransitionReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityPublicFloat">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityPublicFloat</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntitySmallBusiness">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicates that the company is a Smaller Reporting Company (SRC).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntitySmallBusiness</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_NoTradingSymbolFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a security having no trading symbol.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_NoTradingSymbolFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:trueItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Statements of Assets and Liabilities - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Investment in platinum, at fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 85,235<span></span>
</td>
<td class="nump">$ 43,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OtherReceivables', window );">Platinum receivable for fund shares sold</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,252<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_Assets', window );">Total Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">88,487<span></span>
</td>
<td class="nump">43,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,281<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsNet', window );">Net Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 85,206<span></span>
</td>
<td class="nump">$ 43,119<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Shares issued</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,550,000<span></span>
</td>
<td class="nump">4,400,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,550,000<span></span>
</td>
<td class="nump">4,400,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NetAssetValuePerShare', window );">Net asset value per Share</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 13.01<span></span>
</td>
<td class="nump">$ 9.80<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember', window );">Related Party [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_PayableForPlatinumPurchased', window );">Payable for platinum purchased</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 3,252<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AccountsPayableCurrentAndNoncurrent', window );">Fees payable to Sponsor</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 29<span></span>
</td>
<td class="nump">$ 17<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Cost
    of investment in platinum: $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zPA5ssYwvBef" title="Cost of investment in platinum bullion">65,762</span> and $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_z1Z6m871GO8i" title="Cost of investment in platinum bullion">43,369</span>, respectively.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_902_eus-gaap--CommonStockNoParValue_iI_pid_do_c20250630_z980JbgqOhPf" title="Common stock, par value"><span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90C_eus-gaap--CommonStockNoParValue_iI_pid_do_c20240630_zdWxPRLzLFbd" title="Common stock, par value">No</span></span>
    par value, <span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_90D_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20240701__20250630_zBpPddZsGvJf" title="Common stock, shares authorized"><span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_901_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20230701__20240630_zbrBlh5nFe3k" title="Common stock, shares authorized"><span style="-sec-ix-hidden: xdx2ixbrl0097"><span style="-sec-ix-hidden: xdx2ixbrl0099">unlimited</span></span></span></span> amount authorized.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_PayableForPlatinumPurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Payable for platinum purchased.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_PayableForPlatinumPurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 942<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(15)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 944<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(15)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsPayableCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of asset recognized for present right to economic benefit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 942<br> -SubTopic 235<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-05(b)(1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 942<br> -SubTopic 235<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478671/942-235-S50-1<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 64<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481620/480-10-55-64<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 944<br> -SubTopic 605<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 14<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477548/944-605-55-14<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 944<br> -SubTopic 605<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 11<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477548/944-605-55-11<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 48<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 49<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482785/280-10-55-49<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 270<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (i)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (ee)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32<br><br>Reference 13: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 22<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 810<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (bb)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 810<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481231/810-10-45-25<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 323<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3<br><br>Reference 19: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 852<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481372/852-10-55-10<br><br>Reference 20: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(8))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(18))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 25: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 26: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 27: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 28: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 29: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 30: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 31: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 32: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 33: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 34: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 35: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 852<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481404/852-10-50-7<br><br>Reference 36: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30<br><br>Reference 37: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 942<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of net assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -SubTopic 30<br> -Topic 205<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479910/205-30-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -SubTopic 10<br> -Topic 505<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.6-05(4))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-2<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(4)(b))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(16)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(7))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentInPhysicalCommodities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investments held in physical commodities, such as gold, silver, platinum, crude oil, coal, sugar, rice, wheat.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(12))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(3)(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentInPhysicalCommodities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -SubTopic 10<br> -Topic 210<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(20))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(24))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 64<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481620/480-10-55-64<br><br>Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(19))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(25))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(26))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(23))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(21))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 810<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 810<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481231/810-10-45-25<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 810<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (bb)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 323<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3<br><br>Reference 18: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 19: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(14))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 21: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 25: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 26: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 27: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 28: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 29: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 30: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 852<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481404/852-10-50-7<br><br>Reference 31: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 852<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481404/852-10-50-7<br><br>Reference 32: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetAssetValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477796/946-210-45-4<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (h)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 505<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478448/946-505-50-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(19))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.6-05(4))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetAssetValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount due from parties in nontrade transactions, classified as other.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 944<br> -SubTopic 605<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 14<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477548/944-605-55-14<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 944<br> -SubTopic 605<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 11<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477548/944-605-55-11<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 280<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 49<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482785/280-10-55-49<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(5)(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3)(a)(4))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 944<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Statements of Assets and Liabilities (Parenthetical) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsAbstract', window );"><strong>Schedule of Investments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtCost', window );">Cost of investment in platinum bullion</a></td>
<td class="nump">$ 65,762<span></span>
</td>
<td class="nump">$ 43,369<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommonStockNoParValue', window );">Common stock, par value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorizedUnlimited', window );">Common stock, shares authorized</a></td>
<td class="text">Unlimited<span></span>
</td>
<td class="text">Unlimited<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockNoParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Face amount per share of no-par value common stock.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockNoParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorizedUnlimited">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicates whether number of common shares permitted to be issued is unlimited. Acceptable value is "Unlimited".</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorizedUnlimited</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>us-types:authorizedUnlimitedItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedAtCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cost of the investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477439/946-210-55-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-03(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C)(Footnote 8)(a)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(a)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F)(Footnote 5)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 19<br> -Subparagraph (3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-19<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedAtCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Schedules of Investments<br> $ in Thousands</strong></div></th>
<th class="th">
<div>Jun. 30, 2025 </div>
<div>USD ($) </div>
<div>oz</div>
</th>
<th class="th">
<div>Jun. 30, 2024 </div>
<div>USD ($) </div>
<div>oz</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedBalanceOtherMeasure', window );">Investment in platinum bullion | oz</a></td>
<td class="nump">63,137.357<span></span>
</td>
<td class="nump">42,625.054<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtCost', window );">Cost</a></td>
<td class="nump">$ 65,762<span></span>
</td>
<td class="nump">$ 43,369<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtFairValue', window );">Fair value</a></td>
<td class="nump">$ 85,235<span></span>
</td>
<td class="nump">$ 43,136<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedPercentOfNetAssets', window );">Percentage of net assets</a></td>
<td class="nump">100.03%<span></span>
</td>
<td class="nump">100.04%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities', window );">Assets less liabilities</a></td>
<td class="num">$ (29)<span></span>
</td>
<td class="num">$ (17)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets', window );">Assets less liabilities, percentage of net assets</a></td>
<td class="num">(0.03%)<span></span>
</td>
<td class="num">(0.04%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsNet', window );">Net assets</a></td>
<td class="nump">$ 85,206<span></span>
</td>
<td class="nump">$ 43,119<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_NetAssetsPercentageOfNetAssets', window );">Net assets, percentage of net assets</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementScenarioAxis=PLTM_PlatinumMember', window );">Platinum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedBalanceOtherMeasure', window );">Investment in platinum bullion | oz</a></td>
<td class="nump">63,137.357<span></span>
</td>
<td class="nump">42,625.054<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtCost', window );">Cost</a></td>
<td class="nump">$ 65,762<span></span>
</td>
<td class="nump">$ 43,369<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtFairValue', window );">Fair value</a></td>
<td class="nump">$ 85,235<span></span>
</td>
<td class="nump">$ 43,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedPercentOfNetAssets', window );">Percentage of net assets</a></td>
<td class="nump">100.03%<span></span>
</td>
<td class="nump">100.04%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_NetAssetsPercentageOfNetAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of net assets of net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_NetAssetsPercentageOfNetAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of net assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -SubTopic 30<br> -Topic 205<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479910/205-30-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedAtCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cost of the investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477439/946-210-55-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-03(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C)(Footnote 8)(a)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(a)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F)(Footnote 5)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 19<br> -Subparagraph (3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-19<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedAtCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fair value of investment in security owned.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(11))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477439/946-210-55-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-1<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-1<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-2<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-03(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(2)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(2)(b))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column A)(Footnote 1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 19: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C)(Footnote 5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C)(Footnote 6))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C)(Footnote 2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column A)(Footnote 6))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column A)(Footnote 7))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 25: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C)(Footnote 9))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 26: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 27: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 28: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 29: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F)(Footnote 4))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br><br>Reference 30: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F)(Footnote 7))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedBalanceOtherMeasure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Quantity of the investment. Indicate the measure in the unit of measure. This is commonly used for investments other than securities. For example, if the investment is gold, the balance would be the number of ounces and the unit of measure would indicate "ounces".</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 5D<br> -Subparagraph (SX 210.12-13D(Column B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-5D<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedBalanceOtherMeasure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedPercentOfNetAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of investment owned to net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477439/946-210-55-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-1<br><br>Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-6<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12(Column C)(Footnote 5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column D))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column C)(Footnote 2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-12B(Column A)(Footnote 6))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14(Column F)(Footnote 7))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedPercentOfNetAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of noninvestment asset (liability) representing difference between aggregate value of investments, including, but not limited to, long and short positions, and net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.6-05(2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of noninvestment asset and liability, including, but not limited to, long and short positions, to net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementScenarioAxis=PLTM_PlatinumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementScenarioAxis=PLTM_PlatinumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Statements of Operations - USD ($)<br> shares in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_SponsorFees', window );">Sponsor fees</a></td>
<td class="nump">$ 243<span></span>
</td>
<td class="nump">$ 188<span></span>
</td>
<td class="nump">$ 217<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total expenses</a></td>
<td class="nump">243<span></span>
</td>
<td class="nump">188<span></span>
</td>
<td class="nump">217<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_GainLossOnInvestments', window );">Net investment loss</a></td>
<td class="num">(243)<span></span>
</td>
<td class="num">(188)<span></span>
</td>
<td class="num">(217)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RealizedInvestmentGainsLossesAbstract', window );"><strong>Net realized gain (loss) from:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses', window );">Platinum sold to pay expenses</a></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares', window );">Platinum distributed for the redemption of Shares</a></td>
<td class="nump">628<span></span>
</td>
<td class="num">(211)<span></span>
</td>
<td class="num">(236)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RealizedInvestmentGainsLosses', window );">Net realized gain (loss)</a></td>
<td class="nump">622<span></span>
</td>
<td class="num">(231)<span></span>
</td>
<td class="num">(253)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion', window );">Net change in unrealized appreciation (depreciation)</a></td>
<td class="nump">19,706<span></span>
</td>
<td class="nump">5,187<span></span>
</td>
<td class="nump">1,139<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_AggregateGainLossOnBullion', window );">Net realized and unrealized gain (loss)</a></td>
<td class="nump">20,328<span></span>
</td>
<td class="nump">4,956<span></span>
</td>
<td class="nump">886<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net increase (decrease) in net assets resulting from operations</a></td>
<td class="nump">$ 20,085<span></span>
</td>
<td class="nump">$ 4,768<span></span>
</td>
<td class="nump">$ 669<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Net increase (decrease) in net assets per share, basic</a></td>
<td class="nump">$ 3.97<span></span>
</td>
<td class="nump">$ 1.15<span></span>
</td>
<td class="nump">$ 0.15<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Net increase (decrease) in net assets per share, diluted</a></td>
<td class="nump">$ 3.97<span></span>
</td>
<td class="nump">$ 1.15<span></span>
</td>
<td class="nump">$ 0.15<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Weighted average number of shares, basic</a></td>
<td class="nump">5,057<span></span>
</td>
<td class="nump">4,139<span></span>
</td>
<td class="nump">4,595<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Weighted average number of shares, diluted</a></td>
<td class="nump">5,057<span></span>
</td>
<td class="nump">4,139<span></span>
</td>
<td class="nump">4,595<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_AggregateGainLossOnBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Aggregate gain loss on bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_AggregateGainLossOnBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Change in unrealized gain (loss) on investment in Bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Realized investment gains losses for redemption of shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 105<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 9<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479343/105-10-65-9<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 718<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 17<br> -Subparagraph (d)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480336/718-10-65-17<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-6<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 52<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482635/260-10-55-52<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 805<br> -SubTopic 60<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (g)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476176/805-60-65-1<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 323<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (g)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478666/740-323-65-2<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-3<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 15<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482635/260-10-55-15<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (e)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-7<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-2<br><br>Reference 19: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-10<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(25))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 942<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(27))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(23))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-7<br><br>Reference 25: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 4<br> -Subparagraph (f)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481538/470-20-65-4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 105<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 9<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479343/105-10-65-9<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 718<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 17<br> -Subparagraph (d)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480336/718-10-65-17<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-6<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 52<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482635/260-10-55-52<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 805<br> -SubTopic 60<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (g)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476176/805-60-65-1<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 323<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (g)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478666/740-323-65-2<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-3<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 15<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482635/260-10-55-15<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (e)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-7<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-2<br><br>Reference 19: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(25))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 942<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(27))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(23))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-7<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 4<br> -Subparagraph (f)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481538/470-20-65-4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of realized and unrealized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(9)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(7)(c))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef<br> -Topic 230<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gain (loss) related to the sale of trust assets (includes, but is not limited to, gold and silver) to pay trust expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-10<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-4<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 21<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-21<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 14<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-14<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(k)(2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479857/480-10-S50-3<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S45<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479887/480-10-S45-3<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (24)(d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 105<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 9<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479343/105-10-65-9<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 718<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 17<br> -Subparagraph (d)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480336/718-10-65-17<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-6<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 9<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-9<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 805<br> -SubTopic 60<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (g)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476176/805-60-65-1<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 323<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (g)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478666/740-323-65-2<br><br>Reference 19: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 323<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482765/220-10-50-6<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-3<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 25: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 26: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 8<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-8<br><br>Reference 27: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 28: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 29: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479105/946-220-45-7<br><br>Reference 30: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1<br><br>Reference 31: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(9))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 32: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(1)(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br><br>Reference 33: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 34: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 35: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 36: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 37: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 38: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 39: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 40: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 41: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 42: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 43: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B<br><br>Reference 44: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 205<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7<br><br>Reference 45: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 230<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 28<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28<br><br>Reference 46: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 1A<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A<br><br>Reference 47: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 1B<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B<br><br>Reference 48: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 4<br> -Subparagraph (f)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481538/470-20-65-4<br><br>Reference 49: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 942<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-4<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealizedInvestmentGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of realized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(3)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealizedInvestmentGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealizedInvestmentGainsLossesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealizedInvestmentGainsLossesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SponsorFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SponsorFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 16<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-16<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-10<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Statements of Changes in Net Assets - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract', window );"><strong>Organization, Consolidation and Presentation of Financial Statements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsNet', window );">Net Assets &#8211; beginning of year</a></td>
<td class="nump">$ 43,119<span></span>
</td>
<td class="nump">$ 34,919<span></span>
</td>
<td class="nump">$ 44,801<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueNewIssues', window );">Creation of 3,150,000, 850,000 and 350,000 shares respectively</a></td>
<td class="nump">32,318<span></span>
</td>
<td class="nump">7,695<span></span>
</td>
<td class="nump">3,392<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StockRedeemedOrCalledDuringPeriodValue', window );">Redemption of (1,000,000), (450,000), and (1,400,000) shares respectively</a></td>
<td class="num">(10,316)<span></span>
</td>
<td class="num">(4,263)<span></span>
</td>
<td class="num">(13,943)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_GainLossOnInvestments', window );">Net investment income (loss)</a></td>
<td class="num">(243)<span></span>
</td>
<td class="num">(188)<span></span>
</td>
<td class="num">(217)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses', window );">Net realized gain (loss) from platinum bullion sold to pay expenses</a></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares', window );">Net realized gain (loss) from platinum bullion distributed for redemptions</a></td>
<td class="nump">628<span></span>
</td>
<td class="num">(211)<span></span>
</td>
<td class="num">(236)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion', window );">Net change in unrealized gain (loss) on investment in platinum bullion</a></td>
<td class="nump">19,706<span></span>
</td>
<td class="nump">5,187<span></span>
</td>
<td class="nump">1,139<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsNet', window );">Net Assets &#8211; end of year</a></td>
<td class="nump">$ 85,206<span></span>
</td>
<td class="nump">$ 43,119<span></span>
</td>
<td class="nump">$ 34,919<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Change in unrealized appreciation depreciation on investment in bullion</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Realized investment gains losses for redemption of shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of net assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -SubTopic 30<br> -Topic 205<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479910/205-30-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of realized and unrealized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(9)(a))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(7)(c))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef<br> -Topic 230<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Gain (loss) related to the sale of trust assets (includes, but is not limited to, gold and silver) to pay trust expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueNewIssues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -SubTopic 10<br> -Topic 505<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 11<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-11<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478009/946-205-45-4<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 505<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478448/946-505-50-2<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(4)(b))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br><br>Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 505<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueNewIssues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRedeemedOrCalledDuringPeriodValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Equity impact of the value of stock bought back by the entity at the exercise price or redemption price.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -SubTopic 10<br> -Topic 505<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRedeemedOrCalledDuringPeriodValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Statements of Changes in Net Assets (Parenthetical) - shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementOfStockholdersEquityAbstract', window );"><strong>Statement of Stockholders' Equity [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesNewIssues', window );">Creations, shares</a></td>
<td class="nump">3,150,000<span></span>
</td>
<td class="nump">850,000<span></span>
</td>
<td class="nump">350,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StockRedeemedOrCalledDuringPeriodShares', window );">Redemptions, shares</a></td>
<td class="num">(1,000,000)<span></span>
</td>
<td class="num">(450,000)<span></span>
</td>
<td class="num">(1,400,000)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementOfStockholdersEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementOfStockholdersEquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesNewIssues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of new stock issued during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -SubTopic 10<br> -Topic 505<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 505<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478448/946-505-50-2<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(4)(b))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-03(i)(1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3<br><br>Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 505<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesNewIssues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRedeemedOrCalledDuringPeriodShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Number of stock bought back by the entity at the exercise price or redemption price.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -SubTopic 10<br> -Topic 505<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRedeemedOrCalledDuringPeriodShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Financial Highlights - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NetAssetValuePerShare', window );">Net asset value per Share at beginning of year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 9.80<span></span>
</td>
<td class="nump">$ 8.73<span></span>
</td>
<td class="nump">$ 8.87<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare', window );">Net investment income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(0.05)<span></span>
</td>
<td class="num">(0.05)<span></span>
</td>
<td class="num">(0.05)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare', window );">Net realized and unrealized gain (loss) on investment in platinum</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.26<span></span>
</td>
<td class="nump">1.12<span></span>
</td>
<td class="num">(0.09)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare', window );">Net change in net assets from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.21<span></span>
</td>
<td class="nump">1.07<span></span>
</td>
<td class="num">(0.14)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NetAssetValuePerShare', window );">Net asset value per Share at end of year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13.01<span></span>
</td>
<td class="nump">9.80<span></span>
</td>
<td class="nump">8.73<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyMarketValuePerShare', window );">Market value per Share at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 13.00<span></span>
</td>
<td class="nump">$ 9.67<span></span>
</td>
<td class="nump">$ 8.84<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyTotalReturn', window );">Total return ratio, at net asset value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32.76%<span></span>
</td>
<td class="nump">12.26%<span></span>
</td>
<td class="num">(1.58%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyTotalReturnMarketValue', window );">Total return ratio, at market price</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34.44%<span></span>
</td>
<td class="nump">9.39%<span></span>
</td>
<td class="nump">0.68%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AssetsNet', window );">Net Assets &#8211; end of year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 85,206<span></span>
</td>
<td class="nump">$ 43,119<span></span>
</td>
<td class="nump">$ 34,919<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyFinancialRatiosAbstract', window );"><strong>Ratio to average net assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyInvestmentIncomeLossRatio', window );">Net investment loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(0.50%)<span></span>
</td>
<td class="num">(0.50%)<span></span>
</td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.50%<span></span>
</td>
<td class="nump">0.50%<span></span>
</td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Calculated
    using the average shares outstanding method.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of net assets (liabilities).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -SubTopic 30<br> -Topic 205<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479910/205-30-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of expense, after incentive allocation, to average net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 13<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-13<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyFinancialRatiosAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyFinancialRatiosAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Per share or unit amount of realized and unrealized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Per share or unit amount of investment income (loss) and realized and unrealized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Per-basic-share or unit amount, after investment expense, of dividend and interest investment income (loss) from investment held by investment company.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyInvestmentIncomeLossRatio">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of investment income (loss) to average net assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-10<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyInvestmentIncomeLossRatio</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyMarketValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Market value per share of investment portfolio by investment company. Includes, but is not limited to, per unit, membership interest, or other ownership interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyMarketValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyTotalReturn">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage increase (decrease) in fund net asset value, assuming reinvestment of dividends and capital gain distributions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 27<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-27<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480990/946-20-50-2<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 18<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-18<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyTotalReturn</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentCompanyTotalReturnMarketValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage increase (decrease) in portfolio market value assuming reinvestment of dividend and capital gain distribution.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 18<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-18<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentCompanyTotalReturnMarketValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetAssetValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-12<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477796/946-210-45-4<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 205<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (h)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478494/946-205-50-7<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 505<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478448/946-505-50-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(19))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.6-05(4))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetAssetValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pay vs Performance Disclosure - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2025</div></th>
<th class="th"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ecd_PvpTable', window );"><strong>Pay vs Performance Disclosure [Table]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net Income (Loss)</a></td>
<td class="nump">$ 20,085<span></span>
</td>
<td class="nump">$ 4,768<span></span>
</td>
<td class="nump">$ 669<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ecd_PvpTable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-K<br> -Number 229<br> -Section 402<br> -Subsection v<br> -Paragraph 1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ecd_PvpTable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ecd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 946<br> -SubTopic 830<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 10<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479168/946-830-55-10<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-4<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 21<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-21<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 220<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 14<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476153/220-40-55-14<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(k)(2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-28<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-4<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479857/480-10-S50-3<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S45<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479887/480-10-S45-3<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 480<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3A<br> -Subparagraph (24)(d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480244/480-10-S99-3A<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 105<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 9<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479343/105-10-65-9<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 718<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 17<br> -Subparagraph (d)(1)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480336/718-10-65-17<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-6<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 9<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-9<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 805<br> -SubTopic 60<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (g)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476176/805-60-65-1<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 323<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (g)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478666/740-323-65-2<br><br>Reference 19: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br><br>Reference 20: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 21: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 323<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3<br><br>Reference 22: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482765/220-10-50-6<br><br>Reference 23: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-3<br><br>Reference 24: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-1<br><br>Reference 25: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 815<br> -SubTopic 40<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (f)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480175/815-40-65-1<br><br>Reference 26: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 8<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-8<br><br>Reference 27: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 28: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 250<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483443/250-10-50-11<br><br>Reference 29: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479105/946-220-45-7<br><br>Reference 30: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 944<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1<br><br>Reference 31: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(9))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 32: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-09(1)(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3<br><br>Reference 33: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 34: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 35: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 36: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 37: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A<br><br>Reference 38: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 39: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(A))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 40: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 41: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iv))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 42: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B<br><br>Reference 43: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 260<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B<br><br>Reference 44: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 205<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 7<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7<br><br>Reference 45: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 230<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 28<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28<br><br>Reference 46: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 1A<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A<br><br>Reference 47: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 1B<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B<br><br>Reference 48: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 470<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 65<br> -Paragraph 4<br> -Subparagraph (f)(4)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481538/470-20-65-4<br><br>Reference 49: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 942<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Organization<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract', window );"><strong>Organization, Consolidation and Presentation of Financial Statements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock', window );">Organization</a></td>
<td class="text"><p id="xdx_802_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zX8QYv74N6Z1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.
<span id="xdx_827_zdtYO5aMRkUl">Organization</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GraniteShares
Platinum Trust (the &#8220;Trust&#8221;) is an investment trust formed on January 11, 2018 under New York law pursuant to a trust indenture.
The Sponsor of the Trust, GraniteShares LLC (the &#8220;Sponsor&#8221;), is responsible for, among other things, overseeing the performance
of The Bank of New York Mellon (the &#8220;Trustee&#8221;) and the Trust&#8217;s principal service providers, including the preparation
of financial statements. The Trustee is responsible for the day-to-day administration of the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
objective of the Trust is for the value of the Shares to reflect, at any given time, the value of the assets owned by the Trust at that
time less the Trust&#8217;s accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective
means of making an investment similar to an investment in platinum.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
fiscal year end for the Trust is June 30.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Undefined
capitalized terms shall have the meaning as set forth in the Trust&#8217;s registration statement.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480424/946-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480424/946-10-50-2<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 810<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/810/tableOfContent<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 205<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480922/205-10-S99-3<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 205<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S45<br> -Paragraph 5<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481034/205-10-S45-5<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 205<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/205/tableOfContent<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Accounting and Significant Accounting Policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock', window );">Basis of Accounting and Significant Accounting Policies</a></td>
<td class="text"><p id="xdx_804_eus-gaap--BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_zVGkwL0ZCVDc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>2.
<span id="xdx_82B_zDUGjCnxcluj">Basis of Accounting and Significant Accounting Policies</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has determined that the Trust falls within the scope of Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting
Standards Codification (&#8220;ASC&#8221;) 946, Financial Services&#8212;Investment Companies, and has concluded that for reporting purposes,
the Trust is classified as an Investment Company. The Trust is not registered as an investment company under the Investment Company Act
of 1940, as amended and is not required to register under such act.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires
those responsible for preparing financial statements to make estimates and assumptions that affect the reported amounts and disclosures.
Actual results could differ from those estimates.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
following is a summary of significant accounting policies followed by the Trust.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p id="xdx_84F_ecustom--CustodyAndValuationOfPlatinumPolicyTextBlock_z1O7qyWyqiej" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.1
<span id="xdx_86C_zXWgBLRUkqrk">Custody and Fair Valuation of Platinum</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust follows the provisions of ASC 820, Fair Value Measurements (&#8220;ASC 820&#8221;). ASC 820 provides guidance for determining fair
value and requires increased disclosure regarding the inputs to valuation techniques used to measure fair value. ASC 820 defines fair
value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
is held by ICBC Standard Bank Plc (the &#8220;Custodian&#8221;), on behalf of the Trust, at the Custodian&#8217;s London, United Kingdom
vaulting premises. <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20240701__20250630_zq31FczDfAn8" title="Available to sale percentage">99.81</span>% and <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20230701__20240630_zOQqUq56GdEh" title="Available to sale percentage">99.84</span>% of platinum is in the form of good delivery platinum bars as of June 30, 2025 and 2024, respectively.
A current list of all platinum held by the Custodian is available on the sponsor&#8217;s website. The cost of platinum is determined
according to the average cost method and the fair value is based on the London Bullion Market Association (&#8220;LBMA&#8221;) Platinum
Price PM.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">LBMA
Platinum Price PM is the price per troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process
starting after 2:00 p.m. (London time), on each day that the London platinum market is open for business, and announced by the LME shortly
thereafter.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
per Share amount of platinum exchanged for a purchase or redemption is calculated daily by the Trustee, using the LBMA Platinum Price
PM to calculate the platinum amount in respect of any liabilities for which covering platinum sales have not yet been made, and represents
the per Share amount of platinum held by the Trust, after giving effect to its liabilities, to cover expenses and liabilities and any
losses that may have occurred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC
820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are
as follows:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
1: Unadjusted quoted prices in active markets for identical assets or liabilities that the Trust has the ability to access.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
2: Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly.
These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments and similar
data.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
3: Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Trust&#8217;s
own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based
on the best information available.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B1_zZ5Np152J3Mk" style="display: none">Schedule of Trust Investments Fair Value</span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2025</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">85,235</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0324">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0326">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">85,235</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0330">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0332">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">43,136</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0336">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0338">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">43,136</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0342">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0344">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p id="xdx_8AB_zRXc6imaod0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
were <span id="xdx_906_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20240701__20250630_zr7WNC7vEkUj" title="Fair value measurements transfers"><span id="xdx_90D_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20230701__20240630_zOLh47h4HcXk" title="Fair value measurements transfers">no</span></span> transfers between Level 1 and other Levels for the years ended June 30, 2025 and 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<p id="xdx_84F_ecustom--ExpensesPolicyTextBlock_zs6oOOQ0RSad" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.2
<span id="xdx_86C_zH3nCVjuirM7">Expenses, realized gains and losses</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s only ordinary recurring fee is expected to be the fee paid to the Sponsor, which will accrue daily at an annualized rate
equal to <span id="xdx_904_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zLGjBtjkeV1g" title="Fee paid to sponsor, annualized rate">0.50</span>% of the adjusted daily net asset value of the Trust, paid monthly in arrears.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has agreed to assume administrative and marketing expenses incurred by the Trust, including the Trustee&#8217;s monthly fee and
out of pocket expenses, the Custodian&#8217;s fee and the reimbursement of the Custodian&#8217;s expenses, exchange listing fees, United
States Securities and Exchange Commission (the &#8220;SEC&#8221;) registration fees, printing and mailing costs, audit fees and certain
legal expenses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
fees payable to the Sponsor were $<span id="xdx_904_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_z5Pjkm8T14E4" title="Fees payable to sponsor">29,422</span> as of June 30, 2025 and $<span id="xdx_90F_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_z8ldEO5uPN17" title="Fees payable to sponsor">17,280</span> as of June 30, 2024. The Sponsor&#8217;s Fee was $<span id="xdx_900_eus-gaap--SponsorFees_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zbjkp4UG5EFj" title="Sponsor fee">242,983</span> for
the year ended June 30, 2025, or <span id="xdx_90A_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zIuzZhcUeE8b" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s assets on an annualized basis, $<span id="xdx_90D_eus-gaap--SponsorFees_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zFWf7T3X9eCk" title="Sponsor fee">187,695</span> for the year ended June 30, 2024,
or <span id="xdx_90E_ecustom--FeePaidToSponsor_pid_dp_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zhmpLWB2rNO4" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s assets on an annualized basis, and $<span id="xdx_90C_eus-gaap--SponsorFees_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zVtCMs4FEga7" title="Sponsor fee">216,715</span> for the year ended June 30, 2023, or <span id="xdx_903_ecustom--FeePaidToSponsor_pid_dp_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zYXG6symikn9" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s
assets on an annualized basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With
respect to expenses not otherwise assumed by the Sponsor, the Trustee will, at the direction of the Sponsor or in its own discretion,
sell the Trust&#8217;s platinum as necessary to pay these expenses. When selling platinum to pay expenses, the Trustee will endeavor
to sell the smallest amounts of platinum needed to pay these expenses in order to minimize the Trust&#8217;s holdings of assets other
than platinum. Other than the Sponsor&#8217;s Fee, the Trust had no expenses during the years ended June 30, 2025, 2024 and 2023.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
Price. The Trustee will place orders with dealers (which may include the Custodian) through which the Trustee expects to receive the
most favorable price and execution of orders. The Custodian may be the purchaser of such platinum only if the sale transaction is made
at the next LBMA PM Platinum Price or such other publicly available price that the Sponsor deems fair, in each case as set following
the sale order. A gain or loss is recognized based on the difference between the selling price and the cost of the platinum sold. Neither
the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Realized
gains and losses result from the transfer of platinum for Share redemptions and / or to pay expenses and are recognized on a trade date
basis as the difference between the fair value and cost of platinum transferred. Gain or loss on sales of platinum bullion is calculated
on a trade date basis using the average cost method.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<p id="xdx_847_ecustom--ReceivableAndPayablePolicyTextBlock_zDeHFjdFuLS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.3.
<span id="xdx_864_zjJQoal0vt0b">Platinum. Receivable and Payable</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
receivable or payable represents the quantity of platinum covered by contractually binding orders for the creation or redemption of Shares
respectively, where the platinum has not yet been transferred to or from the Trust&#8217;s account. Generally, ownership of the platinum
is transferred within two business days of the trade date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<p id="xdx_845_ecustom--CreationsAndRedemptionsOfSharesPolicyTextBlock_zPhUho6Qyat6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.4.
<span id="xdx_862_zaXo48Mjhrd5">Creations and Redemptions of Shares</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust issues and redeems in one or more blocks of <span id="xdx_90D_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zdjs2Ul8pgBi" title="Minimum block of shares issued redeemed">50,000</span> Shares (a block of <span id="xdx_904_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zJx0ZOhmRwj" title="Minimum block of shares issued redeemed">50,000</span> Shares is called a &#8220;Basket&#8221;) only to Authorized
Participants on an ongoing basis. The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust
or the distribution by the Trust of the amount of platinum represented by the Baskets being created or redeemed, the amount of which
will be based on the combined ounces represented by the number of shares included in the Baskets being created or redeemed determined
on the day the order to create or redeem Baskets is properly received.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Orders
to create and redeem Baskets may be placed only by Authorized Participants. An Authorized Participant must: (1) be a registered broker-dealer
or other securities market participant, such as a bank or other financial institution, which, but for an exclusion from registration,
would be required to register as a broker-dealer to engage in securities transactions, (2) be a participant in DTC, and (3) must have
an agreement with the Custodian establishing an unallocated account in London or have an existing unallocated account meeting the standards
described herein. To become an Authorized Participant, a person must enter into an Authorized Participant Agreement with the Sponsor
and the Trustee. The Authorized Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of the platinum required for such creations and redemptions. The Authorized Participant Agreement and the related procedures
attached thereto may be amended by the Trustee and the Sponsor, without the consent of any investor or Authorized Participant. A transaction
fee of $<span id="xdx_90C_ecustom--TransactionFeeForCreationsAndRedemptions_pp0p0_c20240701__20250630_zqGYu5R9N0Qf" title="Transaction fee for creations and redemptions">500</span> will be assessed on all creation and redemption transactions. Multiple Baskets may be created on the same day, provided each
Basket meets the requirements described below and that the Custodian is able to allocate platinum to the Trust Allocated Account such
that the Trust Unallocated Account holds no more than <span id="xdx_906_ecustom--MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_iI_uoz_c20250630_ze7055GXjPh1" title="Trust unallocated account">192</span> ounces of platinum at the close of a business day.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized
Participants who make deposits with the Trust in exchange for Baskets will receive no fees, commissions or other form of compensation
or inducement of any kind from either the Sponsor or the Trust, and no such person has any obligation or responsibility to the Sponsor
or the Trust to effect any sale or resale of shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<p id="xdx_84A_eus-gaap--IncomeTaxPolicyTextBlock_zyVDVycwoHBd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.5.
<span><span id="xdx_86B_zwXRipLHo6Jd">Income Taxes</span></span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is classified as a &#8220;grantor trust&#8221; for United States federal income tax purposes. As a result, the Trust itself will
not be subject to United States federal income tax. Instead, the Trust&#8217;s income and expenses will &#8220;flow through&#8221; to
the Shareholders, and the Trustee will report the Trust&#8217;s proceeds, income, gains, losses and deductions to the Internal Revenue
Service on that basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
that <span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20250630_zkg2cLBBiqG1" title="Uncertain tax positions taken in tax returns"><span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20240630_zLDYM7u3bkc4" title="Uncertain tax positions taken in tax returns">no</span></span> reserves for uncertain tax positions are required as of June 30, 2025 and June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust&#8217;s tax returns to determine whether
the tax positions are &#8220;more-likely-than-not&#8221; to be sustained by the applicable tax authority. Tax positions not deemed to
meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax
years are those years that are open for examination by the relevant income taxing authority. As of June 30, 2025, <span id="xdx_901_eus-gaap--IncomeTaxExaminationDescription_c20240701__20250630_zeJThZmfYUjj" title="Income tax examination, description">the 2025, 2024, 2023
and 2022 tax years remain open for examination.</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zniuipwsbYn2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.6
<span id="xdx_86A_znKUUtvKem61">Recently Issued Accounting Pronouncement</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures
(&#8220;ASU 2023-07&#8221;). The Trust operates in one segment. The segment derives its revenues from Trust investments made in accordance
with the defined investment strategy of the Trust, as prescribed in the Trust&#8217;s prospectus. The Chief Operating Decision Maker
(&#8220;CODM&#8221;) is the Sponsor. The CODM monitors the operating results of the Trust. The financial information the CODM leverages
to assess the segment&#8217;s performance and to make decisions for the Trust&#8217;s single segment, is consistent with that presented
within the Trust&#8217;s financial statements.</span></p>

<p id="xdx_851_zdfrr3Zz4Ya9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the basis of presentation and significant accounting policies concepts. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). Accounting policies describe all significant accounting policies of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483426/235-10-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment in Platinum<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsAbstract', window );"><strong>Schedule of Investments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentHoldingsTextBlock', window );">Investment in Platinum</a></td>
<td class="text"><p id="xdx_808_eus-gaap--InvestmentHoldingsTextBlock_zDhotFyZTPng" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>3.
<span id="xdx_828_zXMJuw3vkvh7">Investment in Platinum</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p id="xdx_89F_ecustom--InvestmentsInBullionTableTextBlock_zxFkQVpe93Dk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; display: none; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B0_zgWvxhkwdP01" style="display: none">Schedule of Investment in Platinum</span></span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20240701__20250630_zSYxkDO0aH0a" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)">42,625.054</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98C_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20240701__20250630_zqDOSbgWFaoh" style="width: 16%; text-align: right" title="Platinum opening balance">43,136</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_986_ecustom--ContributedOuncesOfBullion_pid_uoz_c20240701__20250630_zwgwqaFfUHP7" style="text-align: right" title="Platinum contributed (in Ounces)">30,391.246</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_982_ecustom--ContributedValueOfBullion_pn3n3_c20240701__20250630_zldrsZ2mzc82" style="text-align: right" title="Platinum contributed">32,318</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98D_ecustom--DistributedOuncesOfBullion_pid_uoz_c20240701__20250630_zCG8K4K990xl" style="text-align: right" title="Platinum distributed (in Ounces)">(9,878.943</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_981_ecustom--DistributedValueOfBullion_pn3n3_c20240701__20250630_zETThvndxFmd" style="text-align: right" title="Platinum distributed">(9,925</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_987_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20240701__20250630_zQsIuMf2xMk1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"><span style="-sec-ix-hidden: xdx2ixbrl0408">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_98C_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20240701__20250630_zQLG6NPrJtb2" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation">19,706</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2025</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_982_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20240701__20250630_ziGNUSM42o6c" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)">63,137.357</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20240701__20250630_zuiVR83Uic5e" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance">85,235</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2023</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20230701__20240630_z0ur0SDDmfZ2" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)">38,945.929</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98D_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20230701__20240630_zKWaF3pZ4En1" style="width: 16%; text-align: right" title="Platinum opening balance">34,934</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_984_ecustom--ContributedOuncesOfBullion_pid_uoz_c20230701__20240630_zx7oe8j61Y78" style="text-align: right" title="Platinum contributed (in Ounces)">8,255.423</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_985_ecustom--ContributedValueOfBullion_pn3n3_c20230701__20240630_zeGmFosPRnzk" style="text-align: right" title="Platinum contributed">7,695</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98E_ecustom--DistributedOuncesOfBullion_pid_uoz_c20230701__20240630_zm5j5h75jrpd" style="text-align: right" title="Platinum distributed (in Ounces)">(4,576.298</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98C_ecustom--DistributedValueOfBullion_pn3n3_c20230701__20240630_z89wlJ1eIEMf" style="text-align: right" title="Platinum distributed">(4,680</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_986_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20230701__20240630_zZCHPpBlDcP9" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"><span style="-sec-ix-hidden: xdx2ixbrl0428">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_985_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20230701__20240630_zif7V7b39Bj1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation">5,187</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2024</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20230701__20240630_z2oWDfOvez4b" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)">42,625.054</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_983_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20230701__20240630_zOnhAn96O1l9" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance">43,136</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p id="xdx_8AA_zFOn9gJpEyeh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentHoldingsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for investment holdings. This includes the long positions of investments for the entity. It contains investments in affiliated and unaffiliated issuers. The investments include securities and non securities (i.e. commodities and futures contracts).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 12<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478795/946-210-50-12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentHoldingsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related parties &#8211; Sponsor and Trustee<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock', window );">Related parties &#8211; Sponsor and Trustee</a></td>
<td class="text"><p id="xdx_80A_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zdHl9odDobsj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>4.
<span id="xdx_82D_zFijsU5lJ975">Related parties &#8211; Sponsor and Trustee</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
fee is paid to the Sponsor as compensation for services performed under the Trust Agreement. In exchange for the Sponsor&#8217;s fee,
the Sponsor has agreed to assume the following administrative and marketing expenses incurred by the Trust: the Trustee&#8217;s fee and
out-of-pocket expenses, the custodian&#8217;s fee and reimbursement of the custodian expenses, NYSE Arca listing fees, SEC registration
fees, printing and mailing costs, audit fees and expenses, and up to $<span id="xdx_90E_eus-gaap--LegalFees_c20240701__20250630__srt--RangeAxis__srt--MaximumMember_zmRz0PQJXNOi" title="Legal fees and expenses">500,000</span> per annum in legal fees and expenses. The Sponsor&#8217;s
fee is payable at an annualized rate of <span id="xdx_900_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_ze5Czktrq96c" title="Sponsor fee payable percentage">0.50</span>% of the Trust&#8217;s Net Asset Value, accrued on a daily basis computed on the prior Business
Day&#8217;s Net Asset Value and paid monthly in arrears.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor, from time to time, may temporarily waive all or a portion of the Sponsor&#8217;s Fee at its discretion for a stated period of
time. Presently, the Sponsor does not intend to waive any part of its fee.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Affiliates
of the Trustee may from time to time act as Authorized Participants or purchase or sell platinum or Shares for their own account, as
agent for their customers and for accounts over which they exercise investment discretion.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480990/946-20-50-2<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 5<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480990/946-20-50-5<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 20<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480990/946-20-50-6<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 235<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 235<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(g)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(c))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(e))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/850/tableOfContent<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-6<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Concentration of risk<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RisksAndUncertaintiesAbstract', window );"><strong>Risks and Uncertainties [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_ConcentrationRiskDisclosureTextBlock', window );">Concentration of risk</a></td>
<td class="text"><p id="xdx_805_eus-gaap--ConcentrationRiskDisclosureTextBlock_zo3neR8HLfT7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>5.
<span id="xdx_82C_zaPzRQn2sgG5">Concentration of risk</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s sole business activity is the investment in platinum. Several factors could affect the price of platinum, including: (i)
global platinum supply and demand, which is influenced by factors such as production and cost levels in major platinum-producing countries,
recycling, autocatalyst demand, industrial demand, jewelry demand and investment demand; (ii) investors&#8217; expectations with respect
to the rate of inflation; (iii) currency exchange rates; (iv) interest rates; (v) investment and trading activities of hedge funds and
commodity funds; and (vi) global or regional political, economic or financial events and situations. In addition, there is no assurance
that platinum will maintain its long-term value in terms of purchasing power in the future. In the event that the price of platinum declines,
the Sponsor expects the value of an investment in the Shares to decline proportionately. Each of these events could have a material effect
on the Trust&#8217;s financial position and results of operations.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (d)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (d)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (c)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (c)(2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 825<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 275<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 3A<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482836/275-10-55-3A<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 275<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2A<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482861/275-10-50-2A<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 275<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482861/275-10-50-1<br><br>Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 275<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/275/tableOfContent<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RisksAndUncertaintiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RisksAndUncertaintiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Indemnification<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract', window );"><strong>Commitments and Contingencies Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock', window );">Indemnification</a></td>
<td class="text"><p id="xdx_80C_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_z7HLPJHse2Kk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>6.
<span id="xdx_82F_zpkLaGSUloqk">Indemnification</span> </b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under
the Trust&#8217;s organizational documents, each of the Trustee (and its directors, officers, employees, shareholders, agents and affiliates)
and the Sponsor (and its members, managers, directors, officers, employees, agents and affiliates) is indemnified against any liability,
loss or expense it incurs without (i) gross negligence, bad faith, willful misconduct or willful misfeasance on its part in connection
with the performance of its obligations under the Trust Agreement or any such other agreement or any actions taken in accordance with
the provisions of the Trust Agreement or any such other agreement and (ii) reckless disregard on its part of its obligations and duties
under the Trust Agreement or any such other agreement. Such indemnity shall also include payment from the Trust of the reasonable costs
and expenses incurred by the indemnified party in investigating or defending itself against any such loss, liability or expense or any
claim therefore. In addition, the Sponsor may, in its sole discretion, undertake any action that it may deem necessary or desirable in
respect of the Trust Agreement and in such event, the reasonable legal expenses and costs and other disbursements of any such actions
shall be expenses and costs of the Trust and the Sponsor shall be entitled to reimbursement by the Trust. The Trust&#8217;s maximum exposure
under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for commitments and contingencies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 405<br> -SubTopic 30<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/405-30/tableOfContent<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 440<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 450<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/450/tableOfContent<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 954<br> -SubTopic 440<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147478522/954-440-50-1<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 440<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 440<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/440/tableOfContent<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Subsequent events<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_SubsequentEventsAbstract', window );"><strong>Subsequent Events [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_SubsequentEventsTextBlock', window );">Subsequent events</a></td>
<td class="text"><p id="xdx_802_eus-gaap--SubsequentEventsTextBlock_zkKt6aeKRgq3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7.
<span id="xdx_826_zb8EGj4f1WDb">Subsequent events</span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management
has evaluated the events and transactions that have occurred through the date the financial statements were issued and noted no items
requiring adjustment of the financial statements or additional disclosures.</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubsequentEventsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SubsequentEventsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubsequentEventsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 855<br> -Name Accounting Standards Codification<br> -Publisher FASB<br> -URI https://asc.fasb.org/855/tableOfContent<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 855<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SubsequentEventsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Accounting and Significant Accounting Policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock', window );">Custody and Fair Valuation of Platinum</a></td>
<td class="text"><p id="xdx_84F_ecustom--CustodyAndValuationOfPlatinumPolicyTextBlock_z1O7qyWyqiej" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.1
<span id="xdx_86C_zXWgBLRUkqrk">Custody and Fair Valuation of Platinum</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust follows the provisions of ASC 820, Fair Value Measurements (&#8220;ASC 820&#8221;). ASC 820 provides guidance for determining fair
value and requires increased disclosure regarding the inputs to valuation techniques used to measure fair value. ASC 820 defines fair
value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
is held by ICBC Standard Bank Plc (the &#8220;Custodian&#8221;), on behalf of the Trust, at the Custodian&#8217;s London, United Kingdom
vaulting premises. <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20240701__20250630_zq31FczDfAn8" title="Available to sale percentage">99.81</span>% and <span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20230701__20240630_zOQqUq56GdEh" title="Available to sale percentage">99.84</span>% of platinum is in the form of good delivery platinum bars as of June 30, 2025 and 2024, respectively.
A current list of all platinum held by the Custodian is available on the sponsor&#8217;s website. The cost of platinum is determined
according to the average cost method and the fair value is based on the London Bullion Market Association (&#8220;LBMA&#8221;) Platinum
Price PM.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">LBMA
Platinum Price PM is the price per troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process
starting after 2:00 p.m. (London time), on each day that the London platinum market is open for business, and announced by the LME shortly
thereafter.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
per Share amount of platinum exchanged for a purchase or redemption is calculated daily by the Trustee, using the LBMA Platinum Price
PM to calculate the platinum amount in respect of any liabilities for which covering platinum sales have not yet been made, and represents
the per Share amount of platinum held by the Trust, after giving effect to its liabilities, to cover expenses and liabilities and any
losses that may have occurred.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC
820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are
as follows:</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
1: Unadjusted quoted prices in active markets for identical assets or liabilities that the Trust has the ability to access.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
2: Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly.
These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments and similar
data.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level
3: Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Trust&#8217;s
own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based
on the best information available.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B1_zZ5Np152J3Mk" style="display: none">Schedule of Trust Investments Fair Value</span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2025</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">85,235</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0324">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0326">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">85,235</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0330">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0332">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">43,136</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0336">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0338">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">43,136</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0342">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0344">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p id="xdx_8AB_zRXc6imaod0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">There
were <span id="xdx_906_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20240701__20250630_zr7WNC7vEkUj" title="Fair value measurements transfers"><span id="xdx_90D_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20230701__20240630_zOLh47h4HcXk" title="Fair value measurements transfers">no</span></span> transfers between Level 1 and other Levels for the years ended June 30, 2025 and 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ExpensesPolicyTextBlock', window );">Expenses, realized gains and losses</a></td>
<td class="text"><p id="xdx_84F_ecustom--ExpensesPolicyTextBlock_zs6oOOQ0RSad" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.2
<span id="xdx_86C_zH3nCVjuirM7">Expenses, realized gains and losses</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust&#8217;s only ordinary recurring fee is expected to be the fee paid to the Sponsor, which will accrue daily at an annualized rate
equal to <span id="xdx_904_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zLGjBtjkeV1g" title="Fee paid to sponsor, annualized rate">0.50</span>% of the adjusted daily net asset value of the Trust, paid monthly in arrears.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has agreed to assume administrative and marketing expenses incurred by the Trust, including the Trustee&#8217;s monthly fee and
out of pocket expenses, the Custodian&#8217;s fee and the reimbursement of the Custodian&#8217;s expenses, exchange listing fees, United
States Securities and Exchange Commission (the &#8220;SEC&#8221;) registration fees, printing and mailing costs, audit fees and certain
legal expenses.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
fees payable to the Sponsor were $<span id="xdx_904_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_z5Pjkm8T14E4" title="Fees payable to sponsor">29,422</span> as of June 30, 2025 and $<span id="xdx_90F_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_z8ldEO5uPN17" title="Fees payable to sponsor">17,280</span> as of June 30, 2024. The Sponsor&#8217;s Fee was $<span id="xdx_900_eus-gaap--SponsorFees_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zbjkp4UG5EFj" title="Sponsor fee">242,983</span> for
the year ended June 30, 2025, or <span id="xdx_90A_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zIuzZhcUeE8b" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s assets on an annualized basis, $<span id="xdx_90D_eus-gaap--SponsorFees_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zFWf7T3X9eCk" title="Sponsor fee">187,695</span> for the year ended June 30, 2024,
or <span id="xdx_90E_ecustom--FeePaidToSponsor_pid_dp_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zhmpLWB2rNO4" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s assets on an annualized basis, and $<span id="xdx_90C_eus-gaap--SponsorFees_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zVtCMs4FEga7" title="Sponsor fee">216,715</span> for the year ended June 30, 2023, or <span id="xdx_903_ecustom--FeePaidToSponsor_pid_dp_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zYXG6symikn9" title="Fee paid to sponsor, annualized rate">0.50</span>% of the Trust&#8217;s
assets on an annualized basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With
respect to expenses not otherwise assumed by the Sponsor, the Trustee will, at the direction of the Sponsor or in its own discretion,
sell the Trust&#8217;s platinum as necessary to pay these expenses. When selling platinum to pay expenses, the Trustee will endeavor
to sell the smallest amounts of platinum needed to pay these expenses in order to minimize the Trust&#8217;s holdings of assets other
than platinum. Other than the Sponsor&#8217;s Fee, the Trust had no expenses during the years ended June 30, 2025, 2024 and 2023.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unless
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
Price. The Trustee will place orders with dealers (which may include the Custodian) through which the Trustee expects to receive the
most favorable price and execution of orders. The Custodian may be the purchaser of such platinum only if the sale transaction is made
at the next LBMA PM Platinum Price or such other publicly available price that the Sponsor deems fair, in each case as set following
the sale order. A gain or loss is recognized based on the difference between the selling price and the cost of the platinum sold. Neither
the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any sale.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Realized
gains and losses result from the transfer of platinum for Share redemptions and / or to pay expenses and are recognized on a trade date
basis as the difference between the fair value and cost of platinum transferred. Gain or loss on sales of platinum bullion is calculated
on a trade date basis using the average cost method.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ReceivableAndPayablePolicyTextBlock', window );">Platinum. Receivable and Payable</a></td>
<td class="text"><p id="xdx_847_ecustom--ReceivableAndPayablePolicyTextBlock_zDeHFjdFuLS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.3.
<span id="xdx_864_zjJQoal0vt0b">Platinum. Receivable and Payable</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Platinum
receivable or payable represents the quantity of platinum covered by contractually binding orders for the creation or redemption of Shares
respectively, where the platinum has not yet been transferred to or from the Trust&#8217;s account. Generally, ownership of the platinum
is transferred within two business days of the trade date.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock', window );">Creations and Redemptions of Shares</a></td>
<td class="text"><p id="xdx_845_ecustom--CreationsAndRedemptionsOfSharesPolicyTextBlock_zPhUho6Qyat6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.4.
<span id="xdx_862_zaXo48Mjhrd5">Creations and Redemptions of Shares</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust issues and redeems in one or more blocks of <span id="xdx_90D_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zdjs2Ul8pgBi" title="Minimum block of shares issued redeemed">50,000</span> Shares (a block of <span id="xdx_904_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zJx0ZOhmRwj" title="Minimum block of shares issued redeemed">50,000</span> Shares is called a &#8220;Basket&#8221;) only to Authorized
Participants on an ongoing basis. The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust
or the distribution by the Trust of the amount of platinum represented by the Baskets being created or redeemed, the amount of which
will be based on the combined ounces represented by the number of shares included in the Baskets being created or redeemed determined
on the day the order to create or redeem Baskets is properly received.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>




<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Orders
to create and redeem Baskets may be placed only by Authorized Participants. An Authorized Participant must: (1) be a registered broker-dealer
or other securities market participant, such as a bank or other financial institution, which, but for an exclusion from registration,
would be required to register as a broker-dealer to engage in securities transactions, (2) be a participant in DTC, and (3) must have
an agreement with the Custodian establishing an unallocated account in London or have an existing unallocated account meeting the standards
described herein. To become an Authorized Participant, a person must enter into an Authorized Participant Agreement with the Sponsor
and the Trustee. The Authorized Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of the platinum required for such creations and redemptions. The Authorized Participant Agreement and the related procedures
attached thereto may be amended by the Trustee and the Sponsor, without the consent of any investor or Authorized Participant. A transaction
fee of $<span id="xdx_90C_ecustom--TransactionFeeForCreationsAndRedemptions_pp0p0_c20240701__20250630_zqGYu5R9N0Qf" title="Transaction fee for creations and redemptions">500</span> will be assessed on all creation and redemption transactions. Multiple Baskets may be created on the same day, provided each
Basket meets the requirements described below and that the Custodian is able to allocate platinum to the Trust Allocated Account such
that the Trust Unallocated Account holds no more than <span id="xdx_906_ecustom--MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_iI_uoz_c20250630_ze7055GXjPh1" title="Trust unallocated account">192</span> ounces of platinum at the close of a business day.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized
Participants who make deposits with the Trust in exchange for Baskets will receive no fees, commissions or other form of compensation
or inducement of any kind from either the Sponsor or the Trust, and no such person has any obligation or responsibility to the Sponsor
or the Trust to effect any sale or resale of shares.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
<td class="text"><p id="xdx_84A_eus-gaap--IncomeTaxPolicyTextBlock_zyVDVycwoHBd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.5.
<span><span id="xdx_86B_zwXRipLHo6Jd">Income Taxes</span></span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust is classified as a &#8220;grantor trust&#8221; for United States federal income tax purposes. As a result, the Trust itself will
not be subject to United States federal income tax. Instead, the Trust&#8217;s income and expenses will &#8220;flow through&#8221; to
the Shareholders, and the Trustee will report the Trust&#8217;s proceeds, income, gains, losses and deductions to the Internal Revenue
Service on that basis.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
that <span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20250630_zkg2cLBBiqG1" title="Uncertain tax positions taken in tax returns"><span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20240630_zLDYM7u3bkc4" title="Uncertain tax positions taken in tax returns">no</span></span> reserves for uncertain tax positions are required as of June 30, 2025 and June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust&#8217;s tax returns to determine whether
the tax positions are &#8220;more-likely-than-not&#8221; to be sustained by the applicable tax authority. Tax positions not deemed to
meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax
years are those years that are open for examination by the relevant income taxing authority. As of June 30, 2025, <span id="xdx_901_eus-gaap--IncomeTaxExaminationDescription_c20240701__20250630_zeJThZmfYUjj" title="Income tax examination, description">the 2025, 2024, 2023
and 2022 tax years remain open for examination.</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>&#160;</i></span></p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recently Issued Accounting Pronouncement</a></td>
<td class="text"><p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zniuipwsbYn2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">2.6
<span id="xdx_86A_znKUUtvKem61">Recently Issued Accounting Pronouncement</span></span></i></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures
(&#8220;ASU 2023-07&#8221;). The Trust operates in one segment. The segment derives its revenues from Trust investments made in accordance
with the defined investment strategy of the Trust, as prescribed in the Trust&#8217;s prospectus. The Chief Operating Decision Maker
(&#8220;CODM&#8221;) is the Sponsor. The CODM monitors the operating results of the Trust. The financial information the CODM leverages
to assess the segment&#8217;s performance and to make decisions for the Trust&#8217;s single segment, is consistent with that presented
within the Trust&#8217;s financial statements.</span></p>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Custody and Valuation of Platinum [Policy Text Block]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ExpensesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expenses [Policy Text Block]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ExpensesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ReceivableAndPayablePolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Receivable and Payable [Policy Text Block]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ReceivableAndPayablePolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 20<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-20<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 19<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-19<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 25<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482525/740-10-45-25<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-03(h)(1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 17<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-17<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 9<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 28<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482525/740-10-45-28<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482765/220-10-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Accounting and Significant Accounting Policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock', window );">Schedule of Trust Investments Fair Value</a></td>
<td class="text"><p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B1_zZ5Np152J3Mk" style="display: none">Schedule of Trust Investments Fair Value</span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2025</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">85,235</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0324">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0326">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">85,235</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0330">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0332">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following table summarizes the Trust&#8217;s investments at fair value:</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%">
  <tr style="vertical-align: bottom">
    <td colspan="13" style="font-weight: bold">(Amounts in 000&#8217;s of US$)</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-weight: bold">June 30, 2024</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 46%; text-align: left; padding-bottom: 1pt">Investment in Platinum</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum">43,136</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0336">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td><td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"><span style="-sec-ix-hidden: xdx2ixbrl0338">&#8211;</span></td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="font-weight: bold; padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total">43,136</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0342">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"><span style="-sec-ix-hidden: xdx2ixbrl0344">&#8211;</span></td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of investments in certain entities that calculate net asset value per share or equivalent measured at fair value on a recurring or nonrecurring basis.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 107<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482078/820-10-55-107<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 35<br> -Paragraph 54B<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482134/820-10-35-54B<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 8<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482106/820-10-50-8<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 6A<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment in Platinum (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2025</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsAbstract', window );"><strong>Schedule of Investments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_InvestmentsInBullionTableTextBlock', window );">Schedule of Investment in Platinum</a></td>
<td class="text"><p id="xdx_89F_ecustom--InvestmentsInBullionTableTextBlock_zxFkQVpe93Dk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2025.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; display: none; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span><span id="xdx_8B0_zgWvxhkwdP01" style="display: none">Schedule of Investment in Platinum</span></span></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2024</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20240701__20250630_zSYxkDO0aH0a" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)">42,625.054</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98C_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20240701__20250630_zqDOSbgWFaoh" style="width: 16%; text-align: right" title="Platinum opening balance">43,136</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_986_ecustom--ContributedOuncesOfBullion_pid_uoz_c20240701__20250630_zwgwqaFfUHP7" style="text-align: right" title="Platinum contributed (in Ounces)">30,391.246</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_982_ecustom--ContributedValueOfBullion_pn3n3_c20240701__20250630_zldrsZ2mzc82" style="text-align: right" title="Platinum contributed">32,318</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98D_ecustom--DistributedOuncesOfBullion_pid_uoz_c20240701__20250630_zCG8K4K990xl" style="text-align: right" title="Platinum distributed (in Ounces)">(9,878.943</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_981_ecustom--DistributedValueOfBullion_pn3n3_c20240701__20250630_zETThvndxFmd" style="text-align: right" title="Platinum distributed">(9,925</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_987_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20240701__20250630_zQsIuMf2xMk1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"><span style="-sec-ix-hidden: xdx2ixbrl0408">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_98C_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20240701__20250630_zQLG6NPrJtb2" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation">19,706</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2025</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_982_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20240701__20250630_ziGNUSM42o6c" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)">63,137.357</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20240701__20250630_zuiVR83Uic5e" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance">85,235</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes
in ounces of platinum and their respective values for the year ended June 30, 2024.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&#160;</b></span></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; font-style: italic">Amounts in 000&#8217;s of US$, except for ounces data</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Ounces</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 60%">Opening balance as of June 30, 2023</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98A_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20230701__20240630_z0ur0SDDmfZ2" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)">38,945.929</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 2%">&#160;</td>
    <td style="width: 1%; text-align: left">&#160;</td><td id="xdx_98D_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20230701__20240630_zKWaF3pZ4En1" style="width: 16%; text-align: right" title="Platinum opening balance">34,934</td><td style="width: 1%; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left">Platinum contributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_984_ecustom--ContributedOuncesOfBullion_pid_uoz_c20230701__20240630_zx7oe8j61Y78" style="text-align: right" title="Platinum contributed (in Ounces)">8,255.423</td><td style="text-align: left">&#160;</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_985_ecustom--ContributedValueOfBullion_pn3n3_c20230701__20240630_zeGmFosPRnzk" style="text-align: right" title="Platinum contributed">7,695</td><td style="text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="text-align: left">Platinum distributed</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98E_ecustom--DistributedOuncesOfBullion_pid_uoz_c20230701__20240630_zm5j5h75jrpd" style="text-align: right" title="Platinum distributed (in Ounces)">(4,576.298</td><td style="text-align: left">)</td><td>&#160;</td>
    <td style="text-align: left">&#160;</td><td id="xdx_98C_ecustom--DistributedValueOfBullion_pn3n3_c20230701__20240630_z89wlJ1eIEMf" style="text-align: right" title="Platinum distributed">(4,680</td><td style="text-align: left">)</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="text-align: left; padding-bottom: 1pt">Change in unrealized appreciation (depreciation)</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_986_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20230701__20240630_zZCHPpBlDcP9" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"><span style="-sec-ix-hidden: xdx2ixbrl0428">&#8211;</span></td><td style="padding-bottom: 1pt; text-align: left">&#160;</td><td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td id="xdx_985_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20230701__20240630_zif7V7b39Bj1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation">5,187</td><td style="padding-bottom: 1pt; text-align: left">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-bottom: 2.5pt">Ending balance as of June 30, 2024</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20230701__20240630_z2oWDfOvez4b" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)">42,625.054</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td><td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.5pt double; text-align: left">&#160;</td><td id="xdx_983_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20230701__20240630_zOnhAn96O1l9" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance">43,136</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
  </table>

<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_InvestmentsInBullionTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Schedule of Investment in Platinum [Table Text Block]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_InvestmentsInBullionTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Schedule of Trust Investments Fair Value (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2"><div>Jun. 30, 2025</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2024</div></th>
<th class="th"><div>Jun. 30, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="nump">$ 85,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 43,136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 34,934<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value, Inputs, Level 1 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="nump">85,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">43,136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value, Inputs, Level 1 [Member] | Platinum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="nump">85,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">43,136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value, Inputs, Level 2 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value, Inputs, Level 2 [Member] | Platinum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value, Inputs, Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value, Inputs, Level 3 [Member] | Platinum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_PlatformOperatorCryptoAssetLineItems', window );"><strong>Platform Operator, Crypto Asset [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Cost
    of investment in platinum: $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zPA5ssYwvBef" title="Cost of investment in platinum bullion">65,762</span> and $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_z1Z6m871GO8i" title="Cost of investment in platinum bullion">43,369</span>, respectively.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_PlatformOperatorCryptoAssetLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 405<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 5.FF.Q2)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147476188/405-10-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_PlatformOperatorCryptoAssetLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentInPhysicalCommodities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investments held in physical commodities, such as gold, silver, platinum, crude oil, coal, sugar, rice, wheat.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(12))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(3)(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentInPhysicalCommodities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialInstrumentAxis=PLTM_PlatinumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialInstrumentAxis=PLTM_PlatinumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Basis of Accounting and Significant Accounting Policies (Details Narrative)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2025 </div>
<div>USD ($) </div>
<div>oz </div>
<div>shares</div>
</th>
<th class="th">
<div>Jun. 30, 2024 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2023 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_PercentageOfAllocatedPlatinumAvailableToSale', window );">Available to sale percentage</a></td>
<td class="nump">99.81%<span></span>
</td>
<td class="nump">99.84%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet', window );">Fair value measurements transfers</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_SponsorFees', window );">Sponsor fee</a></td>
<td class="nump">$ 243,000<span></span>
</td>
<td class="nump">188,000<span></span>
</td>
<td class="nump">$ 217,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion', window );">Minimum block of shares issued redeemed | shares</a></td>
<td class="nump">50,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_TransactionFeeForCreationsAndRedemptions', window );">Transaction fee for creations and redemptions</a></td>
<td class="nump">$ 500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount', window );">Trust unallocated account | oz</a></td>
<td class="nump">192<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Uncertain tax positions taken in tax returns</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_IncomeTaxExaminationDescription', window );">Income tax examination, description</a></td>
<td class="text">the 2025, 2024, 2023
and 2022 tax years remain open for examination.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_TitleOfIndividualAxis=PLTM_SponsorMember', window );">Sponsor [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_FeePaidToSponsor', window );">Fee paid to sponsor, annualized rate</a></td>
<td class="nump">0.50%<span></span>
</td>
<td class="nump">0.50%<span></span>
</td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAmountsOfTransaction', window );">Fees payable to sponsor</a></td>
<td class="nump">$ 29,422<span></span>
</td>
<td class="nump">$ 17,280<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_SponsorFees', window );">Sponsor fee</a></td>
<td class="nump">$ 242,983<span></span>
</td>
<td class="nump">$ 187,695<span></span>
</td>
<td class="nump">$ 216,715<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_FeePaidToSponsor">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fee paid to sponsor.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_FeePaidToSponsor</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Maximum amount of gold to be held by trust unallocated account.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The minimum block of shares that can be created or redeemed against bullion deposits or distributions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_PercentageOfAllocatedPlatinumAvailableToSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Percentage of allocated platinum available to sale.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_PercentageOfAllocatedPlatinumAvailableToSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_TransactionFeeForCreationsAndRedemptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Transaction fee for creations and redemptions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_TransactionFeeForCreationsAndRedemptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of transfer of financial instrument classified as an asset into (out of) level 3 of the fair value hierarchy.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 820<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(3)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExaminationDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A brief description of status of the tax examination, significant findings to date, and the entity's position with respect to the findings.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 15<br> -Subparagraph (e)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExaminationDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAmountsOfTransaction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of transactions with related party during the financial reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAmountsOfTransaction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SponsorFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Topic 220<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SponsorFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of unrecognized tax benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 55<br> -Paragraph 217<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 15A<br> -Subparagraph (a)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 740<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 10B<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147482525/740-10-45-10B<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_TitleOfIndividualAxis=PLTM_SponsorMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_TitleOfIndividualAxis=PLTM_SponsorMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Schedule of Investment in Platinum (Details)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2">
<div>Jun. 30, 2025 </div>
<div>USD ($) </div>
<div>oz</div>
</th>
<th class="th">
<div>Jun. 30, 2024 </div>
<div>USD ($) </div>
<div>oz</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsAbstract', window );"><strong>Schedule of Investments [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedBalanceOtherMeasure', window );">Platinum opening balance (in Ounces) | oz</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,625.054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">38,945.929<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Platinum opening balance | $</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 43,136<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 34,934<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ContributedOuncesOfBullion', window );">Platinum contributed (in Ounces) | oz</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,391.246<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,255.423<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ContributedValueOfBullion', window );">Platinum contributed | $</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 32,318<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 7,695<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_DistributedOuncesOfBullion', window );">Platinum distributed (in Ounces) | oz</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,878.943)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,576.298)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_DistributedValueOfBullion', window );">Platinum distributed | $</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (9,925)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (4,680)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ChangeInUnrealizedAppreciationDepreciation', window );">Change in unrealized depreciation (in Ounces) | oz</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount', window );">Change in unrealized depreciation | $</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 19,706<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 5,187<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentOwnedBalanceOtherMeasure', window );">Platinum ending balance (in Ounces) | oz</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63,137.357<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">42,625.054<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_InvestmentInPhysicalCommodities', window );">Platinum ending balance | $</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 85,235<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 43,136<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Cost
    of investment in platinum: $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_905_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zPA5ssYwvBef" title="Cost of investment in platinum bullion">65,762</span> and $<span class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_" id="xdx_900_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_z1Z6m871GO8i" title="Cost of investment in platinum bullion">43,369</span>, respectively.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Change in unrealized appreciation and depreciation amount</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ChangeInUnrealizedAppreciationDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Change in unrealized appreciation amount.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ChangeInUnrealizedAppreciationDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ContributedOuncesOfBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Contributed ounces of bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ContributedOuncesOfBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_ContributedValueOfBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Contributed value of bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_ContributedValueOfBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_DistributedOuncesOfBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Distributed ounces of bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_DistributedOuncesOfBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_DistributedValueOfBullion">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Distributed value of bullion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_DistributedValueOfBullion</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentInPhysicalCommodities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Investments held in physical commodities, such as gold, silver, platinum, crude oil, coal, sugar, rice, wheat.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 210<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(12))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 210<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(3)(d))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentInPhysicalCommodities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedBalanceOtherMeasure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Quantity of the investment. Indicate the measure in the unit of measure. This is commonly used for investments other than securities. For example, if the investment is gold, the balance would be the number of ounces and the unit of measure would indicate "ounces".</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 320<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 5D<br> -Subparagraph (SX 210.12-13D(Column B))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-5D<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedBalanceOtherMeasure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.2</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related parties &#8211; Sponsor and Trustee (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Jun. 30, 2025 </div>
<div>USD ($)</div>
</th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember', window );">Related Party [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionLineItems', window );"><strong>Related Party Transaction [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_PLTM_FeePaidToSponsor', window );">Sponsor fee payable percentage</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_RangeAxis=srt_MaximumMember', window );">Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionLineItems', window );"><strong>Related Party Transaction [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_LegalFees', window );">Legal fees and expenses</a></td>
<td class="nump">$ 500,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_PLTM_FeePaidToSponsor">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fee paid to sponsor.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">PLTM_FeePaidToSponsor</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>PLTM_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LegalFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 3<br> -Subparagraph (k)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479105/946-220-45-3<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(b))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(6))<br> -SubTopic 10<br> -Topic 220<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LegalFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 850<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 50<br> -Paragraph 3<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147483326/850-10-50-3<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S50<br> -Paragraph 1<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(k)(2))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 235<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(k)(1))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 310<br> -SubTopic 10<br> -Name Accounting Standards Codification<br> -Section 45<br> -Paragraph 13<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147481990/310-10-45-13<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(c)(2)(i))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(c)(2)(ii))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Topic 946<br> -SubTopic 220<br> -Name Accounting Standards Codification<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-07(2)(g)(3))<br> -Publisher FASB<br> -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>29</ContextCount>
  <ElementCount>114</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>true</FootnotesReported>
  <SegmentCount>8</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>5</UnitCount>
  <MyReports>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>00000002 - Statement - Statements of Assets and Liabilities</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/StatementsOfAssetsAndLiabilities</Role>
      <ShortName>Statements of Assets and Liabilities</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical</Role>
      <ShortName>Statements of Assets and Liabilities (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>00000004 - Statement - Schedules of Investments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/SchedulesOfInvestments</Role>
      <ShortName>Schedules of Investments</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>00000005 - Statement - Statements of Operations</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/StatementsOfOperations</Role>
      <ShortName>Statements of Operations</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>00000006 - Statement - Statements of Changes in Net Assets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/StatementsOfChangesInNetAssets</Role>
      <ShortName>Statements of Changes in Net Assets</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical</Role>
      <ShortName>Statements of Changes in Net Assets (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>00000008 - Statement - Financial Highlights</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/FinancialHighlights</Role>
      <ShortName>Financial Highlights</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>995410 - Disclosure - Pay vs Performance Disclosure</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://xbrl.sec.gov/ecd/role/PvpDisclosure</Role>
      <ShortName>Pay vs Performance Disclosure</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>999014 - Disclosure - Organization</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/Organization</Role>
      <ShortName>Organization</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>999015 - Disclosure - Basis of Accounting and Significant Accounting Policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies</Role>
      <ShortName>Basis of Accounting and Significant Accounting Policies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>999016 - Disclosure - Investment in Platinum</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/InvestmentInPlatinum</Role>
      <ShortName>Investment in Platinum</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>999017 - Disclosure - Related parties ??? Sponsor and Trustee</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee</Role>
      <ShortName>Related parties ??? Sponsor and Trustee</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>999018 - Disclosure - Concentration of risk</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/ConcentrationOfRisk</Role>
      <ShortName>Concentration of risk</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>999019 - Disclosure - Indemnification</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/Indemnification</Role>
      <ShortName>Indemnification</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>999020 - Disclosure - Subsequent events</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/SubsequentEvents</Role>
      <ShortName>Subsequent events</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>16</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies</Role>
      <ShortName>Basis of Accounting and Significant Accounting Policies (Policies)</ShortName>
      <MenuCategory>Policies</MenuCategory>
      <ParentRole>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies</ParentRole>
      <Position>17</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables</Role>
      <ShortName>Basis of Accounting and Significant Accounting Policies (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies</ParentRole>
      <Position>18</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>999023 - Disclosure - Investment in Platinum (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/InvestmentInPlatinumTables</Role>
      <ShortName>Investment in Platinum (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://graniteshares.com/role/InvestmentInPlatinum</ParentRole>
      <Position>19</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails</Role>
      <ShortName>Schedule of Trust Investments Fair Value (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>20</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative</Role>
      <ShortName>Basis of Accounting and Significant Accounting Policies (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables</ParentRole>
      <Position>21</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>999026 - Disclosure - Schedule of Investment in Platinum (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails</Role>
      <ShortName>Schedule of Investment in Platinum (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>22</Position>
    </Report>
    <Report instance="form10-k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>999027 - Disclosure - Related parties ??? Sponsor and Trustee (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative</Role>
      <ShortName>Related parties ??? Sponsor and Trustee (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee</ParentRole>
      <Position>23</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="10-K" isDefinitelyFs="true" isUsgaap="true" original="form10-k.htm">form10-k.htm</File>
    <File>pltm-20250630.xsd</File>
    <File>pltm-20250630_cal.xml</File>
    <File>pltm-20250630_def.xml</File>
    <File>pltm-20250630_lab.xml</File>
    <File>pltm-20250630_pre.xml</File>
  </InputFiles>
  <SupplementalFiles>
    <File>audit_001.jpg</File>
    <File>form10-k_001.jpg</File>
    <File>form10-k_002.jpg</File>
  </SupplementalFiles>
  <BaseTaxonomies>
    <BaseTaxonomy items="172">http://fasb.org/us-gaap/2025</BaseTaxonomy>
    <BaseTaxonomy items="37">http://xbrl.sec.gov/dei/2025</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>43
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "form10-k.htm": {
   "nsprefix": "PLTM",
   "nsuri": "http://graniteshares.com/20250630",
   "dts": {
    "inline": {
     "local": [
      "form10-k.htm"
     ]
    },
    "schema": {
     "local": [
      "pltm-20250630.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://www.xbrl.org/dtr/type/2024-01-31/types.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-roles-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd",
      "https://xbrl.sec.gov/country/2025/country-2025.xsd",
      "https://xbrl.sec.gov/dei/2025/dei-2025.xsd",
      "https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd",
      "https://xbrl.sec.gov/stpr/2025/stpr-2025.xsd"
     ]
    },
    "calculationLink": {
     "local": [
      "pltm-20250630_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "pltm-20250630_def.xml"
     ]
    },
    "labelLink": {
     "local": [
      "pltm-20250630_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "pltm-20250630_pre.xml"
     ]
    }
   },
   "keyStandard": 91,
   "keyCustom": 23,
   "axisStandard": 6,
   "axisCustom": 0,
   "memberStandard": 5,
   "memberCustom": 2,
   "hidden": {
    "total": 17,
    "http://fasb.org/us-gaap/2025": 11,
    "http://xbrl.sec.gov/dei/2025": 4,
    "http://graniteshares.com/20250630": 2
   },
   "contextCount": 29,
   "entityCount": 1,
   "segmentCount": 8,
   "elementCount": 272,
   "unitCount": 5,
   "baseTaxonomies": {
    "http://fasb.org/us-gaap/2025": 172,
    "http://xbrl.sec.gov/dei/2025": 37
   },
   "report": {
    "R1": {
     "role": "http://graniteshares.com/role/Cover",
     "longName": "00000001 - Document - Cover",
     "shortName": "Cover",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R2": {
     "role": "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities",
     "longName": "00000002 - Statement - Statements of Assets and Liabilities",
     "shortName": "Statements of Assets and Liabilities",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "",
     "menuCat": "Statements",
     "order": "2",
     "firstAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:InvestmentInPhysicalCommodities",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:OtherReceivables",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R3": {
     "role": "http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical",
     "longName": "00000003 - Statement - Statements of Assets and Liabilities (Parenthetical)",
     "shortName": "Statements of Assets and Liabilities (Parenthetical)",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "parenthetical",
     "menuCat": "Statements",
     "order": "3",
     "firstAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:InvestmentOwnedAtCost",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "span",
       "link:footnote",
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:CommonStockNoParValue",
      "unitRef": "USDPShares",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "span",
       "link:footnote",
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R4": {
     "role": "http://graniteshares.com/role/SchedulesOfInvestments",
     "longName": "00000004 - Statement - Schedules of Investments",
     "shortName": "Schedules of Investments",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "",
     "menuCat": "Statements",
     "order": "4",
     "firstAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:InvestmentOwnedBalanceOtherMeasure",
      "unitRef": "oz",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "td",
       "tr",
       "table",
       "PLTM:InvestmentsInBullionTableTextBlock",
       "us-gaap:InvestmentHoldingsTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:InvestmentOwnedAtFairValue",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R5": {
     "role": "http://graniteshares.com/role/StatementsOfOperations",
     "longName": "00000005 - Statement - Statements of Operations",
     "shortName": "Statements of Operations",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "",
     "menuCat": "Statements",
     "order": "5",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:SponsorFees",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:OperatingExpenses",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R6": {
     "role": "http://graniteshares.com/role/StatementsOfChangesInNetAssets",
     "longName": "00000006 - Statement - Statements of Changes in Net Assets",
     "shortName": "Statements of Changes in Net Assets",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "",
     "menuCat": "Statements",
     "order": "6",
     "firstAnchor": {
      "contextRef": "AsOf2024-06-30",
      "name": "us-gaap:AssetsNet",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2022-06-30",
      "name": "us-gaap:AssetsNet",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R7": {
     "role": "http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical",
     "longName": "00000007 - Statement - Statements of Changes in Net Assets (Parenthetical)",
     "shortName": "Statements of Changes in Net Assets (Parenthetical)",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "parenthetical",
     "menuCat": "Statements",
     "order": "7",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:StockIssuedDuringPeriodSharesNewIssues",
      "unitRef": "Shares",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:StockIssuedDuringPeriodSharesNewIssues",
      "unitRef": "Shares",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R8": {
     "role": "http://graniteshares.com/role/FinancialHighlights",
     "longName": "00000008 - Statement - Financial Highlights",
     "shortName": "Financial Highlights",
     "isDefault": "false",
     "groupType": "statement",
     "subGroupType": "",
     "menuCat": "Statements",
     "order": "8",
     "firstAnchor": {
      "contextRef": "AsOf2024-06-30",
      "name": "us-gaap:NetAssetValuePerShare",
      "unitRef": "USDPShares",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2022-06-30",
      "name": "us-gaap:NetAssetValuePerShare",
      "unitRef": "USDPShares",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R9": {
     "role": "http://xbrl.sec.gov/ecd/role/PvpDisclosure",
     "longName": "995410 - Disclosure - Pay vs Performance Disclosure",
     "shortName": "Pay vs Performance Disclosure",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "9",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:NetIncomeLoss",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": null
    },
    "R10": {
     "role": "http://graniteshares.com/role/Organization",
     "longName": "999014 - Disclosure - Organization",
     "shortName": "Organization",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "10",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R11": {
     "role": "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies",
     "longName": "999015 - Disclosure - Basis of Accounting and Significant Accounting Policies",
     "shortName": "Basis of Accounting and Significant Accounting Policies",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "11",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R12": {
     "role": "http://graniteshares.com/role/InvestmentInPlatinum",
     "longName": "999016 - Disclosure - Investment in Platinum",
     "shortName": "Investment in Platinum",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "12",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:InvestmentHoldingsTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:InvestmentHoldingsTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R13": {
     "role": "http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee",
     "longName": "999017 - Disclosure - Related parties \u2013 Sponsor and Trustee",
     "shortName": "Related parties \u2013 Sponsor and Trustee",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "13",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R14": {
     "role": "http://graniteshares.com/role/ConcentrationOfRisk",
     "longName": "999018 - Disclosure - Concentration of risk",
     "shortName": "Concentration of risk",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "14",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:ConcentrationRiskDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:ConcentrationRiskDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R15": {
     "role": "http://graniteshares.com/role/Indemnification",
     "longName": "999019 - Disclosure - Indemnification",
     "shortName": "Indemnification",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "15",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R16": {
     "role": "http://graniteshares.com/role/SubsequentEvents",
     "longName": "999020 - Disclosure - Subsequent events",
     "shortName": "Subsequent events",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "",
     "menuCat": "Notes",
     "order": "16",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:SubsequentEventsTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:SubsequentEventsTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R17": {
     "role": "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies",
     "longName": "999021 - Disclosure - Basis of Accounting and Significant Accounting Policies (Policies)",
     "shortName": "Basis of Accounting and Significant Accounting Policies (Policies)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "policies",
     "menuCat": "Policies",
     "order": "17",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R18": {
     "role": "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables",
     "longName": "999022 - Disclosure - Basis of Accounting and Significant Accounting Policies (Tables)",
     "shortName": "Basis of Accounting and Significant Accounting Policies (Tables)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "tables",
     "menuCat": "Tables",
     "order": "18",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R19": {
     "role": "http://graniteshares.com/role/InvestmentInPlatinumTables",
     "longName": "999023 - Disclosure - Investment in Platinum (Tables)",
     "shortName": "Investment in Platinum (Tables)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "tables",
     "menuCat": "Tables",
     "order": "19",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:InvestmentsInBullionTableTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "us-gaap:InvestmentHoldingsTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:InvestmentsInBullionTableTextBlock",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "us-gaap:InvestmentHoldingsTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R20": {
     "role": "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails",
     "longName": "999024 - Disclosure - Schedule of Trust Investments Fair Value (Details)",
     "shortName": "Schedule of Trust Investments Fair Value (Details)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "details",
     "menuCat": "Details",
     "order": "20",
     "firstAnchor": {
      "contextRef": "AsOf2025-06-30",
      "name": "us-gaap:InvestmentInPhysicalCommodities",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member",
      "name": "us-gaap:InvestmentInPhysicalCommodities",
      "unitRef": "USD",
      "xsiNil": "false",
      "lang": null,
      "decimals": "-3",
      "ancestors": [
       "td",
       "tr",
       "table",
       "us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock",
       "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R21": {
     "role": "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative",
     "longName": "999025 - Disclosure - Basis of Accounting and Significant Accounting Policies (Details Narrative)",
     "shortName": "Basis of Accounting and Significant Accounting Policies (Details Narrative)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "details",
     "menuCat": "Details",
     "order": "21",
     "firstAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:PercentageOfAllocatedPlatinumAvailableToSale",
      "unitRef": "Pure",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "span",
       "p",
       "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-01to2025-06-30",
      "name": "PLTM:PercentageOfAllocatedPlatinumAvailableToSale",
      "unitRef": "Pure",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "span",
       "p",
       "PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock",
       "us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    },
    "R22": {
     "role": "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails",
     "longName": "999026 - Disclosure - Schedule of Investment in Platinum (Details)",
     "shortName": "Schedule of Investment in Platinum (Details)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "details",
     "menuCat": "Details",
     "order": "22",
     "firstAnchor": {
      "contextRef": "AsOf2024-06-30",
      "name": "us-gaap:InvestmentOwnedBalanceOtherMeasure",
      "unitRef": "oz",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "td",
       "tr",
       "table",
       "PLTM:InvestmentsInBullionTableTextBlock",
       "us-gaap:InvestmentHoldingsTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2023-06-30",
      "name": "us-gaap:InvestmentOwnedBalanceOtherMeasure",
      "unitRef": "oz",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "td",
       "tr",
       "table",
       "PLTM:InvestmentsInBullionTableTextBlock",
       "us-gaap:InvestmentHoldingsTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "unique": true
     }
    },
    "R23": {
     "role": "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative",
     "longName": "999027 - Disclosure - Related parties \u2013 Sponsor and Trustee (Details Narrative)",
     "shortName": "Related parties \u2013 Sponsor and Trustee (Details Narrative)",
     "isDefault": "false",
     "groupType": "disclosure",
     "subGroupType": "details",
     "menuCat": "Details",
     "order": "23",
     "firstAnchor": {
      "contextRef": "From2024-07-012025-06-30_us-gaap_RelatedPartyMember",
      "name": "PLTM:FeePaidToSponsor",
      "unitRef": "Pure",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "span",
       "p",
       "us-gaap:RelatedPartyTransactionsDisclosureTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "From2024-07-012025-06-30_us-gaap_RelatedPartyMember",
      "name": "PLTM:FeePaidToSponsor",
      "unitRef": "Pure",
      "xsiNil": "false",
      "lang": null,
      "decimals": "INF",
      "ancestors": [
       "span",
       "span",
       "p",
       "us-gaap:RelatedPartyTransactionsDisclosureTextBlock",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "form10-k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "us-gaap_AccountingPoliciesAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "AccountingPoliciesAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Accounting Policies [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_AccountsPayableCurrentAndNoncurrent": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "AccountsPayableCurrentAndNoncurrent",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_Liabilities",
       "weight": 1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fees payable to Sponsor",
        "documentation": "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."
       }
      }
     },
     "auth_ref": [
      "r26",
      "r600"
     ]
    },
    "ecd_Additional402vDisclosureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "Additional402vDisclosureTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Additional 402(v) Disclosure"
       }
      }
     },
     "auth_ref": [
      "r512"
     ]
    },
    "ecd_AdjToCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AdjToCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adjustment to Compensation, Amount"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "ecd_AdjToCompAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AdjToCompAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adjustment to Compensation [Axis]"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "ecd_AdjToNonPeoNeoCompFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AdjToNonPeoNeoCompFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adjustment to Non-PEO NEO Compensation Footnote"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "ecd_AdjToPeoCompFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AdjToPeoCompFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adjustment To PEO Compensation, Footnote"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "PLTM_AggregateGainLossOnBullion": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "AggregateGainLossOnBullion",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_NetIncomeLoss",
       "weight": 1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Net realized and unrealized gain (loss)",
        "documentation": "Aggregate gain loss on bullion.",
        "label": "AggregateGainLossOnBullion"
       }
      }
     },
     "auth_ref": []
    },
    "ecd_AggtErrCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AggtErrCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Aggregate Erroneous Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r483",
      "r494",
      "r504",
      "r530"
     ]
    },
    "ecd_AggtErrCompNotYetDeterminedTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AggtErrCompNotYetDeterminedTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Aggregate Erroneous Compensation Not Yet Determined"
       }
      }
     },
     "auth_ref": [
      "r486",
      "r497",
      "r507",
      "r533"
     ]
    },
    "ecd_AllAdjToCompMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AllAdjToCompMember",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "auth_ref": [
      "r518"
     ]
    },
    "ecd_AllExecutiveCategoriesMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AllExecutiveCategoriesMember",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "auth_ref": [
      "r525"
     ]
    },
    "ecd_AllIndividualsMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AllIndividualsMember",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure",
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure",
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements",
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r525",
      "r534",
      "r538",
      "r546"
     ]
    },
    "ecd_AllTradingArrangementsMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AllTradingArrangementsMember",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "auth_ref": [
      "r544"
     ]
    },
    "dei_AmendmentDescription": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AmendmentDescription",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Description",
        "documentation": "Description of changes contained within amended document."
       }
      }
     },
     "auth_ref": []
    },
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_AnnualInformationForm": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AnnualInformationForm",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Annual Information Form",
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form."
       }
      }
     },
     "auth_ref": [
      "r490"
     ]
    },
    "us-gaap_Assets": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "Assets",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_AssetsNet",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Total Assets",
        "label": "Assets [Default Label]",
        "documentation": "Amount of asset recognized for present right to economic benefit."
       }
      }
     },
     "auth_ref": [
      "r25",
      "r28",
      "r36",
      "r43",
      "r44",
      "r45",
      "r71",
      "r76",
      "r77",
      "r78",
      "r110",
      "r126",
      "r127",
      "r128",
      "r129",
      "r130",
      "r131",
      "r132",
      "r133",
      "r134",
      "r217",
      "r219",
      "r243",
      "r290",
      "r291",
      "r293",
      "r353",
      "r427",
      "r428",
      "r433",
      "r455",
      "r458",
      "r459",
      "r464",
      "r576",
      "r577",
      "r592"
     ]
    },
    "us-gaap_AssetsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "AssetsAbstract",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Assets"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_AssetsNet": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "AssetsNet",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": null,
       "weight": null,
       "order": null,
       "root": true
      }
     },
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights",
      "http://graniteshares.com/role/SchedulesOfInvestments",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities",
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Net Assets",
        "label": "Net assets",
        "periodStartLabel": "Net Assets \u2013 beginning of year",
        "periodEndLabel": "Net Assets \u2013 end of year",
        "documentation": "Amount of net assets (liabilities)."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_AuditedAnnualFinancialStatements": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AuditedAnnualFinancialStatements",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Audited Annual Financial Statements",
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements."
       }
      }
     },
     "auth_ref": [
      "r490"
     ]
    },
    "dei_AuditorFirmId": {
     "xbrltype": "nonemptySequenceNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AuditorFirmId",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Auditor Firm ID",
        "documentation": "PCAOB issued Audit Firm Identifier"
       }
      }
     },
     "auth_ref": [
      "r476",
      "r478",
      "r490"
     ]
    },
    "dei_AuditorLocation": {
     "xbrltype": "internationalNameItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AuditorLocation",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Auditor Location"
       }
      }
     },
     "auth_ref": [
      "r476",
      "r478",
      "r490"
     ]
    },
    "dei_AuditorName": {
     "xbrltype": "internationalNameItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AuditorName",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Auditor Name"
       }
      }
     },
     "auth_ref": [
      "r476",
      "r478",
      "r490"
     ]
    },
    "ecd_AwardExrcPrice": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardExrcPrice",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Exercise Price"
       }
      }
     },
     "auth_ref": [
      "r541"
     ]
    },
    "ecd_AwardGrantDateFairValue": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardGrantDateFairValue",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value as of Grant Date"
       }
      }
     },
     "auth_ref": [
      "r542"
     ]
    },
    "ecd_AwardTmgDiscLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgDiscLineItems",
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_AwardTmgHowMnpiCnsdrdTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgHowMnpiCnsdrdTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Timing, How MNPI Considered"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_AwardTmgMethodTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgMethodTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Timing Method"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_AwardTmgMnpiCnsdrdFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgMnpiCnsdrdFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Timing MNPI Considered"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_AwardTmgMnpiDiscTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgMnpiDiscTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Timing MNPI Disclosure"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_AwardTmgPredtrmndFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardTmgPredtrmndFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Timing Predetermined"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "us-gaap_AwardTypeAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "AwardTypeAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Award Type [Axis]",
        "documentation": "Information by type of award under share-based payment arrangement."
       }
      }
     },
     "auth_ref": [
      "r178",
      "r179",
      "r180",
      "r181",
      "r182",
      "r183",
      "r184",
      "r185",
      "r186",
      "r187",
      "r188",
      "r189",
      "r190",
      "r191",
      "r192",
      "r193",
      "r194",
      "r195",
      "r196",
      "r197",
      "r198",
      "r199",
      "r200",
      "r201",
      "r202",
      "r203"
     ]
    },
    "ecd_AwardUndrlygSecuritiesAmt": {
     "xbrltype": "decimalItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardUndrlygSecuritiesAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Underlying Securities"
       }
      }
     },
     "auth_ref": [
      "r540"
     ]
    },
    "ecd_AwardsCloseToMnpiDiscIndName": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardsCloseToMnpiDiscIndName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Name",
        "label": "Awards Close in Time to MNPI Disclosures, Individual Name"
       }
      }
     },
     "auth_ref": [
      "r539"
     ]
    },
    "ecd_AwardsCloseToMnpiDiscTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardsCloseToMnpiDiscTable",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Awards Close in Time to MNPI Disclosures [Table]"
       }
      }
     },
     "auth_ref": [
      "r538"
     ]
    },
    "ecd_AwardsCloseToMnpiDiscTableTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "AwardsCloseToMnpiDiscTableTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Awards Close in Time to MNPI Disclosures, Table"
       }
      }
     },
     "auth_ref": [
      "r538"
     ]
    },
    "us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "BasisOfPresentationAndSignificantAccountingPoliciesTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Basis of Accounting and Significant Accounting Policies",
        "documentation": "The entire disclosure for the basis of presentation and significant accounting policies concepts. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). Accounting policies describe all significant accounting policies of the reporting entity."
       }
      }
     },
     "auth_ref": [
      "r566"
     ]
    },
    "PLTM_ChangeInUnrealizedAppreciationAndDepreciationAmount": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ChangeInUnrealizedAppreciationAndDepreciationAmount",
     "crdr": "credit",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Change in unrealized depreciation",
        "documentation": "Change in unrealized appreciation and depreciation amount"
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_ChangeInUnrealizedAppreciationDepreciation": {
     "xbrltype": "massItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ChangeInUnrealizedAppreciationDepreciation",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Change in unrealized depreciation (in Ounces)",
        "documentation": "Change in unrealized appreciation amount."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion",
     "crdr": "credit",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net change in unrealized gain (loss) on investment in platinum bullion",
        "documentation": "Change in unrealized appreciation depreciation on investment in bullion"
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_ChangeInUnrealizedGainLossOnInvestmentInBullion": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ChangeInUnrealizedGainLossOnInvestmentInBullion",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "PLTM_AggregateGainLossOnBullion",
       "weight": 1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net change in unrealized appreciation (depreciation)",
        "documentation": "Change in unrealized gain (loss) on investment in Bullion."
       }
      }
     },
     "auth_ref": []
    },
    "ecd_ChangedPeerGroupFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ChangedPeerGroupFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Changed Peer Group, Footnote"
       }
      }
     },
     "auth_ref": [
      "r516"
     ]
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CityAreaCode",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "ecd_CoSelectedMeasureAmt": {
     "xbrltype": "decimalItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CoSelectedMeasureAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Company Selected Measure Amount"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "ecd_CoSelectedMeasureName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CoSelectedMeasureName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Company Selected Measure Name"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommitmentsAndContingenciesDisclosureAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Commitments and Contingencies Disclosure [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommitmentsAndContingenciesDisclosureTextBlock",
     "presentation": [
      "http://graniteshares.com/role/Indemnification"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Indemnification",
        "documentation": "The entire disclosure for commitments and contingencies."
       }
      }
     },
     "auth_ref": [
      "r22",
      "r120",
      "r121",
      "r417",
      "r573",
      "r575"
     ]
    },
    "us-gaap_CommonStockNoParValue": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommonStockNoParValue",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common stock, par value",
        "documentation": "Face amount per share of no-par value common stock."
       }
      }
     },
     "auth_ref": [
      "r16"
     ]
    },
    "us-gaap_CommonStockSharesAuthorizedUnlimited": {
     "xbrltype": "authorizedUnlimitedItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommonStockSharesAuthorizedUnlimited",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common stock, shares authorized",
        "documentation": "Indicates whether number of common shares permitted to be issued is unlimited. Acceptable value is \"Unlimited\"."
       }
      }
     },
     "auth_ref": [
      "r16"
     ]
    },
    "us-gaap_CommonStockSharesIssued": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommonStockSharesIssued",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Shares issued",
        "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury."
       }
      }
     },
     "auth_ref": [
      "r16"
     ]
    },
    "us-gaap_CommonStockSharesOutstanding": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommonStockSharesOutstanding",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Shares outstanding",
        "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation."
       }
      }
     },
     "auth_ref": [
      "r2",
      "r16",
      "r341",
      "r359",
      "r611",
      "r612"
     ]
    },
    "ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CompActuallyPaidVsCoSelectedMeasureTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Compensation Actually Paid vs. Company Selected Measure"
       }
      }
     },
     "auth_ref": [
      "r522"
     ]
    },
    "ecd_CompActuallyPaidVsNetIncomeTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CompActuallyPaidVsNetIncomeTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Compensation Actually Paid vs. Net Income"
       }
      }
     },
     "auth_ref": [
      "r521"
     ]
    },
    "ecd_CompActuallyPaidVsOtherMeasureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CompActuallyPaidVsOtherMeasureTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Compensation Actually Paid vs. Other Measure"
       }
      }
     },
     "auth_ref": [
      "r523"
     ]
    },
    "ecd_CompActuallyPaidVsTotalShareholderRtnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "CompActuallyPaidVsTotalShareholderRtnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Compensation Actually Paid vs. Total Shareholder Return"
       }
      }
     },
     "auth_ref": [
      "r520"
     ]
    },
    "us-gaap_ConcentrationRiskDisclosureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ConcentrationRiskDisclosureTextBlock",
     "presentation": [
      "http://graniteshares.com/role/ConcentrationOfRisk"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Concentration of risk",
        "documentation": "The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date."
       }
      }
     },
     "auth_ref": [
      "r73",
      "r74",
      "r237",
      "r238",
      "r239",
      "r240",
      "r241",
      "r425",
      "r567"
     ]
    },
    "PLTM_ContributedOuncesOfBullion": {
     "xbrltype": "massItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ContributedOuncesOfBullion",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum contributed (in Ounces)",
        "documentation": "Contributed ounces of bullion."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_ContributedValueOfBullion": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ContributedValueOfBullion",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum contributed",
        "documentation": "Contributed value of bullion."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CountryRegion": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CountryRegion",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Country Region",
        "documentation": "Region code of country"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_CreationsAndRedemptionsOfSharesPolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "CreationsAndRedemptionsOfSharesPolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Creations and Redemptions of Shares"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CurrentFiscalYearEndDate": {
     "xbrltype": "gMonthDayItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CurrentFiscalYearEndDate",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Current Fiscal Year End Date",
        "documentation": "End date of current fiscal year in the format --MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_CustodyAndValuationOfPlatinumPolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "CustodyAndValuationOfPlatinumPolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Custody and Fair Valuation of Platinum",
        "documentation": "Custody and Valuation of Platinum [Policy Text Block]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_DefinedBenefitPlanDisclosureLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "DefinedBenefitPlanDisclosureLineItems",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Defined Benefit Plan Disclosure [Line Items]",
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table."
       }
      }
     },
     "auth_ref": [
      "r154",
      "r155",
      "r156",
      "r157",
      "r159",
      "r161",
      "r162",
      "r163",
      "r164",
      "r165",
      "r166",
      "r167",
      "r168",
      "r169",
      "r170",
      "r171",
      "r172",
      "r173",
      "r174",
      "r175"
     ]
    },
    "PLTM_DistributedOuncesOfBullion": {
     "xbrltype": "massItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "DistributedOuncesOfBullion",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum distributed (in Ounces)",
        "documentation": "Distributed ounces of bullion."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_DistributedValueOfBullion": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "DistributedValueOfBullion",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum distributed",
        "documentation": "Distributed value of bullion."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentAccountingStandard": {
     "xbrltype": "accountingStandardItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentAccountingStandard",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Accounting Standard",
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'."
       }
      }
     },
     "auth_ref": [
      "r478"
     ]
    },
    "dei_DocumentAnnualReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentAnnualReport",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Annual Report",
        "documentation": "Boolean flag that is true only for a form used as an annual report."
       }
      }
     },
     "auth_ref": [
      "r476",
      "r478",
      "r490"
     ]
    },
    "dei_DocumentFinStmtErrorCorrectionFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentFinStmtErrorCorrectionFlag",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Financial Statement Error Correction [Flag]",
        "documentation": "Indicates whether any of the financial statement period in the filing include a restatement due to error correction."
       }
      }
     },
     "auth_ref": [
      "r476",
      "r478",
      "r490",
      "r526"
     ]
    },
    "dei_DocumentFiscalPeriodFocus": {
     "xbrltype": "fiscalPeriodItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentFiscalPeriodFocus",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Period Focus",
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentFiscalYearFocus": {
     "xbrltype": "gYearItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentFiscalYearFocus",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Fiscal Year Focus",
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodStartDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentPeriodStartDate",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period Start Date",
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentQuarterlyReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentQuarterlyReport",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Quarterly Report",
        "documentation": "Boolean flag that is true only for a form used as an quarterly report."
       }
      }
     },
     "auth_ref": [
      "r477"
     ]
    },
    "dei_DocumentRegistrationStatement": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentRegistrationStatement",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Registration Statement",
        "documentation": "Boolean flag that is true only for a form used as a registration statement."
       }
      }
     },
     "auth_ref": [
      "r465"
     ]
    },
    "dei_DocumentShellCompanyEventDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentShellCompanyEventDate",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Shell Company Event Date",
        "documentation": "Date of event requiring a shell company report."
       }
      }
     },
     "auth_ref": [
      "r478"
     ]
    },
    "dei_DocumentShellCompanyReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentShellCompanyReport",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Shell Company Report",
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r478"
     ]
    },
    "dei_DocumentTransitionReport": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentTransitionReport",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Transition Report",
        "documentation": "Boolean flag that is true only for a form used as a transition report."
       }
      }
     },
     "auth_ref": [
      "r511"
     ]
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentType",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Documents Incorporated by Reference [Text Block]",
        "documentation": "Documents incorporated by reference."
       }
      }
     },
     "auth_ref": [
      "r468"
     ]
    },
    "us-gaap_EarningsPerShareBasic": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "EarningsPerShareBasic",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net increase (decrease) in net assets per share, basic",
        "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period."
       }
      }
     },
     "auth_ref": [
      "r29",
      "r42",
      "r52",
      "r53",
      "r54",
      "r55",
      "r56",
      "r57",
      "r58",
      "r59",
      "r63",
      "r65",
      "r67",
      "r68",
      "r69",
      "r70",
      "r137",
      "r205",
      "r215",
      "r216",
      "r223",
      "r224",
      "r289",
      "r298",
      "r424"
     ]
    },
    "us-gaap_EarningsPerShareDiluted": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "EarningsPerShareDiluted",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net increase (decrease) in net assets per share, diluted",
        "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period."
       }
      }
     },
     "auth_ref": [
      "r29",
      "r42",
      "r52",
      "r53",
      "r54",
      "r55",
      "r56",
      "r57",
      "r58",
      "r59",
      "r65",
      "r67",
      "r68",
      "r69",
      "r70",
      "r137",
      "r205",
      "r215",
      "r216",
      "r223",
      "r224",
      "r289",
      "r298",
      "r424"
     ]
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine2": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine2",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Two",
        "documentation": "Address Line 2 such as Street or Suite number"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine3": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine3",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Three",
        "documentation": "Address Line 3 such as an Office Park"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCountry": {
     "xbrltype": "countryCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressCountry",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Country",
        "documentation": "ISO 3166-1 alpha-2 country code."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Bankruptcy Proceedings, Reporting Current",
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element."
       }
      }
     },
     "auth_ref": [
      "r471"
     ]
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCommonStockSharesOutstanding",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Common Stock, Shares Outstanding",
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCurrentReportingStatus": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCurrentReportingStatus",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Current Reporting Status",
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityExTransitionPeriod": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityExTransitionPeriod",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Elected Not To Use the Extended Transition Period",
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards."
       }
      }
     },
     "auth_ref": [
      "r553"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityFilerCategory": {
     "xbrltype": "filerCategoryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityFilerCategory",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Filer Category",
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityInteractiveDataCurrent": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityInteractiveDataCurrent",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Interactive Data Current",
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files)."
       }
      }
     },
     "auth_ref": [
      "r550"
     ]
    },
    "dei_EntityPrimarySicNumber": {
     "xbrltype": "sicNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityPrimarySicNumber",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Primary SIC Number",
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity."
       }
      }
     },
     "auth_ref": [
      "r490"
     ]
    },
    "dei_EntityPublicFloat": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityPublicFloat",
     "crdr": "credit",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Public Float",
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityShellCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityShellCompany",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Shell Company",
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntitySmallBusiness": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntitySmallBusiness",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Small Business",
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC)."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r467"
     ]
    },
    "dei_EntityVoluntaryFilers": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityVoluntaryFilers",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Voluntary Filers",
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "xbrltype": "yesNoItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityWellKnownSeasonedIssuer",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Well-known Seasoned Issuer",
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A."
       }
      }
     },
     "auth_ref": [
      "r551"
     ]
    },
    "ecd_EquityValuationAssumptionDifferenceFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "EquityValuationAssumptionDifferenceFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Equity Valuation Assumption Difference, Footnote"
       }
      }
     },
     "auth_ref": [
      "r519"
     ]
    },
    "ecd_ErrCompAnalysisTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ErrCompAnalysisTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Erroneous Compensation Analysis"
       }
      }
     },
     "auth_ref": [
      "r483",
      "r494",
      "r504",
      "r530"
     ]
    },
    "ecd_ErrCompRecoveryTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ErrCompRecoveryTable",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Erroneously Awarded Compensation Recovery [Table]"
       }
      }
     },
     "auth_ref": [
      "r480",
      "r491",
      "r501",
      "r527"
     ]
    },
    "ecd_ExecutiveCategoryAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ExecutiveCategoryAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Executive Category [Axis]"
       }
      }
     },
     "auth_ref": [
      "r525"
     ]
    },
    "PLTM_ExpensesPolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ExpensesPolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expenses, realized gains and losses",
        "documentation": "Expenses [Policy Text Block]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_Extension": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Extension",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Extension",
        "documentation": "Extension number for local phone number."
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_FairValueByFairValueHierarchyLevelAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueByFairValueHierarchyLevelAxis",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value Hierarchy and NAV [Axis]",
        "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient."
       }
      }
     },
     "auth_ref": [
      "r135",
      "r147",
      "r148",
      "r149",
      "r150",
      "r151",
      "r152",
      "r158",
      "r159",
      "r225",
      "r226",
      "r227",
      "r228",
      "r229",
      "r230",
      "r231",
      "r233",
      "r236",
      "r259",
      "r260",
      "r261",
      "r420",
      "r431",
      "r432",
      "r435",
      "r436",
      "r437",
      "r438",
      "r439",
      "r445",
      "r447",
      "r454"
     ]
    },
    "us-gaap_FairValueDisclosuresAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueDisclosuresAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value Disclosures [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_FairValueInputsLevel1Member": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueInputsLevel1Member",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value, Inputs, Level 1 [Member]",
        "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date."
       }
      }
     },
     "auth_ref": [
      "r135",
      "r147",
      "r152",
      "r158",
      "r226",
      "r231",
      "r236",
      "r259",
      "r420",
      "r435",
      "r436",
      "r437",
      "r438",
      "r439",
      "r445",
      "r454"
     ]
    },
    "us-gaap_FairValueInputsLevel2Member": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueInputsLevel2Member",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value, Inputs, Level 2 [Member]",
        "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets."
       }
      }
     },
     "auth_ref": [
      "r135",
      "r147",
      "r152",
      "r158",
      "r160",
      "r226",
      "r227",
      "r231",
      "r236",
      "r260",
      "r420",
      "r431",
      "r432",
      "r435",
      "r436",
      "r437",
      "r438",
      "r439",
      "r445",
      "r454"
     ]
    },
    "us-gaap_FairValueInputsLevel3Member": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueInputsLevel3Member",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair Value, Inputs, Level 3 [Member]",
        "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing."
       }
      }
     },
     "auth_ref": [
      "r135",
      "r147",
      "r148",
      "r149",
      "r150",
      "r151",
      "r152",
      "r158",
      "r159",
      "r226",
      "r227",
      "r228",
      "r229",
      "r231",
      "r236",
      "r261",
      "r420",
      "r431",
      "r432",
      "r435",
      "r436",
      "r437",
      "r438",
      "r439",
      "r445",
      "r447",
      "r454"
     ]
    },
    "us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesTables"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Schedule of Trust Investments Fair Value",
        "documentation": "Tabular disclosure of investments in certain entities that calculate net asset value per share or equivalent measured at fair value on a recurring or nonrecurring basis."
       }
      }
     },
     "auth_ref": [
      "r225",
      "r232",
      "r235",
      "r448"
     ]
    },
    "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair value measurements transfers",
        "documentation": "Amount of transfer of financial instrument classified as an asset into (out of) level 3 of the fair value hierarchy."
       }
      }
     },
     "auth_ref": [
      "r584",
      "r586"
     ]
    },
    "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FairValueMeasurementsFairValueHierarchyDomain",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value."
       }
      }
     },
     "auth_ref": [
      "r135",
      "r147",
      "r148",
      "r149",
      "r150",
      "r151",
      "r152",
      "r158",
      "r159",
      "r225",
      "r226",
      "r227",
      "r228",
      "r229",
      "r230",
      "r231",
      "r233",
      "r236",
      "r259",
      "r260",
      "r261",
      "r420",
      "r431",
      "r432",
      "r435",
      "r436",
      "r437",
      "r438",
      "r439",
      "r445",
      "r447",
      "r454"
     ]
    },
    "PLTM_FeePaidToSponsor": {
     "xbrltype": "percentItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "FeePaidToSponsor",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative",
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee paid to sponsor, annualized rate",
        "verboseLabel": "Sponsor fee payable percentage",
        "documentation": "Fee paid to sponsor."
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_FinancialInstrumentAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "FinancialInstrumentAxis",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Financial Instrument [Axis]",
        "documentation": "Information by type of financial instrument."
       }
      }
     },
     "auth_ref": [
      "r80",
      "r81",
      "r82",
      "r83",
      "r84",
      "r85",
      "r86",
      "r87",
      "r88",
      "r89",
      "r90",
      "r91",
      "r92",
      "r93",
      "r94",
      "r95",
      "r96",
      "r97",
      "r98",
      "r99",
      "r100",
      "r101",
      "r102",
      "r103",
      "r104",
      "r105",
      "r106",
      "r107",
      "r108",
      "r109",
      "r111",
      "r112",
      "r113",
      "r114",
      "r115",
      "r116",
      "r117",
      "r118",
      "r136",
      "r145",
      "r221",
      "r222",
      "r234",
      "r242",
      "r244",
      "r256",
      "r257",
      "r258",
      "r259",
      "r260",
      "r261",
      "r262",
      "r263",
      "r264",
      "r265",
      "r266",
      "r267",
      "r268",
      "r269",
      "r270",
      "r272",
      "r273",
      "r274",
      "r275",
      "r276",
      "r277",
      "r278",
      "r279",
      "r280",
      "r281",
      "r282",
      "r283",
      "r284",
      "r285",
      "r286",
      "r292",
      "r297",
      "r430",
      "r445",
      "r446",
      "r447",
      "r448",
      "r449",
      "r450",
      "r451",
      "r452",
      "r453",
      "r456",
      "r558",
      "r559",
      "r560",
      "r561",
      "r562",
      "r563",
      "r564",
      "r569",
      "r570",
      "r571",
      "r572",
      "r580",
      "r581",
      "r582",
      "r583",
      "r585",
      "r587",
      "r588",
      "r589"
     ]
    },
    "ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Forgone Recovery due to Disqualification of Tax Benefits, Amount"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r534"
     ]
    },
    "ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ForgoneRecoveryDueToExpenseOfEnforcementAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Forgone Recovery due to Expense of Enforcement, Amount"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r534"
     ]
    },
    "ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ForgoneRecoveryDueToViolationOfHomeCountryLawAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Forgone Recovery due to Violation of Home Country Law, Amount"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r534"
     ]
    },
    "ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ForgoneRecoveryExplanationOfImpracticabilityTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Forgone Recovery, Explanation of Impracticability"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r534"
     ]
    },
    "ecd_ForgoneRecoveryIndName": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "ForgoneRecoveryIndName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Name",
        "label": "Forgone Recovery, Individual Name"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r534"
     ]
    },
    "us-gaap_GainLossOnInvestments": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "GainLossOnInvestments",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_NetIncomeLoss",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets",
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Net investment loss",
        "label": "Net investment income (loss)",
        "documentation": "Amount of realized and unrealized gain (loss) on investment."
       }
      }
     },
     "auth_ref": [
      "r19",
      "r20",
      "r554"
     ]
    },
    "us-gaap_GainLossOnInvestmentsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "GainLossOnInvestmentsAbstract",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net realized and unrealized gains (losses)"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "GainLossOnSaleOfTrustAssetsToPayExpenses",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_RealizedInvestmentGainsLosses",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets",
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum sold to pay expenses",
        "verboseLabel": "Net realized gain (loss) from platinum bullion sold to pay expenses",
        "documentation": "Gain (loss) related to the sale of trust assets (includes, but is not limited to, gold and silver) to pay trust expenses."
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_IncomeStatementAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "IncomeStatementAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Income Statement [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_IncomeTaxExaminationDescription": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "IncomeTaxExaminationDescription",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Income tax examination, description",
        "documentation": "A brief description of status of the tax examination, significant findings to date, and the entity's position with respect to the findings."
       }
      }
     },
     "auth_ref": [
      "r579"
     ]
    },
    "us-gaap_IncomeTaxPolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "IncomeTaxPolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Income Taxes",
        "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements."
       }
      }
     },
     "auth_ref": [
      "r40",
      "r208",
      "r209",
      "r211",
      "r212",
      "r213",
      "r214",
      "r306"
     ]
    },
    "ecd_IndividualAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "IndividualAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure",
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure",
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements",
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Individual [Axis]"
       }
      }
     },
     "auth_ref": [
      "r487",
      "r498",
      "r508",
      "r525",
      "r534",
      "r538",
      "r546"
     ]
    },
    "ecd_InsiderTradingArrLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "InsiderTradingArrLineItems",
     "auth_ref": [
      "r544"
     ]
    },
    "ecd_InsiderTradingPoliciesProcLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "InsiderTradingPoliciesProcLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Insider Trading Policies and Procedures [Line Items]"
       }
      }
     },
     "auth_ref": [
      "r479",
      "r549"
     ]
    },
    "ecd_InsiderTrdPoliciesProcAdoptedFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "InsiderTrdPoliciesProcAdoptedFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Insider Trading Policies and Procedures Adopted"
       }
      }
     },
     "auth_ref": [
      "r479",
      "r549"
     ]
    },
    "ecd_InsiderTrdPoliciesProcNotAdoptedTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "InsiderTrdPoliciesProcNotAdoptedTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Insider Trading Policies and Procedures Not Adopted"
       }
      }
     },
     "auth_ref": [
      "r479",
      "r549"
     ]
    },
    "us-gaap_InvestmentCompanyExpenseRatioAfterIncentiveAllocation": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyExpenseRatioAfterIncentiveAllocation",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Expenses",
        "label": "Investment Company, Expense Ratio after Incentive Allocation",
        "documentation": "Percentage of expense, after incentive allocation, to average net assets."
       }
      }
     },
     "auth_ref": [
      "r603"
     ]
    },
    "us-gaap_InvestmentCompanyFinancialRatiosAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyFinancialRatiosAbstract",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Ratio to average net assets"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyGainLossOnInvestmentPerShare",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net realized and unrealized gain (loss) on investment in platinum",
        "documentation": "Per share or unit amount of realized and unrealized gain (loss) on investment."
       }
      }
     },
     "auth_ref": [
      "r317"
     ]
    },
    "us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net change in net assets from operations",
        "documentation": "Per share or unit amount of investment income (loss) and realized and unrealized gain (loss) on investment."
       }
      }
     },
     "auth_ref": [
      "r318"
     ]
    },
    "us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyInvestmentIncomeLossPerShare",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Net investment income (loss)",
        "label": "Investment Company, Investment Income (Loss), Per Share, Basic",
        "documentation": "Per-basic-share or unit amount, after investment expense, of dividend and interest investment income (loss) from investment held by investment company."
       }
      }
     },
     "auth_ref": [
      "r316"
     ]
    },
    "us-gaap_InvestmentCompanyInvestmentIncomeLossRatio": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyInvestmentIncomeLossRatio",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net investment loss",
        "documentation": "Percentage of investment income (loss) to average net assets."
       }
      }
     },
     "auth_ref": [
      "r602"
     ]
    },
    "us-gaap_InvestmentCompanyMarketValuePerShare": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyMarketValuePerShare",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "periodEndLabel": "Market value per Share at the end of the year",
        "label": "Investment Company, Market Value, Per Share",
        "documentation": "Market value per share of investment portfolio by investment company. Includes, but is not limited to, per unit, membership interest, or other ownership interest."
       }
      }
     },
     "auth_ref": [
      "r605"
     ]
    },
    "us-gaap_InvestmentCompanyTotalReturn": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyTotalReturn",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total return ratio, at net asset value",
        "documentation": "Percentage increase (decrease) in fund net asset value, assuming reinvestment of dividends and capital gain distributions."
       }
      }
     },
     "auth_ref": [
      "r308",
      "r313",
      "r314"
     ]
    },
    "us-gaap_InvestmentCompanyTotalReturnMarketValue": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentCompanyTotalReturnMarketValue",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total return ratio, at market price",
        "documentation": "Percentage increase (decrease) in portfolio market value assuming reinvestment of dividend and capital gain distribution."
       }
      }
     },
     "auth_ref": [
      "r604"
     ]
    },
    "us-gaap_InvestmentHoldingsTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentHoldingsTextBlock",
     "presentation": [
      "http://graniteshares.com/role/InvestmentInPlatinum"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment in Platinum",
        "documentation": "The entire disclosure for investment holdings. This includes the long positions of investments for the entity. It contains investments in affiliated and unaffiliated issuers. The investments include securities and non securities (i.e. commodities and futures contracts)."
       }
      }
     },
     "auth_ref": [
      "r326"
     ]
    },
    "us-gaap_InvestmentInPhysicalCommodities": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentInPhysicalCommodities",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_Assets",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails",
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment in platinum, at fair value",
        "verboseLabel": "Total",
        "periodStartLabel": "Platinum opening balance",
        "periodEndLabel": "Platinum ending balance",
        "documentation": "Investments held in physical commodities, such as gold, silver, platinum, crude oil, coal, sugar, rice, wheat."
       }
      }
     },
     "auth_ref": [
      "r565",
      "r607"
     ]
    },
    "us-gaap_InvestmentOwnedAtCost": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentOwnedAtCost",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilitiesParenthetical"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cost of investment in platinum bullion",
        "verboseLabel": "Cost",
        "documentation": "Cost of the investment."
       }
      }
     },
     "auth_ref": [
      "r305",
      "r328",
      "r329",
      "r390",
      "r392",
      "r398",
      "r408",
      "r460",
      "r464",
      "r606"
     ]
    },
    "us-gaap_InvestmentOwnedAtFairValue": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentOwnedAtFairValue",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fair value",
        "documentation": "Fair value of investment in security owned."
       }
      }
     },
     "auth_ref": [
      "r305",
      "r321",
      "r322",
      "r323",
      "r325",
      "r327",
      "r328",
      "r329",
      "r330",
      "r333",
      "r334",
      "r343",
      "r344",
      "r386",
      "r388",
      "r389",
      "r391",
      "r396",
      "r397",
      "r399",
      "r400",
      "r401",
      "r404",
      "r405",
      "r407",
      "r409",
      "r410",
      "r460",
      "r464",
      "r606"
     ]
    },
    "us-gaap_InvestmentOwnedBalanceOtherMeasure": {
     "xbrltype": "massItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentOwnedBalanceOtherMeasure",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfInvestmentInPlatinumDetails",
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Investment in platinum bullion",
        "periodStartLabel": "Platinum opening balance (in Ounces)",
        "periodEndLabel": "Platinum ending balance (in Ounces)",
        "documentation": "Quantity of the investment. Indicate the measure in the unit of measure. This is commonly used for investments other than securities. For example, if the investment is gold, the balance would be the number of ounces and the unit of measure would indicate \"ounces\"."
       }
      }
     },
     "auth_ref": [
      "r403"
     ]
    },
    "us-gaap_InvestmentOwnedPercentOfNetAssets": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "InvestmentOwnedPercentOfNetAssets",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Percentage of net assets",
        "documentation": "Percentage of investment owned to net assets."
       }
      }
     },
     "auth_ref": [
      "r324",
      "r328",
      "r329",
      "r388",
      "r396",
      "r399",
      "r402",
      "r409",
      "r460",
      "r606"
     ]
    },
    "PLTM_InvestmentsInBullionTableTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "InvestmentsInBullionTableTextBlock",
     "presentation": [
      "http://graniteshares.com/role/InvestmentInPlatinumTables"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Schedule of Investment in Platinum",
        "documentation": "Schedule of Investment in Platinum [Table Text Block]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_LegalFees": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "LegalFees",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Legal fees and expenses",
        "documentation": "The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings."
       }
      }
     },
     "auth_ref": [
      "r557",
      "r609",
      "r610"
     ]
    },
    "us-gaap_Liabilities": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "Liabilities",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_AssetsNet",
       "weight": -1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Total Liabilities",
        "label": "Liabilities [Default Label]",
        "documentation": "Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others."
       }
      }
     },
     "auth_ref": [
      "r3",
      "r8",
      "r9",
      "r10",
      "r11",
      "r12",
      "r13",
      "r14",
      "r43",
      "r44",
      "r45",
      "r110",
      "r126",
      "r127",
      "r128",
      "r129",
      "r130",
      "r131",
      "r132",
      "r133",
      "r134",
      "r218",
      "r219",
      "r220",
      "r243",
      "r340",
      "r426",
      "r433",
      "r464",
      "r576",
      "r592",
      "r593"
     ]
    },
    "us-gaap_LiabilitiesAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "LiabilitiesAbstract",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Liabilities"
       }
      }
     },
     "auth_ref": []
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount": {
     "xbrltype": "massItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trust unallocated account",
        "documentation": "Maximum amount of gold to be held by trust unallocated account."
       }
      }
     },
     "auth_ref": []
    },
    "srt_MaximumMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "MaximumMember",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Maximum [Member]"
       }
      }
     },
     "auth_ref": [
      "r75",
      "r122",
      "r123",
      "r124",
      "r125",
      "r176",
      "r200",
      "r201",
      "r202",
      "r206",
      "r229",
      "r287",
      "r300",
      "r301",
      "r302",
      "r331",
      "r332",
      "r387",
      "r393",
      "r394",
      "r395",
      "r406",
      "r413",
      "r414",
      "r415",
      "r416",
      "r418",
      "r419",
      "r429",
      "r434",
      "r440",
      "r442",
      "r443",
      "r444",
      "r447",
      "r448",
      "r452",
      "r453",
      "r457",
      "r578",
      "r594",
      "r595",
      "r596",
      "r597",
      "r598",
      "r599"
     ]
    },
    "ecd_MeasureAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "MeasureAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Measure [Axis]"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "ecd_MeasureName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "MeasureName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Name"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "PLTM_MinimumBlockOfSharesIssuedRedeemedAgainstBullion": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "MinimumBlockOfSharesIssuedRedeemedAgainstBullion",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Minimum block of shares issued redeemed",
        "documentation": "The minimum block of shares that can be created or redeemed against bullion deposits or distributions."
       }
      }
     },
     "auth_ref": []
    },
    "ecd_MnpiDiscTimedForCompValFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "MnpiDiscTimedForCompValFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "MNPI Disclosure Timed for Compensation Value"
       }
      }
     },
     "auth_ref": [
      "r537"
     ]
    },
    "ecd_MtrlTermsOfTrdArrTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "MtrlTermsOfTrdArrTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Material Terms of Trading Arrangement"
       }
      }
     },
     "auth_ref": [
      "r545"
     ]
    },
    "ecd_NamedExecutiveOfficersFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NamedExecutiveOfficersFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Named Executive Officers, Footnote"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "us-gaap_NetAssetValuePerShare": {
     "xbrltype": "perShareItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "NetAssetValuePerShare",
     "presentation": [
      "http://graniteshares.com/role/FinancialHighlights",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net asset value per Share",
        "periodStartLabel": "Net asset value per Share at beginning of year",
        "periodEndLabel": "Net asset value per Share at end of year",
        "documentation": "Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure."
       }
      }
     },
     "auth_ref": [
      "r315",
      "r319",
      "r320",
      "r342",
      "r359",
      "r411",
      "r464"
     ]
    },
    "PLTM_NetAssetsPercentageOfNetAssets": {
     "xbrltype": "percentItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "NetAssetsPercentageOfNetAssets",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net assets, percentage of net assets",
        "documentation": "The percentage of net assets of net assets."
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_NetIncomeLoss": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "NetIncomeLoss",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": null,
       "weight": null,
       "order": null,
       "root": true
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations",
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Net increase (decrease) in net assets resulting from operations",
        "label": "Net Income (Loss)",
        "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent."
       }
      }
     },
     "auth_ref": [
      "r17",
      "r21",
      "r27",
      "r29",
      "r35",
      "r38",
      "r39",
      "r41",
      "r43",
      "r44",
      "r45",
      "r47",
      "r51",
      "r54",
      "r55",
      "r56",
      "r57",
      "r58",
      "r60",
      "r61",
      "r66",
      "r110",
      "r126",
      "r127",
      "r128",
      "r129",
      "r130",
      "r131",
      "r132",
      "r133",
      "r134",
      "r137",
      "r140",
      "r142",
      "r144",
      "r205",
      "r215",
      "r216",
      "r224",
      "r243",
      "r296",
      "r360",
      "r380",
      "r381",
      "r421",
      "r422",
      "r423",
      "r462",
      "r576"
     ]
    },
    "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Recently Issued Accounting Pronouncement",
        "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_NoInsiderTradingFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "NoInsiderTradingFlag",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No insider trading flag",
        "documentation": "No insider trading flag."
       }
      }
     },
     "auth_ref": []
    },
    "dei_NoTradingSymbolFlag": {
     "xbrltype": "trueItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "NoTradingSymbolFlag",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "No Trading Symbol Flag",
        "documentation": "Boolean flag that is true only for a security having no trading symbol."
       }
      }
     },
     "auth_ref": []
    },
    "ecd_NonGaapMeasureDescriptionTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NonGaapMeasureDescriptionTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-GAAP Measure Description"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "NonInvestmentAssetsLessNonInvestmentLiabilities",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Assets less liabilities",
        "documentation": "Amount of noninvestment asset (liability) representing difference between aggregate value of investments, including, but not limited to, long and short positions, and net assets."
       }
      }
     },
     "auth_ref": [
      "r358"
     ]
    },
    "us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets": {
     "xbrltype": "percentItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Assets less liabilities, percentage of net assets",
        "documentation": "Percentage of noninvestment asset and liability, including, but not limited to, long and short positions, to net assets."
       }
      }
     },
     "auth_ref": []
    },
    "ecd_NonPeoNeoAvgCompActuallyPaidAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NonPeoNeoAvgCompActuallyPaidAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-PEO NEO Average Compensation Actually Paid Amount"
       }
      }
     },
     "auth_ref": [
      "r515"
     ]
    },
    "ecd_NonPeoNeoAvgTotalCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NonPeoNeoAvgTotalCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-PEO NEO Average Total Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r514"
     ]
    },
    "ecd_NonRule10b51ArrAdoptedFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NonRule10b51ArrAdoptedFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-Rule 10b5-1 Arrangement Adopted"
       }
      }
     },
     "auth_ref": [
      "r545"
     ]
    },
    "ecd_NonRule10b51ArrTrmntdFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "NonRule10b51ArrTrmntdFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Non-Rule 10b5-1 Arrangement Terminated"
       }
      }
     },
     "auth_ref": [
      "r545"
     ]
    },
    "us-gaap_OperatingExpenses": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "OperatingExpenses",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_GainLossOnInvestments",
       "weight": -1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Total expenses",
        "label": "Operating Expenses",
        "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense."
       }
      }
     },
     "auth_ref": [
      "r423"
     ]
    },
    "us-gaap_OperatingExpensesAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "OperatingExpensesAbstract",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expenses"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Organization, Consolidation and Presentation of Financial Statements [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock",
     "presentation": [
      "http://graniteshares.com/role/Organization"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Organization",
        "documentation": "The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure."
       }
      }
     },
     "auth_ref": [
      "r24",
      "r30",
      "r31",
      "r33",
      "r303",
      "r304"
     ]
    },
    "ecd_OtherPerfMeasureAmt": {
     "xbrltype": "decimalItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "OtherPerfMeasureAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Performance Measure, Amount"
       }
      }
     },
     "auth_ref": [
      "r517"
     ]
    },
    "us-gaap_OtherReceivables": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "OtherReceivables",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_Assets",
       "weight": 1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum receivable for fund shares sold",
        "documentation": "Amount due from parties in nontrade transactions, classified as other."
       }
      }
     },
     "auth_ref": [
      "r37",
      "r348",
      "r428",
      "r458",
      "r459",
      "r601"
     ]
    },
    "dei_OtherReportingStandardItemNumber": {
     "xbrltype": "otherReportingStandardItemNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "OtherReportingStandardItemNumber",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Other Reporting Standard Item Number",
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS."
       }
      }
     },
     "auth_ref": [
      "r478"
     ]
    },
    "ecd_OutstandingAggtErrCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "OutstandingAggtErrCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Outstanding Aggregate Erroneous Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r485",
      "r496",
      "r506",
      "r532"
     ]
    },
    "ecd_OutstandingRecoveryCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "OutstandingRecoveryCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r488",
      "r499",
      "r509",
      "r535"
     ]
    },
    "ecd_OutstandingRecoveryIndName": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "OutstandingRecoveryIndName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Name",
        "label": "Outstanding Recovery, Individual Name"
       }
      }
     },
     "auth_ref": [
      "r488",
      "r499",
      "r509",
      "r535"
     ]
    },
    "ecd_PayVsPerformanceDisclosureLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PayVsPerformanceDisclosureLineItems",
     "auth_ref": [
      "r513"
     ]
    },
    "PLTM_PayableForPlatinumPurchased": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "PayableForPlatinumPurchased",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities": {
       "parentTag": "us-gaap_Liabilities",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Payable for platinum purchased",
        "documentation": "Payable for platinum purchased."
       }
      }
     },
     "auth_ref": []
    },
    "ecd_PeerGroupIssuersFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PeerGroupIssuersFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Peer Group Issuers, Footnote"
       }
      }
     },
     "auth_ref": [
      "r516"
     ]
    },
    "ecd_PeerGroupTotalShareholderRtnAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PeerGroupTotalShareholderRtnAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Peer Group Total Shareholder Return Amount"
       }
      }
     },
     "auth_ref": [
      "r516"
     ]
    },
    "ecd_PeoActuallyPaidCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PeoActuallyPaidCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "PEO Actually Paid Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r515"
     ]
    },
    "ecd_PeoName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PeoName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "PEO Name"
       }
      }
     },
     "auth_ref": [
      "r518"
     ]
    },
    "ecd_PeoTotalCompAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PeoTotalCompAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "PEO Total Compensation Amount"
       }
      }
     },
     "auth_ref": [
      "r514"
     ]
    },
    "PLTM_PercentageOfAllocatedPlatinumAvailableToSale": {
     "xbrltype": "percentItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "PercentageOfAllocatedPlatinumAvailableToSale",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Available to sale percentage",
        "documentation": "Percentage of allocated platinum available to sale."
       }
      }
     },
     "auth_ref": []
    },
    "srt_PlatformOperatorCryptoAssetLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "PlatformOperatorCryptoAssetLineItems",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platform Operator, Crypto Asset [Line Items]"
       }
      }
     },
     "auth_ref": [
      "r119"
     ]
    },
    "srt_PlatformOperatorCryptoAssetTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "PlatformOperatorCryptoAssetTable",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platform Operator, Crypto Asset [Table]"
       }
      }
     },
     "auth_ref": [
      "r119"
     ]
    },
    "PLTM_PlatinumMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "PlatinumMember",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails",
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum [Member]",
        "documentation": "Platinum [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "ecd_PnsnBnftsAdjFnTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PnsnBnftsAdjFnTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pension Benefits Adjustments, Footnote"
       }
      }
     },
     "auth_ref": [
      "r515"
     ]
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r472"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r474"
     ]
    },
    "ecd_PvpTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PvpTable",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pay vs Performance Disclosure [Table]"
       }
      }
     },
     "auth_ref": [
      "r513"
     ]
    },
    "ecd_PvpTableTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "PvpTableTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pay vs Performance Disclosure, Table"
       }
      }
     },
     "auth_ref": [
      "r513"
     ]
    },
    "srt_RangeAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "RangeAxis",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statistical Measurement [Axis]"
       }
      }
     },
     "auth_ref": [
      "r75",
      "r122",
      "r123",
      "r124",
      "r125",
      "r146",
      "r176",
      "r200",
      "r201",
      "r202",
      "r204",
      "r206",
      "r229",
      "r262",
      "r271",
      "r287",
      "r300",
      "r301",
      "r302",
      "r331",
      "r332",
      "r387",
      "r393",
      "r394",
      "r395",
      "r406",
      "r413",
      "r414",
      "r415",
      "r416",
      "r418",
      "r419",
      "r429",
      "r434",
      "r440",
      "r442",
      "r443",
      "r444",
      "r447",
      "r448",
      "r452",
      "r453",
      "r457",
      "r460",
      "r574",
      "r578",
      "r582",
      "r595",
      "r596",
      "r597",
      "r598",
      "r599"
     ]
    },
    "srt_RangeMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "RangeMember",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "auth_ref": [
      "r75",
      "r122",
      "r123",
      "r124",
      "r125",
      "r146",
      "r176",
      "r200",
      "r201",
      "r202",
      "r204",
      "r206",
      "r229",
      "r262",
      "r271",
      "r287",
      "r300",
      "r301",
      "r302",
      "r331",
      "r332",
      "r387",
      "r393",
      "r394",
      "r395",
      "r406",
      "r413",
      "r414",
      "r415",
      "r416",
      "r418",
      "r419",
      "r429",
      "r434",
      "r440",
      "r442",
      "r443",
      "r444",
      "r447",
      "r448",
      "r452",
      "r453",
      "r457",
      "r460",
      "r574",
      "r578",
      "r582",
      "r595",
      "r596",
      "r597",
      "r598",
      "r599"
     ]
    },
    "us-gaap_RealizedInvestmentGainsLosses": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RealizedInvestmentGainsLosses",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "PLTM_AggregateGainLossOnBullion",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "totalLabel": "Net realized gain (loss)",
        "label": "Realized Investment Gains (Losses)",
        "documentation": "Amount of realized gain (loss) on investment."
       }
      }
     },
     "auth_ref": [
      "r299"
     ]
    },
    "us-gaap_RealizedInvestmentGainsLossesAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RealizedInvestmentGainsLossesAbstract",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net realized gain (loss) from:"
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_RealizedInvestmentGainsLossesForRedemptionOfShares": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "RealizedInvestmentGainsLossesForRedemptionOfShares",
     "crdr": "credit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_RealizedInvestmentGainsLosses",
       "weight": 1.0,
       "order": 2.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets",
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum distributed for the redemption of Shares",
        "verboseLabel": "Net realized gain (loss) from platinum bullion distributed for redemptions",
        "documentation": "Realized investment gains losses for redemption of shares."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_ReceivableAndPayablePolicyTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "ReceivableAndPayablePolicyTextBlock",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesPolicies"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Platinum. Receivable and Payable",
        "documentation": "Receivable and Payable [Policy Text Block]"
       }
      }
     },
     "auth_ref": []
    },
    "ecd_RecoveryOfErrCompDisclosureLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "RecoveryOfErrCompDisclosureLineItems",
     "auth_ref": [
      "r480",
      "r491",
      "r501",
      "r527"
     ]
    },
    "us-gaap_RelatedPartyDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyDomain",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Related and nonrelated parties. Related party includes, but is not limited to, affiliate, other entity for which investment is accounted for under equity method, trust for benefit of employee, principal owner, management, and member of immediate family, and other party that may be prevented from pursuing separate interests because of control, significant influence, or ownership interest."
       }
      }
     },
     "auth_ref": [
      "r43",
      "r46",
      "r47",
      "r79",
      "r153",
      "r172",
      "r249",
      "r250",
      "r294",
      "r295",
      "r335",
      "r336",
      "r337",
      "r338",
      "r339",
      "r358",
      "r385",
      "r608"
     ]
    },
    "us-gaap_RelatedPartyMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyMember",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Related Party [Member]",
        "documentation": "Party related to reporting entity. Includes, but is not limited to, affiliate, entity for which investment is accounted for by equity method, trust for benefit of employees, and principal owner, management, and members of immediate family."
       }
      }
     },
     "auth_ref": [
      "r43",
      "r46",
      "r47",
      "r249",
      "r250",
      "r251",
      "r252",
      "r294",
      "r295",
      "r335",
      "r336",
      "r337",
      "r338",
      "r339",
      "r358",
      "r385"
     ]
    },
    "us-gaap_RelatedPartyTransactionAmountsOfTransaction": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyTransactionAmountsOfTransaction",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fees payable to sponsor",
        "documentation": "Amount of transactions with related party during the financial reporting period."
       }
      }
     },
     "auth_ref": [
      "r249"
     ]
    },
    "us-gaap_RelatedPartyTransactionLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyTransactionLineItems",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Related Party Transaction [Line Items]",
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table."
       }
      }
     },
     "auth_ref": [
      "r43",
      "r46",
      "r47",
      "r79",
      "r249",
      "r250",
      "r252",
      "r363",
      "r364",
      "r367"
     ]
    },
    "us-gaap_RelatedPartyTransactionsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyTransactionsAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Related Party Transactions [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_RelatedPartyTransactionsByRelatedPartyAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyTransactionsByRelatedPartyAxis",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative",
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Related and Nonrelated Parties [Axis]",
        "documentation": "Information by related and nonrelated parties. Related party includes, but is not limited to, affiliate, other entity for which investment is accounted for under equity method, trust for benefit of employee, principal owner, management, and member of immediate family, and other party that may be prevented from pursuing separate interests because of control, significant influence, or ownership interest."
       }
      }
     },
     "auth_ref": [
      "r43",
      "r46",
      "r47",
      "r79",
      "r153",
      "r172",
      "r249",
      "r250",
      "r294",
      "r295",
      "r335",
      "r336",
      "r337",
      "r338",
      "r339",
      "r358",
      "r385",
      "r591",
      "r608"
     ]
    },
    "us-gaap_RelatedPartyTransactionsDisclosureTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RelatedPartyTransactionsDisclosureTextBlock",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrustee"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Related parties \u2013 Sponsor and Trustee",
        "documentation": "The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates."
       }
      }
     },
     "auth_ref": [
      "r246",
      "r247",
      "r248",
      "r250",
      "r253",
      "r308",
      "r309",
      "r310",
      "r365",
      "r366",
      "r367",
      "r383",
      "r384"
     ]
    },
    "ecd_RestatementDateAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "RestatementDateAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Restatement Determination Date [Axis]"
       }
      }
     },
     "auth_ref": [
      "r481",
      "r492",
      "r502",
      "r528"
     ]
    },
    "ecd_RestatementDeterminationDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "RestatementDeterminationDate",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Restatement Determination Date"
       }
      }
     },
     "auth_ref": [
      "r482",
      "r493",
      "r503",
      "r529"
     ]
    },
    "ecd_RestatementDoesNotRequireRecoveryTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "RestatementDoesNotRequireRecoveryTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Restatement does not require Recovery"
       }
      }
     },
     "auth_ref": [
      "r489",
      "r500",
      "r510",
      "r536"
     ]
    },
    "us-gaap_RisksAndUncertaintiesAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "RisksAndUncertaintiesAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Risks and Uncertainties [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "ecd_Rule10b51ArrAdoptedFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "Rule10b51ArrAdoptedFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 10b5-1 Arrangement Adopted"
       }
      }
     },
     "auth_ref": [
      "r545"
     ]
    },
    "ecd_Rule10b51ArrTrmntdFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "Rule10b51ArrTrmntdFlag",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 10b5-1 Arrangement Terminated"
       }
      }
     },
     "auth_ref": [
      "r545"
     ]
    },
    "srt_ScenarioUnspecifiedDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "ScenarioUnspecifiedDomain",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "auth_ref": [
      "r32",
      "r34",
      "r62",
      "r177",
      "r555"
     ]
    },
    "us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ScheduleOfDefinedBenefitPlansDisclosuresTable",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfAssetsAndLiabilities"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Defined Benefit Plan [Table]",
        "documentation": "Disclosure of information about individual defined benefit pension plan or other postretirement defined benefit plan. It may be appropriate to group certain similar plans. Also includes schedule for fair value of plan assets by major categories of plan assets 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 or liabilities (Level 1), Significant other observable inputs (Level 2), and significant unobservable inputs (Level 3)."
       }
      }
     },
     "auth_ref": [
      "r0",
      "r4",
      "r5",
      "r6",
      "r7",
      "r154",
      "r155",
      "r156",
      "r159",
      "r161",
      "r162",
      "r163",
      "r164",
      "r165",
      "r166",
      "r167",
      "r168",
      "r169",
      "r170",
      "r171",
      "r172",
      "r173",
      "r174",
      "r175"
     ]
    },
    "us-gaap_ScheduleOfInvestmentsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ScheduleOfInvestmentsAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Schedule of Investments [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ScheduleOfRelatedPartyTransactionsByRelatedPartyTable",
     "presentation": [
      "http://graniteshares.com/role/RelatedPartiesSponsorAndTrusteeDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Related Party Transaction [Table]",
        "documentation": "Disclosure of information about related party transaction."
       }
      }
     },
     "auth_ref": [
      "r43",
      "r46",
      "r47",
      "r249",
      "r250",
      "r252",
      "r363",
      "r364",
      "r367"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Security12bTitle",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r466"
     ]
    },
    "dei_Security12gTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Security12gTitle",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(g) Security",
        "documentation": "Title of a 12(g) registered security."
       }
      }
     },
     "auth_ref": [
      "r470"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r469"
     ]
    },
    "dei_SecurityReportingObligation": {
     "xbrltype": "securityReportingObligationItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SecurityReportingObligation",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Reporting Obligation",
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r475"
     ]
    },
    "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Award under share-based payment arrangement."
       }
      }
     },
     "auth_ref": [
      "r178",
      "r179",
      "r180",
      "r181",
      "r182",
      "r183",
      "r184",
      "r185",
      "r186",
      "r187",
      "r188",
      "r189",
      "r190",
      "r191",
      "r192",
      "r193",
      "r194",
      "r195",
      "r196",
      "r197",
      "r198",
      "r199",
      "r200",
      "r201",
      "r202",
      "r203"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r473"
     ]
    },
    "us-gaap_SponsorFees": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "SponsorFees",
     "crdr": "debit",
     "calculation": {
      "http://graniteshares.com/role/StatementsOfOperations": {
       "parentTag": "us-gaap_OperatingExpenses",
       "weight": 1.0,
       "order": 1.0
      }
     },
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative",
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Sponsor fees",
        "verboseLabel": "Sponsor fee",
        "documentation": "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."
       }
      }
     },
     "auth_ref": [
      "r18"
     ]
    },
    "PLTM_SponsorMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "SponsorMember",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Sponsor [Member]",
        "documentation": "Sponsor [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_StatementLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StatementLineItems",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative",
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement [Line Items]",
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table."
       }
      }
     },
     "auth_ref": [
      "r48",
      "r49",
      "r50",
      "r72",
      "r138",
      "r139",
      "r141",
      "r143",
      "r245",
      "r288",
      "r305",
      "r312",
      "r320",
      "r333",
      "r335",
      "r336",
      "r337",
      "r338",
      "r339",
      "r341",
      "r343",
      "r344",
      "r345",
      "r346",
      "r347",
      "r349",
      "r350",
      "r351",
      "r352",
      "r354",
      "r355",
      "r356",
      "r357",
      "r358",
      "r361",
      "r362",
      "r368",
      "r369",
      "r370",
      "r371",
      "r372",
      "r373",
      "r374",
      "r375",
      "r376",
      "r377",
      "r378",
      "r379",
      "r382",
      "r422",
      "r423",
      "r461",
      "r608"
     ]
    },
    "us-gaap_StatementOfFinancialPositionAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StatementOfFinancialPositionAbstract",
     "auth_ref": []
    },
    "us-gaap_StatementOfStockholdersEquityAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StatementOfStockholdersEquityAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement of Stockholders' Equity [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "srt_StatementScenarioAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "StatementScenarioAxis",
     "presentation": [
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Scenario [Axis]"
       }
      }
     },
     "auth_ref": [
      "r32",
      "r34",
      "r62",
      "r177",
      "r555",
      "r556"
     ]
    },
    "us-gaap_StatementTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StatementTable",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative",
      "http://graniteshares.com/role/SchedulesOfInvestments"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Statement [Table]",
        "documentation": "Presentation of information about comprehensive income, income, other comprehensive income, financial position, cash flows, and shareholders' equity."
       }
      }
     },
     "auth_ref": [
      "r48",
      "r49",
      "r50",
      "r72",
      "r79",
      "r138",
      "r139",
      "r141",
      "r143",
      "r245",
      "r288",
      "r305",
      "r312",
      "r320",
      "r333",
      "r335",
      "r336",
      "r337",
      "r338",
      "r339",
      "r341",
      "r343",
      "r344",
      "r345",
      "r346",
      "r347",
      "r349",
      "r350",
      "r351",
      "r352",
      "r354",
      "r355",
      "r356",
      "r357",
      "r358",
      "r361",
      "r362",
      "r368",
      "r369",
      "r370",
      "r371",
      "r372",
      "r373",
      "r374",
      "r375",
      "r376",
      "r377",
      "r378",
      "r379",
      "r382",
      "r422",
      "r423",
      "r461",
      "r608"
     ]
    },
    "ecd_StkPrcOrTsrEstimationMethodTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "StkPrcOrTsrEstimationMethodTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/ErrCompDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Stock Price or TSR Estimation Method"
       }
      }
     },
     "auth_ref": [
      "r484",
      "r495",
      "r505",
      "r531"
     ]
    },
    "us-gaap_StockIssuedDuringPeriodSharesNewIssues": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StockIssuedDuringPeriodSharesNewIssues",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Creations, shares",
        "documentation": "Number of new stock issued during the period."
       }
      }
     },
     "auth_ref": [
      "r2",
      "r15",
      "r16",
      "r23",
      "r307",
      "r382",
      "r412"
     ]
    },
    "us-gaap_StockIssuedDuringPeriodValueNewIssues": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StockIssuedDuringPeriodValueNewIssues",
     "crdr": "credit",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Creation of 3,150,000, 850,000 and 350,000 shares respectively",
        "documentation": "Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering."
       }
      }
     },
     "auth_ref": [
      "r2",
      "r15",
      "r16",
      "r23",
      "r311",
      "r382",
      "r412",
      "r463"
     ]
    },
    "us-gaap_StockRedeemedOrCalledDuringPeriodShares": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StockRedeemedOrCalledDuringPeriodShares",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssetsParenthetical"
     ],
     "lang": {
      "en-us": {
       "role": {
        "negatedLabel": "Redemptions, shares",
        "label": "Stock Redeemed or Called During Period, Shares",
        "documentation": "Number of stock bought back by the entity at the exercise price or redemption price."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "us-gaap_StockRedeemedOrCalledDuringPeriodValue": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StockRedeemedOrCalledDuringPeriodValue",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfChangesInNetAssets"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Redemption of (1,000,000), (450,000), and (1,400,000) shares respectively",
        "documentation": "Equity impact of the value of stock bought back by the entity at the exercise price or redemption price."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "us-gaap_SubsequentEventsAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "SubsequentEventsAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Subsequent Events [Abstract]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_SubsequentEventsTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "SubsequentEventsTextBlock",
     "presentation": [
      "http://graniteshares.com/role/SubsequentEvents"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Subsequent events",
        "documentation": "The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business."
       }
      }
     },
     "auth_ref": [
      "r254",
      "r255"
     ]
    },
    "ecd_TabularListTableTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TabularListTableTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Tabular List, Table"
       }
      }
     },
     "auth_ref": [
      "r524"
     ]
    },
    "srt_TitleOfIndividualAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "TitleOfIndividualAxis",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title and Position [Axis]"
       }
      }
     },
     "auth_ref": [
      "r568",
      "r590"
     ]
    },
    "srt_TitleOfIndividualWithRelationshipToEntityDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/srt/2025",
     "localname": "TitleOfIndividualWithRelationshipToEntityDomain",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "auth_ref": []
    },
    "ecd_TotalShareholderRtnAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TotalShareholderRtnAmt",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Shareholder Return Amount"
       }
      }
     },
     "auth_ref": [
      "r516"
     ]
    },
    "ecd_TotalShareholderRtnVsPeerGroupTextBlock": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TotalShareholderRtnVsPeerGroupTextBlock",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/PvpDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Shareholder Return Vs Peer Group"
       }
      }
     },
     "auth_ref": [
      "r523"
     ]
    },
    "ecd_TradingArrAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TradingArrAxis",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Arrangement [Axis]"
       }
      }
     },
     "auth_ref": [
      "r544"
     ]
    },
    "ecd_TradingArrByIndTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TradingArrByIndTable",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Arrangements, by Individual [Table]"
       }
      }
     },
     "auth_ref": [
      "r546"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "TradingSymbol",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "PLTM_TransactionFeeForCreationsAndRedemptions": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://graniteshares.com/20250630",
     "localname": "TransactionFeeForCreationsAndRedemptions",
     "crdr": "debit",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Transaction fee for creations and redemptions",
        "documentation": "Transaction fee for creations and redemptions."
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain",
     "presentation": [
      "http://graniteshares.com/role/ScheduleOfTrustInvestmentsFairValueDetails"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms."
       }
      }
     },
     "auth_ref": [
      "r80",
      "r81",
      "r82",
      "r83",
      "r84",
      "r85",
      "r86",
      "r87",
      "r88",
      "r89",
      "r90",
      "r91",
      "r92",
      "r93",
      "r94",
      "r95",
      "r96",
      "r97",
      "r98",
      "r99",
      "r100",
      "r101",
      "r102",
      "r103",
      "r104",
      "r105",
      "r106",
      "r107",
      "r108",
      "r109",
      "r136",
      "r145",
      "r221",
      "r222",
      "r234",
      "r242",
      "r244",
      "r256",
      "r257",
      "r258",
      "r259",
      "r260",
      "r261",
      "r262",
      "r263",
      "r264",
      "r265",
      "r266",
      "r267",
      "r268",
      "r269",
      "r270",
      "r272",
      "r273",
      "r274",
      "r275",
      "r276",
      "r277",
      "r278",
      "r279",
      "r280",
      "r281",
      "r282",
      "r283",
      "r284",
      "r285",
      "r286",
      "r292",
      "r297",
      "r445",
      "r446",
      "r447",
      "r448",
      "r449",
      "r450",
      "r451",
      "r452",
      "r453",
      "r456",
      "r558",
      "r559",
      "r560",
      "r561",
      "r562",
      "r563",
      "r564",
      "r569",
      "r570",
      "r571",
      "r572",
      "r580",
      "r581",
      "r582",
      "r583",
      "r585",
      "r587",
      "r588",
      "r589"
     ]
    },
    "ecd_TrdArrAdoptionDate": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrAdoptionDate",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Adoption Date"
       }
      }
     },
     "auth_ref": [
      "r547"
     ]
    },
    "ecd_TrdArrDuration": {
     "xbrltype": "durationItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrDuration",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Arrangement Duration"
       }
      }
     },
     "auth_ref": [
      "r548"
     ]
    },
    "ecd_TrdArrExpirationDate": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrExpirationDate",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Expiration Date"
       }
      }
     },
     "auth_ref": [
      "r548"
     ]
    },
    "ecd_TrdArrIndName": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrIndName",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "verboseLabel": "Name",
        "label": "Trading Arrangement, Individual Name"
       }
      }
     },
     "auth_ref": [
      "r546"
     ]
    },
    "ecd_TrdArrIndTitle": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrIndTitle",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title"
       }
      }
     },
     "auth_ref": [
      "r546"
     ]
    },
    "ecd_TrdArrTerminationDate": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "TrdArrTerminationDate",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Termination Date"
       }
      }
     },
     "auth_ref": [
      "r547"
     ]
    },
    "ecd_UndrlygSecurityMktPriceChngPct": {
     "xbrltype": "pureItemType",
     "nsuri": "http://xbrl.sec.gov/ecd/2025",
     "localname": "UndrlygSecurityMktPriceChngPct",
     "presentation": [
      "http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Underlying Security Market Price Change"
       }
      }
     },
     "auth_ref": [
      "r543"
     ]
    },
    "us-gaap_UnrecognizedTaxBenefits": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "UnrecognizedTaxBenefits",
     "crdr": "credit",
     "presentation": [
      "http://graniteshares.com/role/BasisOfAccountingAndSignificantAccountingPoliciesDetailsNarrative"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Uncertain tax positions taken in tax returns",
        "documentation": "Amount of unrecognized tax benefits."
       }
      }
     },
     "auth_ref": [
      "r207",
      "r210",
      "r441"
     ]
    },
    "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "WeightedAverageNumberOfDilutedSharesOutstanding",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Weighted average number of shares, diluted",
        "documentation": "The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period."
       }
      }
     },
     "auth_ref": [
      "r64",
      "r69"
     ]
    },
    "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": {
     "xbrltype": "sharesItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "WeightedAverageNumberOfSharesOutstandingBasic",
     "presentation": [
      "http://graniteshares.com/role/StatementsOfOperations"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Weighted average number of shares, basic",
        "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period."
       }
      }
     },
     "auth_ref": [
      "r63",
      "r69"
     ]
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://graniteshares.com/role/Cover"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r552"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "SubTopic": "20",
   "Topic": "715",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r1": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "SubTopic": "30",
   "Topic": "205",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479910/205-30-50-1"
  },
  "r2": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "SubTopic": "10",
   "Topic": "505",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481112/505-10-50-2"
  },
  "r3": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(22))",
   "SubTopic": "10",
   "Topic": "210",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r4": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Topic": "715",
   "SubTopic": "20",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-2"
  },
  "r5": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Topic": "715",
   "SubTopic": "20",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-3"
  },
  "r6": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Topic": "715",
   "SubTopic": "20",
   "Section": "50",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-4"
  },
  "r7": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Name": "Accounting Standards Codification",
   "Topic": "715",
   "SubTopic": "20",
   "Section": "55",
   "Paragraph": "17",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480482/715-20-55-17"
  },
  "r8": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(19))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r9": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(20))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r10": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(21))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r11": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(23))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r12": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(24))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r13": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(25))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r14": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(26))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r15": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(28))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r16": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(29))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r17": {
   "role": "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(20))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483621/220-10-S99-2"
  },
  "r18": {
   "role": "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"
  },
  "r19": {
   "role": "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(7)(c))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483621/220-10-S99-2"
  },
  "r20": {
   "role": "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(9)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483621/220-10-S99-2"
  },
  "r21": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "230",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "28",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482740/230-10-45-28"
  },
  "r22": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "440",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/440/tableOfContent"
  },
  "r23": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "505",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.3-04)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480008/505-10-S99-1"
  },
  "r24": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "810",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/810/tableOfContent"
  },
  "r25": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "942",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.9-03(11))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478546/942-210-S99-1"
  },
  "r26": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "942",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.9-03(15)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478546/942-210-S99-1"
  },
  "r27": {
   "role": "http://fasb.org/us-gaap/role/ref/legacyRef",
   "Topic": "942",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.9-04(22))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478524/942-220-S99-1"
  },
  "r28": {
   "role": "http://fasb.org/us-gaap/role/ref/otherTransitionRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "32",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482810/280-10-50-32"
  },
  "r29": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "105",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "9",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479343/105-10-65-9"
  },
  "r30": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/205/tableOfContent"
  },
  "r31": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S45",
   "Paragraph": "5",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481034/205-10-S45-5"
  },
  "r32": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481003/205-10-S50-2"
  },
  "r33": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480922/205-10-S99-3"
  },
  "r34": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "7",
   "Subparagraph": "(SAB Topic 1.B.2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480922/205-10-S99-7"
  },
  "r35": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "205",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483499/205-20-50-7"
  },
  "r36": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(18))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r37": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(3)(a)(4))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r38": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "220",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1A",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482790/220-10-45-1A"
  },
  "r39": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "220",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1B",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482790/220-10-45-1B"
  },
  "r40": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "220",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482765/220-10-50-1"
  },
  "r41": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "220",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482765/220-10-50-6"
  },
  "r42": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "220",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "2",
   "Subparagraph": "(SX 210.5-03(25))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483621/220-10-S99-2"
  },
  "r43": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480738/235-10-S50-1"
  },
  "r44": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.4-08(g)(1)(i))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480678/235-10-S99-1"
  },
  "r45": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.4-08(g)(1)(ii))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480678/235-10-S99-1"
  },
  "r46": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.4-08(k)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480678/235-10-S99-1"
  },
  "r47": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.4-08(k)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480678/235-10-S99-1"
  },
  "r48": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "23",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483421/250-10-45-23"
  },
  "r49": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "24",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483421/250-10-45-24"
  },
  "r50": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "5",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483421/250-10-45-5"
  },
  "r51": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(b)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-1"
  },
  "r52": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-1"
  },
  "r53": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-1"
  },
  "r54": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "11",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-11"
  },
  "r55": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "11",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-11"
  },
  "r56": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-3"
  },
  "r57": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-4"
  },
  "r58": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-6"
  },
  "r59": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-7"
  },
  "r60": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "8",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-8"
  },
  "r61": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483443/250-10-50-9"
  },
  "r62": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "250",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "5",
   "Subparagraph": "(SAB Topic 11.M.Q2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480530/250-10-S99-5"
  },
  "r63": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-10"
  },
  "r64": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "16",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-16"
  },
  "r65": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-2"
  },
  "r66": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "60B",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-60B"
  },
  "r67": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "60B",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-60B"
  },
  "r68": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482689/260-10-45-7"
  },
  "r69": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482662/260-10-50-1"
  },
  "r70": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "15",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482635/260-10-55-15"
  },
  "r71": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "270",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482964/270-10-50-1"
  },
  "r72": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "272",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483014/272-10-45-1"
  },
  "r73": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "275",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482861/275-10-50-1"
  },
  "r74": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "275",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2A",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482861/275-10-50-2A"
  },
  "r75": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "275",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482861/275-10-50-9"
  },
  "r76": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "22",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482810/280-10-50-22"
  },
  "r77": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "30",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482810/280-10-50-30"
  },
  "r78": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "32",
   "Subparagraph": "(ee)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482810/280-10-50-32"
  },
  "r79": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "310",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "13",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481990/310-10-45-13"
  },
  "r80": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r81": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r82": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(aa)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r83": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(aaa)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r84": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r85": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r86": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-2"
  },
  "r87": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-3"
  },
  "r88": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-3"
  },
  "r89": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-3"
  },
  "r90": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-3"
  },
  "r91": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-3"
  },
  "r92": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r93": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r94": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(aaa)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r95": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r96": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r97": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r98": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r99": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r100": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r101": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)(4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5"
  },
  "r102": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5A",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5A"
  },
  "r103": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5A",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5A"
  },
  "r104": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5A",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5A"
  },
  "r105": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5B",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5B"
  },
  "r106": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5B",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5B"
  },
  "r107": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5B",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5B"
  },
  "r108": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5B",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5B"
  },
  "r109": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5B",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-5B"
  },
  "r110": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "323",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481687/323-10-50-3"
  },
  "r111": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "11",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479319/326-20-50-11"
  },
  "r112": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "13",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479319/326-20-50-13"
  },
  "r113": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "14",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479319/326-20-50-14"
  },
  "r114": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "16",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479319/326-20-50-16"
  },
  "r115": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479319/326-20-50-5"
  },
  "r116": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479106/326-30-50-4"
  },
  "r117": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479106/326-30-50-7"
  },
  "r118": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "326",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479106/326-30-50-9"
  },
  "r119": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "405",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SAB Topic 5.FF.Q2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147476188/405-10-S99-1"
  },
  "r120": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "440",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482648/440-10-50-4"
  },
  "r121": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "440",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482648/440-10-50-4"
  },
  "r122": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "450",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483076/450-20-50-4"
  },
  "r123": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "450",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483076/450-20-50-9"
  },
  "r124": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "450",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SAB Topic 5.Y.Q2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480102/450-20-S99-1"
  },
  "r125": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "450",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SAB Topic 5.Y.Q4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480102/450-20-S99-1"
  },
  "r126": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(4)(i))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r127": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(4)(iii)(A))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r128": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(4)(iv))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r129": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r130": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1B",
   "Subparagraph": "(SX 210.13-02(a)(4)(i))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1B"
  },
  "r131": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1B",
   "Subparagraph": "(SX 210.13-02(a)(4)(iii)(A))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1B"
  },
  "r132": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1B",
   "Subparagraph": "(SX 210.13-02(a)(4)(iii)(B))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1B"
  },
  "r133": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1B",
   "Subparagraph": "(SX 210.13-02(a)(4)(iv))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1B"
  },
  "r134": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1B",
   "Subparagraph": "(SX 210.13-02(a)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1B"
  },
  "r135": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1D",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481139/470-20-50-1D"
  },
  "r136": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1I",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481139/470-20-50-1I"
  },
  "r137": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "4",
   "Subparagraph": "(f)(4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481538/470-20-65-4"
  },
  "r138": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S45",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479887/480-10-S45-1"
  },
  "r139": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S45",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479887/480-10-S45-2"
  },
  "r140": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S45",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479887/480-10-S45-3"
  },
  "r141": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479857/480-10-S50-1"
  },
  "r142": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479857/480-10-S50-3"
  },
  "r143": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480244/480-10-S99-1"
  },
  "r144": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3A",
   "Subparagraph": "(24)(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480244/480-10-S99-3A"
  },
  "r145": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "505",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "18",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481112/505-10-50-18"
  },
  "r146": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r147": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r148": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(02)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r149": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(02)(A)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r150": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(02)(B)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r151": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(02)(C)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r152": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(03)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r153": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(n)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r154": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r155": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r156": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r157": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r158": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(iv)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r159": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(iv)(02)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r160": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(iv)(03)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r161": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r162": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r163": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r164": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(g)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r165": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(h)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r166": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r167": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(j)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r168": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(j)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r169": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(j)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r170": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(j)(4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r171": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(k)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r172": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(l)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r173": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(m)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r174": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(q)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r175": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-7"
  },
  "r176": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "80",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480576/715-80-50-5"
  },
  "r177": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "715",
   "SubTopic": "80",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480576/715-80-50-5"
  },
  "r178": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r179": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r180": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r181": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r182": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r183": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r184": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iv)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r185": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iv)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r186": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iv)(02)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r187": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iv)(03)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r188": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(1)(iv)(04)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r189": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r190": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r191": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(iii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r192": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(iii)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r193": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(iii)(02)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r194": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(2)(iii)(03)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r195": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(d)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r196": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(d)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r197": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(e)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r198": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(e)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r199": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(f)(2)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r200": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(f)(2)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r201": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(f)(2)(iii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r202": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(f)(2)(iv)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r203": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(f)(2)(v)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r204": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(l)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480429/718-10-50-2"
  },
  "r205": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "718",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "17",
   "Subparagraph": "(d)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480336/718-10-65-17"
  },
  "r206": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "720",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483359/720-20-50-1"
  },
  "r207": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "10B",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482525/740-10-45-10B"
  },
  "r208": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "25",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482525/740-10-45-25"
  },
  "r209": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "28",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482525/740-10-45-28"
  },
  "r210": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "15A",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-15A"
  },
  "r211": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "17",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-17"
  },
  "r212": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "19",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-19"
  },
  "r213": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "20",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-20"
  },
  "r214": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-9"
  },
  "r215": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "740",
   "SubTopic": "323",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "2",
   "Subparagraph": "(g)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478666/740-323-65-2"
  },
  "r216": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "805",
   "SubTopic": "60",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "1",
   "Subparagraph": "(g)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147476176/805-60-65-1"
  },
  "r217": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "810",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "25",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481231/810-10-45-25"
  },
  "r218": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "810",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "25",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481231/810-10-45-25"
  },
  "r219": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "810",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(bb)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481203/810-10-50-3"
  },
  "r220": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "810",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481203/810-10-50-3"
  },
  "r221": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "815",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "8A",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480434/815-10-50-8A"
  },
  "r222": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "815",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480237/815-40-50-5"
  },
  "r223": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "815",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "1",
   "Subparagraph": "(e)(4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480175/815-40-65-1"
  },
  "r224": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "815",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "65",
   "Paragraph": "1",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480175/815-40-65-1"
  },
  "r225": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "35",
   "Paragraph": "54B",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482134/820-10-35-54B"
  },
  "r226": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "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"
  },
  "r227": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r228": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r229": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(2)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r230": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2E",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2E"
  },
  "r231": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-3"
  },
  "r232": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6A",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-6A"
  },
  "r233": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6A",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-6A"
  },
  "r234": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6B",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-6B"
  },
  "r235": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "8",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-8"
  },
  "r236": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-10"
  },
  "r237": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "21",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-21"
  },
  "r238": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "21",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-21"
  },
  "r239": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "21",
   "Subparagraph": "(c)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-21"
  },
  "r240": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "21",
   "Subparagraph": "(d)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-21"
  },
  "r241": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "21",
   "Subparagraph": "(d)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-21"
  },
  "r242": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "28",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-28"
  },
  "r243": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "28",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-28"
  },
  "r244": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "32",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-32"
  },
  "r245": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "842",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "35",
   "Paragraph": "12A",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479165/842-20-35-12A"
  },
  "r246": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/850/tableOfContent"
  },
  "r247": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-1"
  },
  "r248": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-1"
  },
  "r249": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-1"
  },
  "r250": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-1"
  },
  "r251": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-2"
  },
  "r252": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-3"
  },
  "r253": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-6"
  },
  "r254": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "855",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/855/tableOfContent"
  },
  "r255": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "855",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483399/855-10-50-2"
  },
  "r256": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)(2)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r257": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)(2)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r258": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r259": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(bb)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r260": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(bb)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r261": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(bb)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r262": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r263": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r264": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r265": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r266": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r267": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r268": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r269": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481444/860-30-45-1"
  },
  "r270": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481420/860-30-50-7"
  },
  "r271": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481420/860-30-50-7"
  },
  "r272": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-3"
  },
  "r273": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-3"
  },
  "r274": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-3"
  },
  "r275": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)(4)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-3"
  },
  "r276": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r277": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r278": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r279": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(4)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r280": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(5)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r281": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(6)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r282": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(a)(7)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r283": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r284": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(e)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r285": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(e)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r286": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "860",
   "SubTopic": "50",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(e)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481229/860-50-50-4"
  },
  "r287": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "910",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482546/910-10-50-6"
  },
  "r288": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "924",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SAB Topic 11.L)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479941/924-10-S99-1"
  },
  "r289": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "942",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.9-04(27))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478524/942-220-S99-1"
  },
  "r290": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "942",
   "SubTopic": "235",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478671/942-235-S50-1"
  },
  "r291": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "942",
   "SubTopic": "235",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.9-05(b)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477314/942-235-S99-1"
  },
  "r292": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "942",
   "SubTopic": "825",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478898/942-825-50-1"
  },
  "r293": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-03(a)(12))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478777/944-210-S99-1"
  },
  "r294": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-03(a)(17))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478777/944-210-S99-1"
  },
  "r295": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-03(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478777/944-210-S99-1"
  },
  "r296": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-04(18))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477250/944-220-S99-1"
  },
  "r297": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-04(2)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477250/944-220-S99-1"
  },
  "r298": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-04(23))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477250/944-220-S99-1"
  },
  "r299": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-04(3)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477250/944-220-S99-1"
  },
  "r300": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480081/944-40-50-5"
  },
  "r301": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7A",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480081/944-40-50-7A"
  },
  "r302": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "944",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SAB Topic 5.W.Q2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479583/944-40-S99-1"
  },
  "r303": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480424/946-10-50-1"
  },
  "r304": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480424/946-10-50-2"
  },
  "r305": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-03(d))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479886/946-10-S99-3"
  },
  "r306": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-03(h)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479886/946-10-S99-3"
  },
  "r307": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-03(i)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479886/946-10-S99-3"
  },
  "r308": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480990/946-20-50-2"
  },
  "r309": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480990/946-20-50-5"
  },
  "r310": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480990/946-20-50-6"
  },
  "r311": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "4",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478009/946-205-45-4"
  },
  "r312": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "6",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478009/946-205-45-6"
  },
  "r313": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "18",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-18"
  },
  "r314": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "27",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-27"
  },
  "r315": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r316": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r317": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r318": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r319": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(h)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r320": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477796/946-210-45-4"
  },
  "r321": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(a)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-1"
  },
  "r322": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(b)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-1"
  },
  "r323": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(b)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-1"
  },
  "r324": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-1"
  },
  "r325": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-1"
  },
  "r326": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "12",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-12"
  },
  "r327": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-2"
  },
  "r328": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(a)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r329": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(a)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r330": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r331": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r332": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(f)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r333": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r334": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(11))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r335": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(12)(b)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r336": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(12)(b)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r337": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(12)(b)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r338": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(13)(a)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r339": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(13)(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r340": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(14))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r341": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(16)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r342": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(19))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r343": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(2)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r344": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(2)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r345": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(3)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r346": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(3)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r347": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(3)(c))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r348": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(5)(a)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r349": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(6)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r350": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(6)(c))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r351": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(6)(d))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r352": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(6)(e))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r353": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(8))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r354": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(9)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r355": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(9)(c))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r356": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(9)(d))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r357": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(9)(e))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r358": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "2",
   "Subparagraph": "(SX 210.6-05(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-2"
  },
  "r359": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "2",
   "Subparagraph": "(SX 210.6-05(4))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-2"
  },
  "r360": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479105/946-220-45-7"
  },
  "r361": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r362": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r363": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(c)(2)(i))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r364": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(c)(2)(ii))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r365": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(c))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r366": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(e))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r367": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(g)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r368": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r369": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r370": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r371": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r372": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(6))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r373": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(a)(7))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r374": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r375": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r376": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r377": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r378": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(6))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r379": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(7)(c)(7))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r380": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(9))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r381": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-09(1)(d))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-3"
  },
  "r382": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-09(4)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-3"
  },
  "r383": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "235",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477968/946-235-50-2"
  },
  "r384": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "235",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477968/946-235-50-2"
  },
  "r385": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477802/946-310-45-1"
  },
  "r386": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column A)(Footnote 1))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r387": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column A)(Footnote 2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r388": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column C)(Footnote 5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r389": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column C)(Footnote 6))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r390": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column C)(Footnote 8)(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r391": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-12(Column C))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-1"
  },
  "r392": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "19",
   "Subparagraph": "(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-19"
  },
  "r393": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "2",
   "Subparagraph": "(SX 210.12-12A(Column A)(Footnote 2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-2"
  },
  "r394": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 4)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r395": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 4)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r396": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 6))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r397": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 7))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r398": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 11)(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r399": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r400": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 9))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r401": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column C))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r402": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.12-12B(Column D))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-3"
  },
  "r403": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "5D",
   "Subparagraph": "(SX 210.12-13D(Column B))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-5D"
  },
  "r404": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column A)(Footnote 1)(b)(2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r405": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column A)(Footnote 1)(b)(5))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r406": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column A)(Footnote 2))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r407": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column F)(Footnote 4))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r408": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column F)(Footnote 5)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r409": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column F)(Footnote 7))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r410": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "320",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "6",
   "Subparagraph": "(SX 210.12-14(Column F))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477271/946-320-S99-6"
  },
  "r411": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "505",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478448/946-505-50-1"
  },
  "r412": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "946",
   "SubTopic": "505",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478448/946-505-50-2"
  },
  "r413": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "948",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "S50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478322/948-310-S50-2"
  },
  "r414": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "948",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-29(Column A)(Footnote 3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479628/948-310-S99-1"
  },
  "r415": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "948",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-29(Column B))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479628/948-310-S99-1"
  },
  "r416": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "948",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.12-29(Column C))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479628/948-310-S99-1"
  },
  "r417": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "954",
   "SubTopic": "440",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478522/954-440-50-1"
  },
  "r418": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "976",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477332/976-310-50-1"
  },
  "r419": {
   "role": "http://www.xbrl.org/2003/role/disclosureRef",
   "Topic": "978",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479230/978-310-50-1"
  },
  "r420": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "10",
   "SubTopic": "10",
   "Topic": "825",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482881/825-10-55-10"
  },
  "r421": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "220",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "14",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147476153/220-40-55-14"
  },
  "r422": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "220",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "21",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147476153/220-40-55-21"
  },
  "r423": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "220",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147476153/220-40-55-4"
  },
  "r424": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "260",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "52",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482635/260-10-55-52"
  },
  "r425": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "275",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "3A",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482836/275-10-55-3A"
  },
  "r426": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "30",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482810/280-10-50-30"
  },
  "r427": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "48",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482785/280-10-55-48"
  },
  "r428": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "280",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "49",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482785/280-10-55-49"
  },
  "r429": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "310",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "12A",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481933/310-10-55-12A"
  },
  "r430": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "326",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "8",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479081/326-30-55-8"
  },
  "r431": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "69B",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481568/470-20-55-69B"
  },
  "r432": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "69C",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481568/470-20-55-69C"
  },
  "r433": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "480",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "64",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481620/480-10-55-64"
  },
  "r434": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "505",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "13",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481112/505-10-50-13"
  },
  "r435": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r436": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Subparagraph": "(d)(iv)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-1"
  },
  "r437": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(ii)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r438": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "5",
   "Subparagraph": "(c)(iv)(01)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480506/715-20-50-5"
  },
  "r439": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "17",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480482/715-20-55-17"
  },
  "r440": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "715",
   "SubTopic": "80",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "8",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480547/715-80-55-8"
  },
  "r441": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "217",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482663/740-10-55-217"
  },
  "r442": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "805",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "8",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479328/805-10-50-8"
  },
  "r443": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "805",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "43",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479303/805-10-55-43"
  },
  "r444": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "805",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "47",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479303/805-10-55-47"
  },
  "r445": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "100",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-100"
  },
  "r446": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "101",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-101"
  },
  "r447": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "103",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-103"
  },
  "r448": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r449": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r450": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r451": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r452": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r453": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "107",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482078/820-10-55-107"
  },
  "r454": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "12",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482881/825-10-55-12"
  },
  "r455": {
   "role": "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"
  },
  "r456": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "860",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "4",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481395/860-30-55-4"
  },
  "r457": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "944",
   "SubTopic": "40",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "29F",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480046/944-40-55-29F"
  },
  "r458": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "944",
   "SubTopic": "605",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "11",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477548/944-605-55-11"
  },
  "r459": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "944",
   "SubTopic": "605",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "14",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477548/944-605-55-14"
  },
  "r460": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477439/946-210-55-1"
  },
  "r461": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "946",
   "SubTopic": "310",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "1",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147477802/946-310-45-1"
  },
  "r462": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "946",
   "SubTopic": "830",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479168/946-830-55-10"
  },
  "r463": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "946",
   "SubTopic": "830",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "11",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479168/946-830-55-11"
  },
  "r464": {
   "role": "http://www.xbrl.org/2003/role/exampleRef",
   "Topic": "946",
   "SubTopic": "830",
   "Name": "Accounting Standards Codification",
   "Section": "55",
   "Paragraph": "12",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479168/946-830-55-12"
  },
  "r465": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12"
  },
  "r466": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r467": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r468": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r469": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r470": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "g"
  },
  "r471": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12, 13, 15d"
  },
  "r472": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r473": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r474": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r475": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "15",
   "Subsection": "d"
  },
  "r476": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 10-K",
   "Number": "249",
   "Section": "310"
  },
  "r477": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 10-Q",
   "Number": "240",
   "Section": "308",
   "Subsection": "a"
  },
  "r478": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Number": "249",
   "Section": "220",
   "Subsection": "f"
  },
  "r479": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "16",
   "Subsection": "J",
   "Paragraph": "a"
  },
  "r480": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1"
  },
  "r481": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i"
  },
  "r482": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "A"
  },
  "r483": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "B"
  },
  "r484": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "C"
  },
  "r485": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "D"
  },
  "r486": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "E"
  },
  "r487": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "ii"
  },
  "r488": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "1",
   "Subparagraph": "iii"
  },
  "r489": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 20-F",
   "Section": "6",
   "Subsection": "F",
   "Paragraph": "2"
  },
  "r490": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Number": "249",
   "Section": "240",
   "Subsection": "f"
  },
  "r491": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a"
  },
  "r492": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1"
  },
  "r493": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "i"
  },
  "r494": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "ii"
  },
  "r495": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "iii"
  },
  "r496": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "iv"
  },
  "r497": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "v"
  },
  "r498": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "2"
  },
  "r499": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "a",
   "Subparagraph": "3"
  },
  "r500": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form 40-F",
   "Section": "19",
   "Paragraph": "b"
  },
  "r501": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a"
  },
  "r502": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1"
  },
  "r503": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "i"
  },
  "r504": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "ii"
  },
  "r505": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "iii"
  },
  "r506": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "iv"
  },
  "r507": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "1",
   "Sentence": "v"
  },
  "r508": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "2"
  },
  "r509": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "a",
   "Subparagraph": "3"
  },
  "r510": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Form N-CSR",
   "Section": "18",
   "Paragraph": "b"
  },
  "r511": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Section": "13",
   "Subsection": "a-1"
  },
  "r512": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v"
  },
  "r513": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "1"
  },
  "r514": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "2",
   "Subparagraph": "ii"
  },
  "r515": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "2",
   "Subparagraph": "iii"
  },
  "r516": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "2",
   "Subparagraph": "iv"
  },
  "r517": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "2",
   "Subparagraph": "vi"
  },
  "r518": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "3"
  },
  "r519": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "4"
  },
  "r520": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "5",
   "Subparagraph": "i"
  },
  "r521": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "5",
   "Subparagraph": "ii"
  },
  "r522": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "5",
   "Subparagraph": "iii"
  },
  "r523": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "5",
   "Subparagraph": "iv"
  },
  "r524": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "6"
  },
  "r525": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "v",
   "Paragraph": "6",
   "Subparagraph": "i"
  },
  "r526": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w"
  },
  "r527": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1"
  },
  "r528": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i"
  },
  "r529": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "A"
  },
  "r530": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "B"
  },
  "r531": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "C"
  },
  "r532": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "D"
  },
  "r533": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "i",
   "Sentence": "E"
  },
  "r534": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "ii"
  },
  "r535": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "1",
   "Subparagraph": "iii"
  },
  "r536": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "w",
   "Paragraph": "2"
  },
  "r537": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "1"
  },
  "r538": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2"
  },
  "r539": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2",
   "Subparagraph": "ii",
   "Sentence": "A"
  },
  "r540": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2",
   "Subparagraph": "ii",
   "Sentence": "C"
  },
  "r541": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2",
   "Subparagraph": "ii",
   "Sentence": "D"
  },
  "r542": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2",
   "Subparagraph": "ii",
   "Sentence": "E"
  },
  "r543": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "402",
   "Subsection": "x",
   "Paragraph": "2",
   "Subparagraph": "ii",
   "Sentence": "F"
  },
  "r544": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "a"
  },
  "r545": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "a",
   "Paragraph": "1"
  },
  "r546": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "a",
   "Paragraph": "2",
   "Subparagraph": "A"
  },
  "r547": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "a",
   "Paragraph": "2",
   "Subparagraph": "B"
  },
  "r548": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "a",
   "Paragraph": "2",
   "Subparagraph": "C"
  },
  "r549": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-K",
   "Number": "229",
   "Section": "408",
   "Subsection": "b",
   "Paragraph": "1"
  },
  "r550": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Regulation S-T",
   "Number": "232",
   "Section": "405"
  },
  "r551": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "405"
  },
  "r552": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  },
  "r553": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "7A",
   "Section": "B",
   "Subsection": "2"
  },
  "r554": {
   "role": "http://www.xbrl.org/2003/role/recommendedDisclosureRef",
   "Topic": "230",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "28",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482740/230-10-45-28"
  },
  "r555": {
   "role": "http://www.xbrl.org/2003/role/recommendedDisclosureRef",
   "Topic": "450",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483076/450-20-50-10"
  },
  "r556": {
   "role": "http://www.xbrl.org/2003/role/recommendedDisclosureRef",
   "Topic": "855",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483399/855-10-50-3"
  },
  "r557": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "2",
   "Subparagraph": "(SX 210.5-03(6))",
   "SubTopic": "10",
   "Topic": "220",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483621/220-10-S99-2"
  },
  "r558": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "a",
   "Publisher": "SEC"
  },
  "r559": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "b",
   "Subparagraph": "(1)",
   "Publisher": "SEC"
  },
  "r560": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "b",
   "Subparagraph": "(2)",
   "Publisher": "SEC"
  },
  "r561": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "b",
   "Subparagraph": "(3)",
   "Publisher": "SEC"
  },
  "r562": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "c",
   "Subparagraph": "(2)(i)",
   "Publisher": "SEC"
  },
  "r563": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "c",
   "Subparagraph": "(2)(ii)",
   "Publisher": "SEC"
  },
  "r564": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Name": "Regulation S-K (SK)",
   "Number": "229",
   "Section": "1402",
   "Paragraph": "c",
   "Subparagraph": "(2)(iii)",
   "Publisher": "SEC"
  },
  "r565": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "210",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.5-02(12))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480566/210-10-S99-1"
  },
  "r566": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "235",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483426/235-10-50-1"
  },
  "r567": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "275",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/275/tableOfContent"
  },
  "r568": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "310",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "13",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481990/310-10-45-13"
  },
  "r569": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "320",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "9",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481800/320-10-50-9"
  },
  "r570": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "321",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479536/321-10-50-3"
  },
  "r571": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "321",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479536/321-10-50-3"
  },
  "r572": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "321",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479536/321-10-50-3"
  },
  "r573": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "405",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/405-30/tableOfContent"
  },
  "r574": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "410",
   "SubTopic": "30",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "10",
   "Subparagraph": "(c)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481931/410-30-50-10"
  },
  "r575": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "450",
   "Name": "Accounting Standards Codification",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/450/tableOfContent"
  },
  "r576": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(4)(ii))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r577": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "470",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1A",
   "Subparagraph": "(SX 210.13-01(a)(4)(iii))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147480097/470-10-S99-1A"
  },
  "r578": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "470",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "1B",
   "Subparagraph": "(d)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481139/470-20-50-1B"
  },
  "r579": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "740",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "15",
   "Subparagraph": "(e)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482685/740-10-50-15"
  },
  "r580": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "35",
   "Paragraph": "54B",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482134/820-10-35-54B"
  },
  "r581": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r582": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r583": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(bbb)(2)(i)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r584": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Subparagraph": "(c)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2"
  },
  "r585": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2E",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-2E"
  },
  "r586": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-3"
  },
  "r587": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "820",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6A",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482106/820-10-50-6A"
  },
  "r588": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-10"
  },
  "r589": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "825",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "11",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147482907/825-10-50-11"
  },
  "r590": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "2",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-2"
  },
  "r591": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "850",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147483326/850-10-50-3"
  },
  "r592": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "852",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(a)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481404/852-10-50-7"
  },
  "r593": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "852",
   "SubTopic": "10",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481404/852-10-50-7"
  },
  "r594": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r595": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r596": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "3",
   "Subparagraph": "(c)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-3"
  },
  "r597": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(1)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r598": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(2)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r599": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "860",
   "SubTopic": "20",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "4",
   "Subparagraph": "(b)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147481326/860-20-50-4"
  },
  "r600": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "944",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-03(a)(15)(a))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478777/944-210-S99-1"
  },
  "r601": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "944",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.7-03(a)(3))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478777/944-210-S99-1"
  },
  "r602": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "10",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-10"
  },
  "r603": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "13",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-13"
  },
  "r604": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "18",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-18"
  },
  "r605": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "205",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "7",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478494/946-205-50-7"
  },
  "r606": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "50",
   "Paragraph": "6",
   "Subparagraph": "(a)(3)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147478795/946-210-50-6"
  },
  "r607": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "210",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-04(3)(d))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479170/946-210-S99-1"
  },
  "r608": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "3",
   "Subparagraph": "(b)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479105/946-220-45-3"
  },
  "r609": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "45",
   "Paragraph": "3",
   "Subparagraph": "(k)",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479105/946-220-45-3"
  },
  "r610": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "1",
   "Subparagraph": "(SX 210.6-07(2)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-1"
  },
  "r611": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-09(4)(b))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-3"
  },
  "r612": {
   "role": "http://www.xbrl.org/2009/role/commonPracticeRef",
   "Topic": "946",
   "SubTopic": "220",
   "Name": "Accounting Standards Codification",
   "Section": "S99",
   "Paragraph": "3",
   "Subparagraph": "(SX 210.6-09(7))",
   "Publisher": "FASB",
   "URI": "https://asc.fasb.org/1943274/2147479134/946-220-S99-3"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>44
<FILENAME>0001493152-25-011791-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001493152-25-011791-xbrl.zip
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MDJK6%$&/X"EVH1MJ1"GJ?Z3]E[+_,V$O_J^4_;>P_U?7$H#C',M9\\[Q D
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MHB1)^^K@U^A+;834/'W/E%^,&!C*O;X]3$S0CS#^ZQ%B15+PP,$HP_$ML>'
M4S0:RO/-NMG7-%M]6&30>CV_7;!H ZNUYM-V(V389D*;K'=$WH9F(9N!L6K@
M94_:"B5S9Q5)RDSJ%J>''0,1&KB38OUK_D"VLR"=1T2E!#!U&![M,XC+%&,\
M>=#M\HP:4F!#U;?H<FAFN@ZS\N++:MAA.$U?E;(5W:!XH[NE_>3O%LIL5T_<
M.\JS682A>HV^!)@S_3'9=09-?9BSB>'4/+8.Y-<[!2SSP9^3H3C]][27%2TE
M%J> ?*5;Y&_89SWU0[W*BSTD2#\H%<JEKISZB[Y,&O^L@^JOO3?8<T5?FO%7
M"[6E&N9'TWE<2^($#4I(S=9@PQ0E^HP(S?ZH)(ULS.^G&M<O.RB2$Q-E^XG!
M/[%D"6F<PF .>^W5HD7W.V7ZN.1LO3N/#)VR\DL3;2E\@P9I7O?XOCQR7D^)
MNQ*M/<$M^.84X$/4QQJ5N]J(FK8\J2)%YS-K$]--]RG[E7VYV4A8NH/)G%^W
MN)R#W<CGLE>,L\C](CMF0N?,Z,Z3PG?<SZ O0X\B]V0R56/7 H<F.1$:] 5]
M94;0672?C@I\WB.@B*OE[F_-M2REFO5WR\V%WBQN[9YM%B"H?3&ZH[(.H7J_
MC9(ND!J[&'*BZKBRY*=A/T_CQX=[1@<&AOM$!%X'!X3Y!U??Z1IOI@IE1$4E
M%6J[%VKX?LLP#/6V9OO=2JLZ^;>;*V9QA04:7R3N21W$4GZ8)=7A B_!SPB9
MULE9 L]QMC SG0OM):5"V;;%/. )=X"0J= 3F_N)-L>V3D^+N9=V7^FFZ=!Z
M $P6N#SM"3T*@U"F1U4A_NJB/$WF1&<F[NA%4X4'@;P_&+IE,)K&T=."=QN1
M/6D' 5!;0JBXSL222.C)]97-1S625N)E5G]7I&YX+W8+:WU4T7&H,;I>%_T:
M?*O7-+BW3TW^X4+:WT%OV)5Y36T]=W\Q+%R"XX2X\J42!HQR7U5;NJP\M<KR
M:$P[U*V,+TY$__O]TP=/R4LDC-Q,$T)?G!B$LQ<+JI:Z)YZ(>?$=-;=NY?%D
MNO+FL4ZR\D?0N9%$)M=M>E^WQP\@Q9Q318_UXAFW*>_UA<:$'X=\?Y.4399\
MDM9$#E0_'M&G'/4PXTX!7Y&FC*]3/6LYH,8?L=0MY%*4Y4R/[WGZ832'AE-1
M_^+9] 2G:^I+SN[#)>OC]>Y4FX'2),2-\2#OZ?UM3^+["J\I_4E/V*4&V]8X
MXZ.[3.3D7HU6UA74=\'@R+?1CPSM7A _HV3[:XQXB0$I(_4'&W8%0%H*<SK>
MQ]$T+PMC+<=IF_[M2NB3.=<W7C-[2>0-XJ9>((_W[SK@%AU;@TD<JWY0;2F(
M7*0P)W!2]W)*3,ND)MJE?KP_!8!6*<&N,QI0BN7HE=$$>4[LKBCE*<F%HRV%
MA?3VZR]4:2N*O]WJXX=)P>--MA%EZULZ^ZRLNO!OD1>&1/0D<%3C7:\SY[)W
MDG\*"&ANKC\I*:&7DKDY%J .6W-N%PC,VPP32NNS6ERMSN"Z1?,\?^_*52I7
MP;ON)L'LW9W+E28/#ZUJ=XD9?VNB+)0)R,LQ(ANG@$N=HIYKZ9?=J*M)S5VW
MAYMZZ*EDK #"D'K][K>[@8)EW=+4!'2U/THHA_JA9.5*WJ;]]>F.@NEVS<RA
M;[-TZ)\C&W/]>GB%L9 =-VG^/AVXCYE6COVF488427K=ANO7;[G.F6MLQ[X=
M%L&6VRPH;P%XM=ZXWS1^2'GLB:BT,.=-C]=4"8(L_, ZK"+:C9VGKF&*YJ>^
M?C-*-,KPY^!GY5W0*>"&, EZDCIY"D"WA/V@^@RG/E;]-C2/^2)ZHIJ)@,3%
M$$X!O^[&2)T"%CI/ 4?./FZ]M?Y+D/A.4 4\U;4]R@)H2/":"9.OV*W[Z7;9
MS!<QC#8S$WD<J.1HZ^6.:\V-X!+2^I)D\]M5[O4&]6F4$^Z^-=HL(9@]VV_F
M59PL 9,;)+"N/>&VXRXRT&ZR45*VDM@5=O6QDK7?;0<]R:R &Z]JT]\';+R"
MA$?*2T_V8>GR*\EU,:,@$9 7D"YW"G@6.GI<V>,#$MI<9>V!I6L:K<Q+R)WD
MZDMOI:/O*]4N:[1R$P-Y_8^R6Q*:W&WZ]6]-J6N'G"3[J[<. 7%=Z_U-R#4@
M71GY'*N>;F9(UZ3^-*)DQNEQ>M%2G0-YD+TZQ;-AH'CACM^-[W$O2 %04FMJ
MIS&9.SG2</=;JE+!&C@YYNJ,$I^LGARZIZ0HW<FG-S"SZ"(BG))):LDD63A_
M  J%<H9\<%I/]*:$9ZA-\OFUZ.2\F5YQA2/-]8&9_=+;)JFC,SN(NVB'<:'T
MRB4G5_0,Y,F?+CV\=#-:T#S2Y_5)GM)^<05"F KMZ[)9F\4^Z]0MI:?:]\02
MOZ>78)ZI6T@KJAH2L)UWBUOC W)7#=M[.G M[RD_6L5K5,?]JX?8Y[<CC),C
M+D)??"2GU,;U>S;.)HTTS&*2^WZ1M8154"VUV16SB3B'M_-C0;8W[1_8R?[C
M]X^[R"!?VC>*8^NEV2'/IO9/8[[N]0Y'<//U"X:V%55$K='SE5-]W['9AGK*
MC7UK_K/O2F6<!?4,'0F=9$TBLGX0%WAL""\E9^[.%'I-)L1H^L^!.$ ^9M4?
M95X\/'D;<\EU.U?Z.79Y<4MH#G7T#[V:"K&A%U$5K;<F)FB'?9$]SP,.1 J:
MG<'R^S[?165>3I@>?%#0 E8.8>?U%2E?NKD1TG2+$KKF!WZG31!']V6$*J4K
M)SO _<+)M\)TRN%=2K?>'<7F>J=AI6HQ>I29ZN-&Y_>CL:(P2?^WLP^GJ,K)
M>KSD:Y4,-51_M]1TH-Y?\VY77:%]O^@8O.:MK>1_CFHGBM[13P'FN.;&>JI@
M=]'YO=]BCYLDJA_5NY0,9MV]"7XUMO<Y3S@S3-9;Q%R?O<O4P;Q1\+969+;D
MLU*;8UV6"V*J*;5.:IL$.U<9D=DA2+^AA6TU%[)^].;D.=0GC%LM.WW1R(X:
M=LWZ%B9E+(B/MC \'?S]*]I&U#JT8L_5!D_ $P*_?$,FK%),QOG[]/\\Z42N
MM6@<#<:^V];)1NT&$G]K;NE8%E1:"&;/8:F%-R4SG*LCOF9\_KSH]D+8[\:S
M?9A$#[09Q!4SV=,H/M>VI.-(9P<MA=.2I@,5.I7+-X]KU7O25C0IR 0]*?7$
MN%!%87.CYECK*?VKXV0DW\=-]:ZT'*8:-08=#2N7ZEMDA*#/_*%<CP?T#/^#
M^I+T8:(%F%9( ?8#D\5VR(/ZMRDRN\K'YD7"C+_FU7<-]IS/<!Q700</:NJT
MIGKUS#[LFE.:P'&5LO7 PD1IGV.87="^U<;U'1P1F%IX^>2=^D]^YB>)6_27
ME$P\4WJ."1RG+I-6=]G('Q%2[J1JLU46>*H-!?6,*>TW?X2(9&)@,4OGUPT_
ME5$YIOR=Y"ZY^$>>^W("$0C29/=L2G,U[H>/B(2_?CBS_0U'R<+;YL@H?'Q"
MU[OA-U+G97/N'G?2H!<N*%1N-@4+9J=:%DJ@O>09Y7=1WK_UH<:L2:._[#**
M<[T=DLAN7J8E>*(J8E4TL]8&=:R?(!=&?-X_D5I234 G51OD%Q@:< [M*WG^
MTEI_GB9Q,20#KN62 ;;HS$H38W">9>; \I1 NDQAP]?1J\5(&#2M-\WR!J"=
MTEEQQ7L-70+_FJFE*) W+S<"WO8Y<W=$Y""4:QO)I9XI@C"G#!8$56QU!#!;
MUQ3!I/"^+T:D0_Q+/W#M1BZT'\S16^)B<>.)@U]ZF'OQ-E9]QRD:_W>3<8#T
MZAG'7R IEC\7(+2GE!-&$0L.O+2W=@I(0%A4;!*^;#!9Z9/'4#CX/E6_H6K9
M4**H\AXQZH[;-,%U=CP!Q2$#:2$H_=P)79!\$?7>7_N5MEX:-E7+H(C#Y[>W
M<I*OU<!W^ Y*/#'TIH*W6 %'2MW#!I5^6W0*QIJ]9N^F#?KF]!,[62U3.R]K
MWLSB__AQ..K&>+TM12M-PA&U[N!B4/D6S^EF/>X&O629K>TNW]L7^^'73+;I
MZYDO=F)ZA+B24X"-%!V]!M>_N7EF(B=:7B'NS^BQ5B,LP%SW_,/U<KK9IAAW
M2^ANKCY6'2F?%S9?KOKGS@@Y2>%.!KI66AZI;X96*!$_A44HG +XD&OO0^X)
M,W1O#%__6YC);D/A\X:Y6MG?A-BIC#A^_$.K5>;-[V6);RNVO-!WH/,Q LPQ
M4%-BVIFK4^UM18HR+*C\9-L54<IZ.B.(*@.A'U.Q@ZC87HNZG@0&4 --AC.L
MJNB6JZ9B/ZI#_(D./8V>_LYY\MCZKM>1GD/?D3C,CL6Q0,QB)!-%XEZ2 Z<Q
M[^3=G5'ZH:>]5BM)DAF*UKU'*<>4;>9RYN!J?*&<G<"H0%BIZ[T+*YDG3=A[
MI3=>KOJYV8WOA MG/H[4\DQM4Y8BI5WTTCM2#][IX98E51L(>"57)P]\<\P0
M,LW@<ZCR2Y>! %F-U!L$JTTSQ)K7+UB78!)'D^K?UH7C'1.@E[Z]WN-PC33-
MEGD33*RG.XEFG!,TG!^H42AP(A0_RZNH<"^]8,-[J8]2;%UV"K LR]&R0F?'
M!94?PFY("5I=5FVN&1'TL.-87JBP^UK(M:),1/6O7D \I".)R.13 -?!<Q+W
M.?B\N45@W]+^4U3+DVTGM>F1%J>NUQ :[5 %=A07E-JEL=%W;4;!N[4;%Z'X
MV#W[S++A A?(-!_JX/,02I$-O><X +[:5WCCS(BKVA(D3RIZ_$\! O H!\K/
ME!W\LH/_BA2.&L L"B_9.G*=^V(@#G6(8@M-7E*T,,J?2-Q-C^I=Y8H11_#4
MTP-@,DF=%RCS>'T1"A(/YC*D'!T/Z""3]71+>I52UR8OP21$9A W'^O9^8?S
MZV>5.7[>3#M,RNR&Q7G#C-/U KFB#7 (I0@.C[[YW$&/.3&'1URL%XP2U4UG
MY<#\KG,UZUH6@]F&IO%RP9:UIMG%8C%,(/];VVKK6H02-W<<)B'D4)4=7H6[
M73@[W#N#22@U2! KD/*QCIE#FV9[_K")UXX"#W+3I5:2B4#>F%4@Q0D>%@W$
M'WT[0.V:K$G_/:/V!613N+04!4VN'^3YXCQ!61X-\0KCE6UFJ_UFD\"9.1?(
M#0]98]UY&5Z]O*GB#.<#+D%I+W#=TPA9'Z^.47LZGHQD\W62^HY:.^'^>WIJ
M9^? 0I-X\#,#\3=!@3:G*3GH)CN#NZRH8"*.ZG6[> :-)S&]0'9&& F9TG-&
MH"5\+Y2?>9V>:I<X5/@G)7RH:&G5G/Z<K,SC>HXL#F$*74AXB<4DX5#O ^P0
M9C=6Y)L*E[:B#<2M-7+\*\J1,93YG:9C!?@]<BL>G)X[E,0$P8])/7A_LU%D
M8BYJ$)H*:@;V[P*)G3T"^\,(X!/J1LR=65SF9;IPO[X<X6=&RL.9FN9T[\W'
M 1YA*W/F/??ZK[KVMM=Y)0U,D:I. 8M[HRJ/U%TXZG^D57DVCJ4DL'(:V$F]
MM>^UPMB(/ZM,MBG03.DCNLE.<EHV9D'E_UU3?815+DZL17W-O&*F,59M?+5)
MQZXXL>][^Z"\N.. 0D>"7/EU$86_*SK8:W7LJJ<PLA,%E]KK)IGL/M>Q#/X>
MVII";\BQ+ +NTO#A\RF 4WW_+Q-R2%/5]4+'A9O#:TQA>CB3+9[(O63#O+1[
M? -A=Y+?*5O,N'/2U"W$D*, AX#Q$G<HM;B6]!KZ/(DUH;RH7U.'-?GQ]5\U
MZNF>_>$\O,1Q?U>3QVH@P<4-:Y.*I0U62%,[\QD(!HX%_G$*\ <GU#/NT%NQ
MB+^RB//)N%IDGUA&[%HF$&%(#_$A7WFOK2Y_QQ]?J "^N"6F.-A5>E<S(<SP
M6+KEX92/QG2G6RCDW[P,'UHDW>Y8-Z9_E8VAOC89AUH5<J=;U!F6@-<*)-WF
M]%40+E,(4 #6C:4,UBTF-N-V ]6;<_0=31)Q#!7),W=^?UR1N8#X^H^.2A&/
MRH0H$7U5(HI#*> %24&&SSZNW=X1(N?X\%>BL;B]UI!8VR.7:CN;]$<W*%EH
M5X)-AI1-16$8WG9OXD]LTEC%/WX/9[4\6AYL=[JJ9_:1_+__.^9+ILRL"%GC
M.U0Q1FI! E2UK:K]8GG3.+2E"Y#!KTO;IZSO[A[K;L9HM+4F]JU>05S0H?/3
MDNC0((&CITUG1CS7>AQ6,:R1"A>V:J"< E*D&MOG$-JT,F_<O0IZ\(]ON)]<
M_K><8](XUEL/MH*6&7LI#%(>S>SD7R"M#-@\]'R7$4T)ISVG*OYXZ4.>Y&<H
MSS*O,?0^Z4N-AL P]%= =L0_E*VES,3(04Q-KW1!=.7"]I%E$9G3X/?.M\YV
MG;&G6.&-A7_NB_X(^G@*\.4=<F\^^J6]Z28!>_-DQ>N-1Y"+JKW5A]D*#$0I
MO]C>45^I:AV;@^=GS\I0YC2JJ:H1][&,#ZP:S+YJ(96,GPW<#!;Y/D.YC?=1
MKV_K].:"VC.G^F:^9W@:Y0:5IF$3L[7 %]*J+7GA'5=G*TY@D.J$:CEU 5G]
ME)MUJI_9;Y8\^_]L(]'SD>3?TU-&IX#Y@P5N63IA;1PZM,JAY[EVPKE#L)]O
MSFELB/J]LC)F_ECQVPEC"J_WLOQCT7>'A]H?EE_<7Z G$\UZ1!$@*B0N0.E/
MW'OJQ=B(LKLAJI-7>4S" [_68*6J<'UR?":O>+Q<+F9RIORLP%[O-GO>#QD+
M$LQV!*N-^G[3:JMJ3).*+;6YHC7(FV)98**'Y\%8JWP/>F)B_%+S]08AO]K4
MI-4MS=<6TAA*VFK.QH$/">_!WBU^ZZE;("X<)S>$TIK<*;)N-X-0Q] QABA3
M*B:UTR+\8G$YO;U3]\Y^ SS5&BJX%1GV)7L]OGE8@>@LGZ<:H(%^]'+))')>
M?MQWE9,1N+;KBH"6:,:'C2-=,P<NDVJ!UC/*H>+22TA>>/GZ0,ZK#:>NNL0Z
MUU&)=*EO<]GA@A,O_9B2%U>=VO(L.UJC9)GIY8>G@.?(G>Q>FWB5W.S*^1<#
M[EONVPI&_%L+;VTRN(4/S#78X9UJ/NR=N*VU^M>WLETA;EEEY42C J=753X*
M4J*FJH?DF^ EFR<%V=H=3\K6SY/E36V)(AJ_48J[@C)C"&H=0I/ZO11#SS,,
M .,[.J%\>IQE=+/!W&_+7S90N0$,G<=-9=M./V)+G6 =!>A]S9;(YF!8A_H
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M5'*^IH<2U ICC(IDP%-KZ<3(0'(MR0/I%(*M$@F-E!DJVG:A8O%0C;<<JHR
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MC8+K DCOV-*[M>YE6WHG]S]02P,$%     @ ,S$+6^NATK-]!   5Q<   H
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M45IA#.12I> B&7 :[FA V#E=/B[V&O;.7COK=1/NU]^L7PAMHE:M2")Z%Q'
MWMV99]Z>G<76A?=Q.M UZ\*QQ_@)ZL_R)M[4&5AF^8FC9C5L#6?C:W"]ZZGS
MOA$F7/:@TTXE>"RF&5S26U@D,>'-\D837"I8V,"%N'3^O>OZ$!.Q8KP':NKV
MOS&PSF>7WJXT(R0QBS:];\DKYF;L'UJJ;PR.^#)+^Y:I!**]\_TB[8.D=](@
M$5OAD&"KM=PG>&LX<.[6;,FDKIUT6UW+' X.U)3GC(-/N:1BSX$8.0MO<CX9
MV=YD=JEK\ZN%>V6C>&_V?%%Y$L,Z9[IVU7);HQ:XSDA9!YV3T_:!6V6[NF:/
M9W//&<//$ZLJ0+KVKOT69N?@73C@VHNA?>FXQNS/J7,-]LA3(]UV^QGI8O_&
M/B=?_)5GDH6;?<*?<%WS$\ZI+UG"X9;)-<@U!9OSG$2PH&DB)"0A?!"$,TG=
M-1&H8!X1R7@>@R<0$QRK)4=1<),G_5$2IX1OCD1Q]1I0ZGDB8M1G_([Z12%^
M0XD R@,:P&\YIW#2;NI:M]T]!9)!R"*\OX7B4C\73#)42W@ SIV_)GQ% 17%
M+,L4;'RIF0&1%-944,2["ZFTHD;4+.;FJ%QDZ%8:-(&5ZWV2$I_)C:XI1;M"
M&0^8CU\"6-(HN6T66I8;S">!$5'0TEQD.>$29 *=,ZB)JO*K(JJFLHT$2:K$
M[$ZO)ZE:0>2%S40L":>9,;N+*.*Q_2((JE@4?")[!YMQ!UXPG9:N>1BAJC+"
M/(HP#3#G(Y4%VZ05]"9G@L;(-YF*7+9-A&."-2&@<WH<O-Z&^S[%M^E=A;SS
M[N37,G/BHE[ZJ@@.UGL''OQN%7S&D<AB4D04V5,2AC12LTB=&80)3(T4Z5(E
M04$R)(H0.>Y #+D5!U+,BJSDHY!QPGUU'P4&K!"M6 AGY5&90TE*1:$ST[4J
M<2JR;1VL1Q]/",\>3AT8.=.I.[='D\L/[QOM1G$]M\?C^OJ[3;QE@5RKJ>U7
M?5@F G< PT^BB*09 JJ_-8K#I^4M?N1T61Y:QS^,[;3]:I_N'6.R]4I4=KY2
M6W7[K EJH]VZW!L_A%WY9IE(F<0]&$;$_QLZ:$261"PH];RD6=9D8&9F"7M(
M><(DFH?T*2QS,MBU#-\6+Q#.)ZR0Q\+U$K!*M]>II7S_YG_'/P>LT9K1L/*[
M[R<YQT9\!;,P9+[*_\="8!9\.CC\?>%@X+_!+D'7%G3%,BE4F\^P@0-9');4
MKOY1M*JJ42/J&**"B!W"&B_K8TC1]>'AI@SMPT/8=#HJ>P<WQ9X@$74W>:_V
M9^L+?C$,.&<T"GHP)RO:Q^4W.>6^6M:'65HT1SV8$G2S8=3U.I[\46,JC3%D
MDA8&U=9M=[JWZM[7=S^T\KX]V6U'OFQ7/M]+'_897_0C#S>Y>^;\I(Z9/HEJ
MAR/^SR,0T;!8L66F'='WSJQ)H28$RT37U%[:\:VIG*L<^!_\I?SID9KJR47Y
M*$,]\?@74$L#!!0    ( #,Q"UO<X] VUE ! %-V"P ,    9F]R;3$P+6LN
M:'1M[+UK5]M(MC#\7;]"+V?F'%C+.+:Y)]UY%B&0ICL)&2!]F2]9LE2VU9$E
MMTH"W+_^W9>J4LF2N:0!8Z)9,Q-L2U6[JG;M^^6'_W<UCMP+D<HPB7_\OVZ[
M\W^NB/TD"./AC_^W?W9P?/Q__^^U\\,H@\?@T5C^N#+*LLG+%R\N+R_;EQOM
M)!V^Z.[M[;VXPF=6^*&75[7/]3J=[HO?/[P_\T=B[*V'L<R\V!?FI2B,O\X?
M'W\UC_;3*"P]BM_H239>5(:&7X/B!?OA[1?\8^G1K/;1+7XTTX^&,MGL=7>N
M@X.?,"]<S7NVBS##"L7O;T[?%X]G]<\7C[[(4B^6@R0=>QD<(8ZTM=[IK?>V
MK4'6I?!+ \'G]C"YN'&<W?6-KAZG<CCEE>+/?4^:'0_$S';K.>$'>*.WI1_,
MLW3NL'LOX%?SH%P?>M[$/#SP9)\>5#^41Y7K:1()6?LT_5)Z/,C2]6PZ$;(>
M%/CY!?Z,[_36.QO6M@@_J%\G_%":PD_R.$NG]0^K'TLOR#2K0@]?EA[Z]/[\
M@WEJ"&<89D*.O%3(MI^,Z='.]D9G!>^P\(+7CHO_^2$+LTB\_N$%_^O\,!:9
MY^(HZ^*O/+SX<>4@B3,19^OGL.H5U^=//ZYDXBI[01?]!;SU@H?\X?];7W>/
M0A$%+]TSD;UR/WIC\=*]"JY>N<=OZ8\OG5[GR^>S?_?>OMO?_P3_(&#PS^IE
MF(W@W\.#MVON^OHMQ]K8^H+K_E)9[Q>]WMN/M;F)+VUV=CK=;WA[:^^+ (2&
M%<!_]\<B#N!_V5'D#;\,O$B*.XRT;XWT-O%S&BB4OA=]$FF8!$?PG?QR],<=
MANQ90WY,SE,/R?K9=-Q/(@(Q2_.[0'AD#7<8 ^I,#P#&U(N.XT!<_2*F7SI
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MZ5U[>J=F>A?P ^M58H83P#&>1"%;KCB=<NYYM($:\,'AP<"6X'$4WE/ (U_
M%@8YV5%#A(D-7T(*9_ZP+57V1TY \H 7, ?+N"S08$89"<F@[9[#%VRA(#3,
MO*\"DQ?<I!^I.TIPD-TKFI(QUX-CPWTCSRQBC\I=@*^O03QX1GM"8-/(@Y*Z
M?ICZ^1AQWT>4&F3*XV*!Z+)_Q/:B)+Y/N39L0\SCXIX'#H_=6 D6818#T1T1
MQHL<"7-0SX<XNYELP(7TB;3=0+;P@J%481QLIT!2W",UC%1LBU-MGA$"7*N$
M]1HEK%'"GCE=65*PS_??O#]T3H[<@Y./YZQZ+>4ZGDVF$ P)='"8)B#IX+!)
M^M+]GX.#P\.CHZ><!>&YHQ1=*?_C?>ETNBNO/^V?GKO'/[SP[BDKH+XTO#F,
M3GLKC!]:M^_>6Z'[ZA&#))R)?W+ NF0ILB-^XY$/O;?RFI*-NVU7Q\P__/$O
M[X'?PYTN'WGO\8]\ _@':64GI'Z'%Z(Y\4>[X@LX[\V5UR=P+A<A!CVSFC[1
M3G!MU5AV#.@U=_Y:'-@"')@(;DQ900*.P5IV%-ALB, U"+!-M?\3S&B8NA\X
MZ.X\]1"H93_XK>;N7WOT.RNO?_6BW-Q]'0'URL70_CPS/WP$G-B7$OX?GU]Z
MJ6"[(0C78,6NE@(/KS P6RR]V/^0Q_T<R,#>RNNW8I+(,"L3 :R4["E_QQM/
M F-8>E38:6[^?$3H=K#O5R#&$TWWG\FI[S8$X-IS[ZZ\/A+*3::)OM8%B!6(
MI6?Y#XD"RW_Q>Q@K)-RS21)+[%^\W&>]UUSW:T][DT_[F=SLASSMY;_9VWS6
M!S!/$H1>O.RGW>TTE_O: ]_!K%XY47$IECR_]"??V/*O._==5.*DGX83VY*K
MN[DU1_^<+WT/%#>F\-.2V&Z2I)\-#7A(;\[2TX >Z'&?,:$U<+'?!0QT!-I\
MZD68NIZ, 2F\*_< 1'P5R+?\=*%Q[EV/$*#7'9X>G^V39G\J(BKYB1@0!LKE
MM_PXL$3&_,>/XNEMZ"B>_78I<GGIC_TA+;GW?O4?^^#CF*/V^.C?M-W/,8B!
MF"-#K&$P0 <?Q;@O.Q[TELBPMQ LT&%\O;;[*4TF>$C+S_@?]-2?Q^W7A'^C
M[;X70Y !X?1]0?VFFN-_[I=^4QW^9MO]$,;"/?,&(INZ;TVCH08%GDU\/AWX
MEH[0?X00_24^V.=PM[?5W=YJZV@]+&5\6JV,QR6XW,._<DI?UNH?U>0:)1%H
M@#! E@F51,U]L=U/>>J//.4 YG?=(HN^P:YG+SCL*/S:QL99JJSVD:D*BST'
MEQT)-A[2A_0<2,RN0H$=)#&Q-Z1T:$-74(K()>;@$]W8MVJ[%GARD,2<EZU,
M3U3E !\QP>8+HB5X^,W5KS_W/7WN^VWW/U@D-\00X M!9PA?1/JS)4BZ7C_)
M,\V*T,2T].1AHR$/UZ$)A@D2FNRVK0M_9I5-P'H^^602T6=,*T"NX:Y^CKT\
M0/?$6H,BSYV6=+7U<:_M'E#M)NP(2Z@!Q,,;ID(A"W7>V.?F&AX5:(GU1ZS&
M@2]8TH>A.TN/00^9F_(<B(RV6^X!+P)A(DN3B"D+V;&"YV##>% <>!Y41%LQ
M]]ZTW1,JX'-<=)MNSO\A:< CG_2FL6 MO0EK8ZD2CA9RK[>T;[+3!J:.'462
M%%X_-$T]3G13#R3Y![J1O/L.>WF@-+#\ D 3MW ]BF@[9[?;MO#BP.H6TZ#
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M'$]A1TT4AI15LK7PWCDUL1^*16FG\BVB+<A+9)LY8>+"O57X1OJ&V')X10B
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M!4UD%(%QT:7B%GI&"Y9:,"2S564'J[54YY9><]O_9]'C()2@M6!\.!!_U"&
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M_@_]]$73,.+9]"E\!'S!:J:I+[#1R$MGIGU$BUI.E+M-8.7PECL!H364(Q'
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MC-[H$59V]WH65I8(N8N"M..YP-+#,7P$7B2(!*RB9P+N4#9=P^?W]O;:6\1
M@9S C>8;L@K?[FW]>ZV%-QR>HGWU)A.XQA[=-<I+$Z[PY)2=+'&@'#+ [?RO
ME>7-VP]>GA=)(%(P..TNC#">D+H1&^=,+=^""T\<3YT*\[H),. +("C( MON
MYSC"19/&<1E*X<B)\,-!*()6F:@1864'CQ==(ID$_HV3P.HL?EP^LS/-V347
MELS,-30/1 6:"U_21UC]<$Y9S*/&(8TF\@1L"3-2+KMFT80@D83A35:2.=Q6
MN#1]N*1 :.#WF(1L3GZ5(AJL&PD>)8NA%X=_L[-W1@;W14I4DL0&!\A$XH?*
M*TQ>8"&1XG,01II'2MP'>I$EV#>>.('6*$H:@:U?T)QXP3_'*%&[OP!/ <VI
M!8L!&A++L!]&0%RUK.^D!BTU+1N@E@60177JBZTQ$>'S_D2"K9] G0F((5HW
MI1X/*4W+'8 L)4&D"I1LY^79*$$R#X\Y^,61F?: %4%WWSRR>G2POX9:&!+/
M,. #*;\$!WYA-N2#.M%]'\-;D&$H^GAT]@&_+-C<9P50*%$M!,811>[G7]9!
MW,5)O/BK9?PAGJ6L0Z&I#P#[E8Z5^USF_3_1C8_RHYNBB0@W(459+&6GN;U_
M@S CEJ=.&=@;?FPYOC<)";\">-'SIRU@%C "H-&4.9L64_%O9+TI8$<CT3VB
MQ^3:>(&=)E[@WN,%-IMX@:42K1JG'TD:P+90FS.L5ZESFN>2,=3PD0EWEBNQ
MB)(3@BV':$1 S2(09(>L&Z'MGMI<W6&'AY^,QR(E9EGV?01BDL@P*^MG& GF
MH[1C,5MFGF39T7P8EP,_D^F5C2 '24!<3W-Q?.)C$J\7%76<3V:E;!:\!,YN
M"S]D;ZQ:3F&QP.W^!%V2%D;<&.%Z VP:9SR,AQ&LI^&$"U-UCM@1YAPJ!YEL
M5)W% :\/0WLK)2@KXBO*INKV@HP:BQRTD:AEJ3I\\X .^,(X!+0C BZ919%8
M]B0'"3Z(]"4)E%]%YFCNE]HUVG)L!ZM6A.0E2"/LMT%WBM88V$JJ1D:Q.D!7
M!=,%M.VJ]="DPH-Y],S3MGM4^8[5+;:G.'I<5]M9M&,'/M&T^B40O$E-0G#A
M[SC##\93TL*E78+4I3U#9"8.E0DX"\=JLZJ69X"9M!VRWI ,8YXQDZ,6 G0>
MK=-)' $,+KTJQZB< &T&Y:INIV";\RC3,;\>AAQ;@QH0&O*X"--O;*ZA&R3P
M*K+7?DZ>"(EXE&GG !]F"W[,Z+Z2A2\9 +9H6R_P1%([DQ3-J*","JUQMY2I
M,03\N$1K[,B+!CB%LD#R%QC=XL,2DS&]@NX2=F1PY(1&)\ CSY7>0+1<,1@
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MJV87"N["\>UDLX>!F:\9&K C89U(BRDE1Z?T2<.[PREX69:&( 5J)54)F=K
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M3E_O*E5/9SEY=CPE9Y%U@>N?>%+B896]-WP6%':+_<)T.I(S4#V=KH69JZ/
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MT0-01 *3R6F2FM0I6)<WM.1VMZ_3D]D,#PI$NPR?6AIWJ@5Z@70EA^>F.FJ
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M' _OE:[*B';P@DLMVBH*+9=+RA*05+8B2Q,J9B4BI9,CQF68^UD;5@K7V+G
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M,[?1JK@;FYA"C%V5-V$*ADH_@FD#SA^E^<4\\4_U+=:(]LTO[[0(<"?,-3)
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M^Y$KX@_!P@=TJ@O?J6:,J!"+&RALCVNY?N<>Z*E]9S#>^0#&>W@PWMD QAO
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M"C?:=)Y2$;>.<W%XB=6/"#E,+S/2%*:ALE\?R 9VROW2+C?WEA@#X#G>-(A
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M.IK0]V5QI9%\I)*$Q$*%<Q5C<2,5/'Q^T*+3 5KT\-"BR0 M&J!%SP]:A$:
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M;B-&P^/U]6/MH$2O^.:)SWLUA._W0'BADLD1P9>%S!>**V.:Y_1A6:QEZ*@
M^<*7')?N\*Y0J%=RAN;BPW>D*C#(:6Z38Y6&?AI[NM.A5"*A0$Z*![0-H.FH
M8LJ+45>Q)DC,X&4)!YJ^1 1$9-Z"OB@Z=@QE#8+!=3L?O_&&I^%^+GNP6;N[
M!MB,)67/36-G\,]BMY4XG[ V+P&N3YQ0U"G+.)7D7-";:0;'WI6*X6(>PLE7
M(N0@90834JNLF,*F@L,[+Q;$_D)[C2OS*_?"ZR3&3,="[2ITX;6#Q=QMAYX
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MKG.XRNG@G3J.%\XYN](4VKL-+7O0'<:'SE4=K(.L1QHGV@M8#OL RRL\G01
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M5%)1FM@KR8O#N5+K2K+)]?K>UI?[3B,:/BHSHU).2KVS5=)&PJ"$TIR8*Y+
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MX=RXUO'<HS@\/1^=O[(SB4QN57B#<3'FVFS/8Q]CQ1] CLDQG2A%0]6P/,K
M6]-)='(V[G[)FXJ3D]'IV$KSM.$MF]X]M!WGEQW;W79R/'H-BRN;[LWHO+.;
M9&E.1N-)9T%Z8O?ANC=5%$3)5H&P9,8N3:2SYDX0E"I0X".\OF+:G"M0D'[<
M#X^Z05A--HX9AS\<GQY';\Y/O,U/1);CT=DX^-)+9EATC;#0YD381XQX!,*E
MMP_AU,,]]4]W<>H?ILGX\[3\ZNN@?W-WCNH3N)K"43T^>]TV$"=\5&\XR]&D
M'X-)/_\RU-<0_Z@F(9[@J!YO/*I/\*B^]3SWC^KSUD$]>;WIH#YM??M-^\OZ
ME ZZI_2!;NN#MDF;#M7)\>C8'JKGH]<G_1NC][C5!?[KCT7O1>?'7P;PCC=K
M]A[[7?WOV'1NZ\UHS^UP42"+]OIS.WBX<WMR_CIZ]>:L_]S>>&P'_<?V@2K9
MG7&F9P/.].%QIL<#SG0\X$P?WA\]&:)0>Q:%LJ<>G]VGI]'Y>!*=GIVUCU!B
M;?G#!L^7'-OCT62=7TLGL/XHN+M?:Q^[P:W%QJV;/%8:A?%]@S6^;RL"U7)4
M-WJUD[;+?'1\OLZQE?!3,#BV.]\9ZWS!R<BXM>>C\X[2\Z;H]7=O]VK=MTR^
M#/@M;\:O1^..CRSOZ?J\#^K8!H\1D)J\BEY/;G%L@R$>M=_"_WGZ]3_F\Y??
M,,02S*92-;B/)::\A?-T0/CM![:?NK401EA:O[T48&Q8T:K%SJH=*"/1P:Q.
M3_/I-ZWFTQ>C\'^P+UY:Q\1RBC[$_Z#!DW]C'^JLJ!IJ[C %MP=)B;$3T,]I
M]7'8=;O>=;;5CVD7$NNF0%YS0NQ\5I1E<<,-J.+5HMVOSZ+]D%P-<?X:SK^A
MKUG0;BV54DFS@I&'TJ45R3#Y0.;&O_#4HG*$P\/XJL@2 >2+VRKVH_6LE:EU
MEGY4V/AD9,/F0M-"8N0%N!YE>LUZ[/>9*AM++8KE._!=_2:'8A($RXK\\B4R
MS\&SIK7[V\$/V N#-AG[!NU\U$_KB2O]H5DN,_HW:O>W<1V'?TZ_/OHUI_)^
ME;Q@H/E@TW:TM'#NE+#7LE7P+I]AZWB7T_ZQ5N50%N"AMU%Z.V+K,3?#4&3Q
M&$46D]-/JE;XY0J\";B=Y_55Q2IQ0*46_S9Z_&AU%EVD[V9!;ZNHB+ &62VI
MV[9$2_"<<F(G<$:]V/7$?D":=.IZ"Z:!< KAO:I9=C>";]5,!C YS %P(QA7
M^D,L@OI<A7_<4A Z#F\4AE;Q01E8G>_DXK:'-5*#,(,P^U-7=WS64\>UAG:S
M)].PMDAMS2,^@7CR;I5MVSZM_3A9I+--),2?Q,?Y;&:H<PH,,^3/T$8BZV&&
MX'FO.Q[H,$.MJM+3#DGSITW17M",<]6V:OEH=_9O[^'3/C")=O>8V'.NYH<;
M^:&Q5#_8R+MF_7,9>==<?RXC[S'#3VQ[/XTPGXOO#6D^\F0<\&H<W=OLWC^2
MN ^COJ_)/>A1W]O<'O2H[VUJ#WK4]S>S#]"29+UWN[]QH4&809@]B"5V O!]
M6Q1]$--="I-\3:O9%--W[>&,#<(,PCSE+KL/^9G7LO6K+A,>'KN))A-N1UX>
M:=Z..J?Y!G_EL63H.%([D*'CPCZ]#%LLQ9/LI:,.G^"C.'-;T]+=NF^V[67\
MR//V<E_6;W*V%SMJ"_*\QQ;B?/S(/();2_*J2S"Z3Z?3FJ"4Y>ML>X+/NNWH
MT22:G';ZQ'X.U_N3:'+O?JN'//#3:/SF(7I;'N3@)V^B-R>?;<H$1O]Z_)!]
M39\^=W!'BNT#6ARTQ)]G*N$D.CF9?(8#!TO<;='^N=BBXW'T^O2SM<3]//Q[
M@Z#9WTC6(,P@S![D&.Y\J;R]"<336;$[PP+[O14P'8=S:#_(F,%1.;^O^WR@
M8T9NK$Y@:<]/Z8<8-QS0K[J=2SZ/@?=TCAD\D\,Z\@9A#D*8I^]U]-7F;D<?
M'K?;T=%X=+Q%FN*>N9(M)7C=B34\J00@P!XTYCH9G75"#[N0XJ[=KX9391!F
M$.;)3I6O_T4X.L3(P3.0\3-OB+G!,H,=.3P:CYWDI@84>[(RI]'KDT<VH5O+
M<A:==&.I.Y/E]:M]P?<@_?,]#YAGTMC0\BZY/$MM'J8[#W #N=+V#^EI;]"/
MYKV33,>GR]^?@ "_67Y]- %[A_]AIKQ'>[>7_Y%%%N8CDB\IB#.2+#]W27&'
MT-D#A\(RMKDUR*NA-8C^\.%:@YP,K4$&VL+-+><&VL*!MO".(GV2] -MX0'1
M%FZ#P-P7U>BE+3SYI#O+[HD+3[WW[(F8'9*_0R*'? #A'RG*^=W_??_=3Q^^
M^["',:NG$.:N3]VM1+V3^9FMV"X3:0,EX28JL--.6&T@2VO-T%FOC+USLU&P
M89INF::-=N.YS--9)VL];#A_AB;G';S6P$[XR9BR?IVY#Y+PT&"$#S?R.YBX
M8?C;F?4#&G_7<G\N*]]CD0^JV/"9$17>VP(?<I'=T:=9WX=++[SP4JS/?R[7
M;=)ACF\AUOP<2V&/[G]4#&2+0\!T")CN0<"T^\*?O[OXX=W_^^[;\.*G;\-?
M?S+__.O%NY\^8"G"#__X\.&[#Y\KR^*PO0YMQ9YD>ST;PL7MR?4>6X;;G_AX
M/NACC:S?%=\'K_NQ1KP/!)['6Y0?#(R1?0Y^MYIZ!\MW>OKT]B!\FNUQMV/\
MY2-+LT6-Y9,<WD?'D^W+/?<BX?.9$E%.HM/SSS9#=!*=G/4#"3^7&3@ZB<Y?
M#]'%QZ><.SZ^)^G:5P<ZY+-H\B"&9>"\? RC?S*Y)P?OH:HCF/KQ8.K/QX.I
M?P)3W[FL/N^]=1J].=LUO?&02QJ"W<]CQ?8IE_39\6M.HN-7]S1E3VR]'V*T
M)V JSP_1*7H@6M$WQ\/5]U%)3"?W)5H_P,UT&KU^$.;2P0L:O*#!"]HG+VBO
MN#S'HV[3CH==KNVD6!-*>'I1CL:C-_UP@WTXL1]CZM_<GM+]ZG'>/1E-[DBB
M.IQFPVDVG&:[.,WVCD-TL@V(YTE6YC0:"PWSK0^]AR&]RY2,^Z_?N]H_8&NW
MP0L]D2R3NQ*]#B2B!TXB.AX=GZ7Y0"/Z6=*([J6<VY MG@QDBP/9XD"VN&;%
MMA/T.9,M;H/\VA?5Z"5;/*0!=*D6#XGKLD-B^)D)/S P#L(,PNP@YS'0+FYD
M@>MPR0XL<,,,W7&&!NK.VV:HXV<.,^3/$!C:AYVBO2B]>S9<BUTCN.<XNF'D
MGS[RS[9ZLFNN/Y>1]YCA@ZIL>V8$B_<V/@=-W?:9COJS)-.\MZD]Z%'?W\P.
MY(2#,(,PNXHE=E\X,!(.PGQ&P@PTA,@\MCUEV^,)L05:_?&YZW8OP\O;16AC
MXAY9.;9H#S_P^?5,W.MM,+&/S^>W!S)H[/1.I7AUUWJ81S0S)]L3O^Y%V/\S
M9=P[FD2GQ_>E2SGD^_R;:/+Z(6AB#G+P1R?1ZS>?98N)X^C\OH1(!SWP25_]
MRD&E"9XO 1XHY>1UY^3^#)02;/"KSS9AB8POX\_4!A^//T=U/S\?>.D./)8V
M"',0P@QD=/[</ A#&9CMX_NZD#LPVP\Q9G!0[DM-O#,'Y:'8Z,X^L1??P8T9
M]/N0\!P/,>97]V7$&SR209A!F/WR2/:*&.YH/#I]O'3G=NQ@6S"3?9+";#D/
MYX^7G]I2@BXX\TDE& \\;8=DJ@9A#D*8YTS.]F:\A<5ZDI4YC5Z-MV@Y^42R
MO'YLMM4[R#(YV1]NMK,W]SQ@!FZV@9MMX&9[<&ZV76R"X,__W\N7X?>IRI(_
MAN_A$/L3_/H_C<IG\*N3U^'+E[)F27J];<B$!_<25)8&:/Z@?_"*=.1.E&7;
M$9'UJ>+Z@Q[DZ^61[K>&3)#3VMWNY.EI^U/XRVH)[[\HXVDZ^U/X4[Q0/+4_
M%3B=)Z?NK[[2/\./K'YIY?KS5S#O/2L %]2/+Z=J7I3P["4MFSOKKWIFG:?#
MZ*JC@58QEMX+73%1?E*&P^'$.YAMB?R$]+ T^<L7<9[_[W@R^4*;S7>U6@1O
M1B&G2(A9#4G3ODVK^+)4"D%U%2AE?15>S&9HPV+\P__/WI<V)XXL[7[G5RA\
MS]QPW\ ,^])S3D< -K9[O-!@]_:%$*@ V4*BM=B&7W\SJTH;"!!8&+#U1KQG
MVH!*5959N=>3FFK_"0>)/M"055'MR:*"C_84S; PD+$MO,.=Z/.#F?R-II+4
M@<[]H#<^X*1E9TY:%8X:/*9KBD'/35/7>D2R:%EX?%IV1#2@2$^Q#%E3$RTR
M$'4T%VCY_EF_3WJF_$148E"825>XQ63<K\G?#4GB3H=QX?TRJ"E9-?!&ADVM
MGI=:8X=:0&71%"@X*#%@:H1:Y$2ES]#O9!6LH!&M$1!T,*9DG?VF2^SAX6_0
MFC*HQ;.7'E6CB6H/['LRUG3$*C7@GSTT,*4D>[-AX#\-:P0[12O:<4[LY_ '
M*EL8#]G/A"5C7D#6)$,PQJ0G]V7V-ORV37J6+ILR88NR7PZ,.1K)!G*S'1M*
MZ);"?X6+@5W$?]+E&59OZ%LC3%?L]:R1I8@FGUH/!K14L&U-MG1\>7THDSZ\
M$^: YT.X[??E'M'I[]EWKD7 OTO ^:'S9J!P?!)L.-&29).^2#9-0N [F,88
M=FNLR_#:)/Y.5!3MF>Z),@%R]61<(FZN?6(=\KATC]7@#B9_KX(SE4"R@G].
M]"=**$IM:DCB%V,1G25Y+-I7HU;QE/O]'%\)LWSE^2,!YUZR>HR3!?(D*I;O
ME51B./"$J^4%94R)]&64%!:NTSUW>.A;<-"$3$X\R12.R2?Z<*8@L;]2B9J(
MPD+#XPO'S)U-,L+EX\Q!F2$ .1YP.F'XA1>,O)!,;+)VX9G E\16B5LZ6O$I
M<A6:3A)#$3BA2X@JJ)K0<YVT>0(BZ/4,W*:,,0456(535-">@%_Z#@<QG<.,
M'= %&LA]G<I/T"O< O*](P&*#!Q"$+\@J<<*H3<=*>Z]\,>"$TV"H.\+;'"Z
M$- QL%H0Y!-!I'R$BA FC@H8D^*:*G;A.T5^1!D/,G_N 7I4$M&M/%80NS&Y
MKT55'-#P@L-<+4H3%(^7-O7J7NJYDJ]E4R\VMG=G;,\>N9%#46;R&OB]C$%8
MO Q-#(PXRL;0#AC95CK]6P++#4YZ^&/KU<.)!7K8L!5QWZ>(^Y]2PMV<] PO
M*M% MNUXK]>0@,^>9,DCR B6]EBZB.%7W>=7ZD21Q:ZLR.8$E7/0:VRM/X:/
M1-TQ6MR?PH::/#Y'-_B%+2 QMO0Q."4LE-=#QX-.@)I>HANT \,:QAGC-@W
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M(#K[%DHI)\Z+PLJPN@]4A3+5K,O&H\US/#2#L^J",!ZAT>P,B1_AVO$];K"
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M%5=1)C:(C[,)HJ>;! OAJ1RHA^*/Z&2  -2:/A&P9%$=L-"".N#YC#C1M*-
M0U,G)U7$R7H"WFIZ8?UB"/Q=3[Z* +U]!#OJL7.*L1_X3A"[VA-)SEQ'4[6
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MX72 F/NOV.%5DF$SJVG!_H)2++X":_( MW>5--C,=EK$OKED)41KO87[&VA
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M:V#>H/!A(TT+/'%1,.31&'@5Q^MIAGE"^GVV&XD1$54ZZDA\Q"/AESOPG*R
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M[O\4BN?2V7 /:+"BD#FS%DKJ<@H$(6IP"L"1LM,-:&%S9PA?C%\-- WT"5%
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M'(([+-S=W=TUN.MZV;UW=Y\^9]]W^EQY][UW>ZYO_JE9HVS4&%4U9('GP>L
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M<N;Z8 *GZ*\?/<=A/I1;-3I[NF85]^0C(=VO^V?Z"25;3CX5)U&%^CAF;GP
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M;7"1"CX*QPRY-9'[\2R'=J'SKD(<J&MW:77/-B9T-UY(EJYJ,Y6X56CA1"U
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MPXD:RWM%/#(&.H<E.-K$3)1#!G;I!H><^SK,YI*X]T@8B1_+VNWA:*$J2J1
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ME'@LWV[ZX>_=S,B]19Y&G$/>AW35-5)OLG^._3[BVD$_G&ET,%".LT6_:8;
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MOS73-5J#Z8U%M#8'ON4TQ6X,:HRU<+@\,R<XG;^9^K; N97) C_[&/M%N U
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M!0ID2F!T/*J*EVL)&3-;SHE-V<!RF#Y[>(*.6$#+&V]/%\('/(H/@^+L9-Q
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MF=TV10K</__UVBQPK#9_;J77T-Z92.5=1#;+'K 5!:Z<HI,O$SLV8HP& R;
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MF68\LF8XT(WA3UR8E\]]F[OZ[ */YS9LTR+V(MU:JL9&EB4,/2K+9?#1J/4
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MGX+VL-<UH:(AROEK29/S$P T<&&J9X,(*\U$,#Z*))85MWBC.:Q6LPYSJXI
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M[7L,.Q+0C$4M"'7.,\/AS#"%IR6NVZU(9 ^$I5I<HWA#5VOYV:N'3BG-=;?
MT])JQW]-LXK_-G*.VHU.!!@0YWV.I96D\;E;BNZRJ^]H;PO$1%A)*/@:N0)P
M=L"#LZ0\32N?QT4 >K.W8%X45R*?+5^"L(3$_)G__X-;I#!UWBR@-S*O+4@9
M$#,[B(RUB*5*P@(]/.1_86]N_C:*T!;_&[&/[2-54U,OPK*T/@-G2M>?1#?<
M!J4!^?TMDM)0,<20ZZA]"CN=QUVL3&Z-&N\X#=;JHD6.&5A3(^ U$GGS9P(
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MT!9<4OOJ3!BJ)WA(*$)42/D5CYMCX%JH$Y>$=&JSK;DQ2&16/U)O<$^4(D:
MUQV6AZX7"10K 7."-;5O[\9,9>V2^-,O8)J6#Y[]GT_6MU1;I'C1FR6M.HHL
M#((4,B'@BT37X)]U9+:1F5S+%[<J\3L1B=HX!LHZL0_E:ZS]2#&SI!GT,#/;
ME1Z9)L'N>T;7*BI77\_*YX ;+ZM\OS.#]8]7K$"KLEWY"0WJKQ]NJD .P"V9
MT7NM'_0C$D9DSS3J1W_?*M:^V%Q4YE18&A$+PV::Q>=&8D\5UXRD6HK9= V-
M=OABS/=HW;Q[D:N2'+#T"I_:>00HI\B.X07MX92R-ZNBZI_=)0/XPVK-)B-R
MV/-P'7BZ9.,C$E(^8G+B,D<D=MX$(\U$GND_B(W=Z]O<M=5RX'R+24I^V?-E
MK0)HE3-3S2_IS $)NE!39D7M&(K Y(\P/AE5;YUA?^!<7T8;S@U3#UIX5^>E
M_P#,K^#77V?D14-[(,[_A#@<P[4FBEC-U%"V+T.53-$$E7B,FDZDB^3@M%_8
M!YR(M'[P]W1G[ 0J+,3A<B\.?47:GVGE^X)X?NTO[3YL[J0D+UO"/(;PCQX(
M0P1/',4+:6IO<)9QQ3%[Z<Q2Q^[V.FNCED.-<HPF 3?B<FR#1'[>YZ1CK1*(
M0!=^)1Z30_THHBF#BK.HXBL!-(^Y)X B<,OK"N$F2V)1KH=$'W_F $Q@Q-E.
MC:4?^>Z>#7CK[+'BU+ 22F5\4DJ9O1">P#AFV_WL?N\XU,/2>NUNI[2WL>&'
MSZ3/@A/M/0\'2H_:.YE7.45#+1,)P);WJ@]V[&D%&!H<E1-$%,5V?6ZT%]0G
MW^2? %WO]=^+)L2/C M@5]MK.6:[!.R G4K,-UPA3MF@5I\<]-</PFX% 2]7
M7IOF/"9O7W"L(7H%%L<^AHEK;(9E)W(?N93I!V0 )9K,.*>?  LS37?EE*%!
M&!+A*C(R39?>GN%?IVL$FH&&C8/6>JT@B;PM9F59,8Q.P$69>^1GV<J3R7%[
M8PH620> *78)$6T_2KWV4-FU?B?,BUS!IEH4(UM\<Z"?L@I C;1C7IRA$%P0
MDN!J^L)*G2M'>_N,+<,4[.(R&7Z5?E->+W-[RCO^;.<M\;//5N<[^6DCAO6N
M@#%NTA&CYCI77X]OK] 2;IHR)23Y5$LM5FM\L+!IR+^XK:(K3B=(Q!51T_+]
M%*&C&\2Q"H@'C[\7/FUA %[9\:K$>_!-?X*V"$Y(X#V4\>>2W]T@&R_4P[5Z
MNNV8+_ @&9;&2=^G/S8HD5C6#-W)""IND^8Y3#1G*;.X_9F'G)X L*RTN,L*
M2U-WSSO2KW^2Q2H$(#IZYL!./^+1.O$L[?@?^>MT] P'K,$(:]G9\X$"&%8E
M:DN_D2X21=#?F/<YTS'"2K\&<0E?%!7^0O?&&J9S,5:B(@--;,J=O0D4&_\S
M-+=(B@>9IVM-XN$Z0%@#\:X@9@@O[[5W4R<V'O%:EB>G?>O6..J+(1J=J(VF
MG/<Y=%^V82GG%0FTQ4KD]%RMF1>+FV6H:8@T:TO(@RN>6WE@X4Z595N=R50S
M'<_.]9% (\Z+]('JEMI&N<8LQW@KVS]E]X%^KD5]+?I:O,P2KI[Y28RH0J_9
M%Z6PSS/0E2NT)KE&P,G\E8'I.PZAQJ8XQ?>W\1)Y!*X)>-#BAPMGQP?URCRB
M;R<<1+L0QQWH(V1QYUYS?=C[K8O1Z*<>^YN[K6"*A X=GG[R-!BV9N:+*&G
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M1,5RB<;DU]&"+SY1]. &;G\;=-)3]=545LRFM,'RR!XK[W[W;#F_W9Q\7*Q
M)9&C@*;H5KH0-85!>\1O9Y:P@WOC&(M[?(=#WBCN,L5DKI'82]'IZM:,COGL
MF7Y<*>S^EJ?EH+D0X42*5A844^91'T?"_(#R*F!E.XC#@EDXNMUY]SSKL^HG
MI//7O_!J&3*PK[E_&KR?$:%==U.$GU 5H.Z]6DF['!H]]Z2EXR9^C);P[5(*
M;LR'.NNST:>@.5;XZ-J-+3I-:FJY"M]4JTNOPS(H2"W+Z%-B5R9LG7[BY]-L
MHQF19G(@W,8=B]8#XV]&?S'B\0,-3_43[@(M!6;*Q@[TQ^9XTD&)#09V:?<
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M.;+=1G"L(A?#K"!RU)9 WXE4P$J7] +F_1*+RJX8%&A)^SO0$D_:1VX<]H5
MB]*WS-^"%>*W(*,?(BWDWB(.$#NAO!9_I\@^HY^8^2"()O4SN4J8/W(ZO7!5
M\OE1#AHS_Q^0TS\.^M+</&V+*ZLS_.!A6_Z]]Z6*:S_\D(172Y1$R<R_W'!>
MZY474=<76)Z[\<M_-#9T+!2,DB7K>IX$C#T^(*"R^S']MNQ"01I,EFC[UA6U
ME[2H.*%"NSY4UEF_X5OG0;2V@R+B4WP?IHWFJKHIKF9]36TIG!<(>WT;#!%A
M:GCBV#]J+,O^B^U%Z+'J]6RK]JJY)=V*:1;XN,Y8+]N)U2M5(]F"G^EG4F$X
MMQ&Z@]-;0[X^ U;$,AU/RRVB$N8T8ZX]YYC9CG,V-*IBGXI(0]T?5D;YI>JE
MK2KIU0C*P_F[ HY5Y;6U$BCEDOFX),LPH>FA#$'6$8&'1; P\&2!3> [O Y;
MS;6)!:9:HZ<?&1&_ *]6FS%"ZR;B#&GSLD=C^^OC&K)17X$2XK,LV!=GJ+*D
M\0TT//O]^7@/Y^JYJ!NSGA\&L>PQO@TDI-%MHP] 6_8?$DAU+$EFX+<+%[ O
M":?AD[\9!L:"R(-*3TBY-_>_E<\K4#R'>]3AV_-JK;ZT(I1!*YY4NG[ R10I
MOS<> 5=),PZ8((PXLL=L8R+K%">?^]H^ZENA_/M'0D$Z4QNY:=4!A=I:8E$=
M&8Y8!BCIH?43J7<T]H9(O4:0=="+%[]O)^BP=#]1^JSI?QX^3"Y7DK&M._G>
M&[?W1KI8^VM=[QV_I8S#4SV9>+E/:>9*M^L\DM7-O3?:2NPB=+FIV#^"P3?=
MKNB!)=Y?;*_QYK_:&IL<S1&7IYI.%ZPV$Q%OC:\P%+X*5*NF_4:  R>\*+6F
MIQW!L:U[X89+2C=64#WA?%VM%R0D4QTOH4P\T]QR2UXP?:'GV'KQJ5:V7UKP
MR#_LO=HW*&/@9P8ZYQ,.[EHZ<0)T7(9T9V>11/)P-UW@Z@Z=_,!>D6?WJ'^8
MS=7N>0"NDD[@O[V/\O_)@1>_:CFP(-(Q6WV0@I_BB9!3(9KB;-P1PWLX;',"
MP]539FE=HFG.K+.@)\58'J 37KX_+[U_/GU<=+J1C@5*\%U=0C-O6&\8*G N
MEK,H$=KC+\YZ96R %@RPHB8PM&%K*]W5 0T&!1>7[#LB,_>+SL5_KG=YDVI(
M]9DP$SV9H;=)>KF$>[I;F&2D2C9<7F"N,;)JOG'G<6NB)3GS>WU"PP#$7;W.
M?SP&^-\ZWM\#<!5K@TITX (:",_ZJYWQ^FXD"4$IJ0Y)F+M2M5>MAR5>NC+A
MY+;/9<Y:@B(9L')@12GA34OTQD\&PL458^5\7S08&P3+LP_T$6Z/$ W14#>R
MH!:1A^Q_ZL<6:F>X720/G0I4H0>Z-)0M7A37R)]/MT0><W:96"B^L9!5"+R=
M+#F:)+T'^#NDE!!W1LTNTFJ><U3 8LRG)^&U2N!QI*2F9JBDLRE)4V2%TJ/\
MGT9 _D='Z.HJ\2LB]Q!E@L1#P3 \*1OI @OB1EG+:VEK%HH(=U?5G&B9S_'M
M>R]V1<D\UR(?N5B,2TT(*AC2CCC*NNBYG*+B']6*+';2@ZZ#"0GZ!AU;<">8
M3S$1S?D#O\ [ S5[&2]UZ]YEQOJ/3]5[8JZP!'$>8N\DY_:$&.R<HTQAWPQ]
M[<'FB!.A%>@D"RK3.BBS*CE%1=ZS4:QN E<IT]>+J89AQU-$"*$#WK=BXEY$
M:D\+ EG1$BM2F'@^SUD^QHZRZSF'C][7"U!S6. ??S5N7;5+\)([830X*PS'
M*9\ CB;VE,OB05$HK*XI86BA#C%4PE?U,]H2!871 T N84%EH%/DX#CL@13E
MJ.C#<9-'2?U K-H!$&<$+4VW7BA:3_CQB+"TEGF#H!PHK84WPIIW[Y#;<RT=
M;3D8[P%-/>_=#,>@J#<SO(\Q@\<^&)@R:"C2EREQ,].U%U#XDKZICG_]A5R:
MNW<X*FR!>'V+VBS?K]%5>\1_&_V3Z24R)4VIIX4%+2RV32;M_#V P69W,;*R
ME*W^[NZN^1[0 16->Z<]</,RQ>YG8*W&,?L0SQH42:6B)(K-B=(CIMGR_@&7
M-5? ="SRO=$-.KZ>V*9 RH'5[MR-V9,=E)OAH]+%7W"J0L.G*>OP: ]0*-4C
MT)"3*:$0<!<*Y?KHJ)@-O"FI TK-3!- Y/#VUKL'K#S@NAR?0D=WUCOA:OCZ
M7O/.'KG]#T#6PIMOLB*';*D/5#IU9F>>[XT*7% XWLPTU8&7BJG>TII.:Q<2
MGL=S#ANKS^&2"OJ?-+1U(KM\%#ZD^KFD(=^:%]*W'J34<ON':TA<ORRSEF=9
M&0PHN0<$Y^(KY@S@U4?C]8A:]\/TKEI.OAVSRFR\UGG_;'XY,(YV?FW^O(SW
M0A.5]-W5V_ 0&ZQ;65B1D\=Z!;IU.XG%8UY2W&1/OI0&JR^H4A/>*;_JR]3.
M!]AXD?^ADP[-"^1:9:3YFY8'$P?6JF.@BGRW?P]U S74Q,/7WTT1OPC1LM)%
M+P&-$\T)5Z'>QJ*=.^;I;W0;^4K_Z9O))0P<3=D#\$_;48F,\![@G&IT.EQ"
M4:LV=RS2/Q?$Q84+@_F[+5_4*A/8>"?5.AY"K5K]MRTA<67X]%_C*FWPF'E\
MD-Q4)[;^\B&0H)!#I@D\@8P/,]/5D*@2(VP1%>U[H&PQ->0E!GHO;$)]^:IF
MYS/ ]%)>4NX!.38!X!'!A$8R)#[@;;ST__(J9'R/RINNQ_XR4SN+)IKW ->P
MY9->*%3LY=1.]YWI91MB\C^#6@P!GG2PXR&HWN#)D X>E8X.0B^OV4G7(QQ.
M?-#^V5SA!YB,=3Y"H3_(BXJX-M[Q$)4A487X\[?A(4$%&0,2TO$EDQ^23&]_
M<OB/DSU\WTNT6)]QB1< %>;1@K1A_:5NL[OJO\9TKOSFI8;9SU_65R%$NP<T
M#K&[;4Y%6T^^-."X^1#] ,.#1C6,Y.:EMK.6_F\IE?N04N+HP\?<:X/H-L54
M"!F;%*E_D!9+)K]_J Q?AH.($T> FR"0\E,W+SDA%/#QF\XFT',0Z@E8!&(O
MDTL-VU_D.36VJ,$CV$<*^B6H-H64?]86:+9+-)0N)=VIS_-E[^V&V7BW_EE0
MY!JB.H$W@XUE;D0+;W@ACN>#_Y/T9E-L]#SC_-,0YFLWQ1$&_+]'W]N-<1:A
MJRRS!4-"F=Y9!+FRS.+7\+3B/-^0"(7,M!T56/ZR U3%OZJ;KTTF3/V%YZW[
M/2  &A1_E[?/)9/^&QD_*5*)?JG>]+WR[IBP?3M2!B(9]/5"O(!C:( 1X,8>
M\_P:7333O[[NKX#\2A\GD+*AFYW\!%I7^8[^TAV2>100:9Y^ZX/BW?)1>" I
MT7 .U=YKJ$Z$X^CZZOP>@(+>$'4/X+@9K#N&5C-(>8G]*PU2RP.B4Q\G  S2
MZ4[^BXF/'<_2XR8A\]5&)BI+?OV91;[DG952#:R&>)2D(799'I4;ZD;Q9XPF
M8CN4<';O7'I+S6 F-!BLP0SMM<D5Y@EW3RL2#B35)-2?ZWY:!ES,2@OYGI06
M_L_;ZT;+TU(/4GO72SV.>T DRHXE9@];<0OV1'R@Z$?G5221L5(\/#KZ2./\
M5%*);PU;=A 32!V><LQ9>0\6C3,,>N'A'5>+8@J\6[N[*I/)M[>/RUF=G'-R
M$Y*CCK/&':^0V;6&$KU\_@\C=__CH[CL\9M%"Z\GD\6<EQY% RG2[WS/\6;W
M<C"DY-VG2E0G#GN2O@R[39WCHZ(<FI6LL5!B7*LZ"D_ ;.JA@Z4"'>X!F-M>
MC\$(GT9/::VG9K5U9>8&(IP5\9)TPB,(CJ=3)UL_)HYJN[A+C:TG?AL_99(A
MMNR1N^1NPW?0S6!CQ*6%*[5;+'#)ZVW!!,O[YV\]F9K6:BE@1"LW[U1(,M)$
MNI379/WT7/Y@(OW9:'4S2YLP6J-1S,_SSFGU1/S1WB32;#4&"OU#+,R-6%%2
MA+)(00'X,R*K&OZ(1+0CQB>1[E]D;5%%0(65M(#TR9GI6)>YKEF%+@5,[0O;
MCEI;;T]O.SA"ZU4K34D2M@0QNUJ (;Q_.L.4&=0N,%]>HE=]10];FXV2):2'
M\X>BM5+5I/N@:"UE^!=AM&MYI+0P\*,U\_QIEW/#.HK44'"-7=MF02Z2/X$:
ML9O=F$\P6X >'XE#)OQQ=IO =,(LW^&V5!H!_*$>L?EF:RYSU]WJZ;#\7965
MPD&9SLFA*)()E%(S^]YURXR]I[%BA]O068CNM1DP3L]5T#$SBV1#]6"W5PL@
MSFCPE?G1:.RPC."/'B^[MGG7_5T9)0S[[/0FQ^QW]P 'AU[Y"4"ZE8?';O_!
M[MR4+Z-1/@;&2O2PDFRY2$,SVWAM+@R6(0HOE*0!C],S!V4<+;J-4(?7K$P<
M\)*</LA/L-TK TO1@RW)#]'C\5"8CW,9C1E$:#('EZ'3GOUF]ROE2_/>;TTD
M)X>2?^H!"#3KL=]M;]_\G#E(= #E[=1O0P4KZNM;]0L&QJE !,R$9^_)]7W/
M?7O@IO2SA^,8RHWQB\M*W7@QK,<_6LYWJ1'MWVL!4. 6.8QLA#)C?C&\C( 3
MRGOZ!Q&?MN?&PD-Z^YO0, 0489$-WV7R"K0<"ID]EOQ#C;$/2F&T_Q >2XZP
MA]05HA>GZ^B:P#1QS>GAMFSY(]:B]F^KX2&WW;OI4)B9X%8;C1O(*=W]2M$D
M7!QGASN5S VBX?"WIM23PQ<O^?H+(/*-P!(:ZD+12N="M.P]J+#+UH2")[BY
M6)OT>4(NN]"K(B0Q22$W^W%Y.1VP,%U;8GA1^F8XP)&" ,?ZDP^FTJZVP./K
MHG%2 3=UC9 2LMU.K0_<8-OX3(/0[-@EN!OZS-@8A;?<8]8D^AWY$](%,MIH
M+\VRIP\?WS*,P9?_$6E:JUZ$V^.SYAI G;DF2<W 83;65W#YPS:6M7_&78-=
MS,\R:L,@]2\?'C^0N'XI'X5QNE$3 7%<\(@A4I,][S;$<3L0QYU^LZ%)(T->
M;.(>'_:601N%0L-X!4\X&Q]??YP6$K@:@;IPF"8"ZM]I)UW)[S:;7\R.#=$T
M7/K#HJ'.^R,PT<RDG^-3&:0ZX@*@7+:UZ#K@K"^CE2HBHO/"9@E+@C^!Q+*!
MW0@4Y09EM;W&B /XF<T]T%"&M>!'4]].0_%F,L_"K#MHY\[?\WO20OEF>AA2
MI.@ B( <S7:-MGIW<:ZC/O*GR_N"YR?9_9$$/YJ=': H-T*HI](AP@+^<I^B
M<;BS\83U]?Q)+ILD)/H:8Z.G_(E(H5B:,RG]$L#3!-8W^'!F?9N9V0^8,=T%
M=[>Q3W]2SQ[(<^%0\ARL:SGXN(SR_69M">R;/D42TD[*]*H6+;L'@MOBWX0S
M $4R]UR02JN ZVXH5)U?=L^B_8M[YHMK2"!! "D(G(!T!Q=$MZ,Y*2B.*1N0
MMMMI_4N?R&@7@0;GT]Q?P+;&/&](NG-",4SC_L/B+Q*X%A*5*HGKMU^$<J1F
MI::F\X]]6OL+<08I#- K_Z4P&(I#K@PCXQ_=R!-Y=L3JLK\MBORS-XHG0N,?
M"F4E#L@+2RQ;0_++EPCM+:X!Q%/0!+.N<Q0XKDVORY0C1!%_X$O]+ZB]JG5(
MEF'RL\,L-J5EIT,== _P]#I;;+ZE/<HFN,3WC^[UUA+,OP?4/?A*%":9+;4!
M!*UR')+0*@<I!<I0DML#7^D77>>P.7IZ5Q0)ZL"V67;7[1<)T(_PD/WI(&<H
M80KR1U,8V2\';1+W./VJ=:8$OZK%I7GJGEZ*F]/) P:1 %+LH&'Y=[A]5?[U
MEQ(1>IT$L=<!HD(N12C;GX&)G/T')2F27^2P;!%*RV*))X#6NPA^\M^4.<V$
MYY#D2(3R]M ?F4VP,6?;+F[F/J(=LO_XP*5[0(0UEDII =#*"ZR@E*3T.$)#
M^(W>A[+7$PY%).K\I0M_**3P":ZY#"U 0G$$2D+C(PX2*O"H&G)BD7M )&7V
M8+M 5"&#I,Z;'Y"J_DL7:&58<DZORN(D?A_*?=(&14/]Z:-,^,>2=D%0 I;<
M;[4[./L/ %;L7SDDBOC0FC!^%8'\=P\Q)P/%&4FLKX.7IN*Z"8>4Y _DI:"!
M9MGXAZ9OV@UTT+,?E GZTW$OPC'L0^U9779H?ZN$9-!^]&V>;W]7%LI!C(:R
MOP2KUM;U'B&2-D,::7D,I)1#X8&_2OFFK9"=#)3Y&)X-%Q&'E U5['8>(T,&
M\((3XF*!B%_Z_)%$="^5PB QNVXW,N:J!#YB072&MJ.'2K%2\U#3_^RLYAX/
M"D'I@E$/"LDK0%&(?[9;2%GG@=0,2%G/9>OY7U"(59"N:BC"NVPC>'8*J1D4
MMB2E*\.V6OI,D&2%M*T_%8)B$?]62 +V(>IN]C=+Z5Z:0?+E 786_NAO&N)?
MJ2651@@XU),?A7@ BD7#M8;4BNS^,,-U:!&\-0,<9]]=W4+]!]'G#U39WZ$H
M\^Y/1AND9/SI'UI'1E561OY(F5\,RX?"1ZN&]H86_I1W5Q3U7V;JCVS2LMJ_
M6!#E[BF_.MI1*3X*ZL$MMO!A1GQ-L9L.U%)5$D7*+THK?.2VK#SZ_SZ\Z?]/
M!Q[ZPD)S0.IYHG(Q-TAR3):2!%Z17?J&WN)SR;;B;@/>7>S[@ZA%[2:,[?,X
M5DK*>1,?7L,U(6>52<X%H"RHIYXG2'GQ70<'DF7)G& ]O/$Y%N =/_DG.UW]
MD"8908&LSGQ4PM)%U]7:T 5"I:1U@T+V>0P%M[7BZM;'-WRC3%8>XEG,G[/,
M0<&21;DM/R.H.HJD40W"6)21X?!&+@K[-[L7GXR7"@HQY7QGWJ]&(G(VCI"0
MQ& 7I<G(!<A]<?FHWSSQMK819'T:AO'*/8EYV3C2SUZLGF;<=['!;84&'-&Z
MLJ M5P/6BS;$B\A^S_2L9?P@62+"Y#IT9R</$3%Z'&]AY%>(:"0<\>;\$*^$
MB:TRQ1W>1[H';*:VGG<#M+,*O<VD[@&"&_> %MJ[D<@[UX%[@(<B0@-]WMD'
M[^,A_>O5R/_N<OXP<4)IU^VCD7_KZG_OYB]%-B#_&(13# [[$!=Y;@:[@*=R
M+29RN<ER"Y;Z\T,^3*-J(E64]X!T^WO $NYO@_RWES_*QA["48EH92*?Q;X'
M#/-Y'X8":B54_Q)*Z?8S^<UQXMU%)JJ#FL)?0OTW5RLZ$O@"<NJ%A+7^!S?Y
MQ]7B^2\?R<@@7E=!3.#]8()_FH].XD;JXCDY" 50+:%^[:"_$'MWP>G9P'+0
M![D3$:#ROSZI=C<2Q-N51%HS=OO_=.G__<G .RS)EZDGEV:PDWC:^Z/>3@K7
MRZ-G6ZV--+<@,]C!?_N<QCX8<P5Z0]2+5]\T(09R&$$HI*^=R[K;RSAOS_[C
M$R,(R?_VN?S6#[&^-*1>6OJU$K<S(H?^HD_,"I=L/EY7>"\]BOPWST4M=2!]
MBTW/8 )H917]90#A!?QS(XCMT0&:_]'9PI0+T3Y- $2YT;.+/U3_GYE-5;\#
MZ$M#OO<_=6.0X@<LI%B:O '1)_G_L9%^/_?E#HM=_;5WG1D^&#NJPO"V\W_G
MACF!*]14M&\C#]$4X:M^K]DJ*CQK<JG;EC;3[4"4>1Q*DY-W?+ EHZ)DACS!
M'K:K&?L9Z+,7[SHZ7@7-,#LB.V(S*N&+>JG^0"4M1=K?U>6?W4G' 97&YFVY
MV>^L]E/YO5E<%J=\5LI#1VEN=<9[%;I%45E3D^!J4!O*QTS^/6E4E)T;,$"V
M"<#LR,O$Y)]P:,6Z.%<>'5<;;?UZDL9^R3(W6"]MFOX2T<(G":65K8]&>'*K
MZM<S,[PU=?SQ<I6J@/;>1\6_:Z"UH9E7^U0:II["H8CS'ZT:CAJ^DP*.JN!.
M=<Y ?8JBS0_7B"CAGX_*2ZR**W5P<F O"4DM!G]K]&J;ZCS<ZW04CV,0Y>F[
M']X3_^<!@_>-R9)649K^/0(_UDLV/U:QR V%?VZ;,4CFZ'__P4M?QV7RVR92
MX33]Z[,N6%%@AD7E/SLG^]M/5'"EXS<%"3XEQ:)^2'J!7_[EAMITC^=CD!!Z
MA';^(66I:M)^,+S/IO"DR3_U"MQ[4AT'D&8845DE"(&YV\H;_<<#2+R2N)!2
M9'C8&W>PNMEO0Y7PQ[I:B%*ASPBGJB7_8PL,EB%*KBH3+28H5/N]1)5H&);_
MI6K<O_E,5VFJ^E65',8]0"U-<[6R-L9);:==-16SORE678$@ \Z[H_,>\*'&
MC 6>SO-)$H9PS]<:I+#(->L<>W?PH2C9N(3QMMM91B&54K>[V70X3M_S"OEB
M< P,13[?&E?!WVKA;<Q,>U'MS/[X"GX^%)!KSF-KB*+I79ILU+--Q8=HHH Z
M;U+M17HQ<"W;D?!Q%5V^S]$X6?N=EI%DW8\-<80UOAY>DFA1THV_K*2!OY;F
MKN*O-.K!]EF!M+2H1-#79EUT=9%V&OA59;)\Q&%7E#07;UVK)W>-/$ .HZ#0
M4A\4X^*FJ<X0D,P5NOI(" 5X[+"=T>98ICQV*B!D^KIFHNIRRETV#D?BV3GB
M);G-!(S-7Z]$W[RQ734&!7U@.2VCE:-"*<(U6N8,:]<0GJ'(,+ ,G>#T#FG
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MY),W9L4CKPV*P(WJ3JHJ7T:B^YC%&*Q46;J'?.D7JT71+N'ULM@FD/X.@OB
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M?6K,_9_!_?_V?S72NX7_ U!+ P04    "  S,0M;"%+"MJ8(   A20  $0
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M4X&A^Z#X)6M:N\F*+&TZ VD<V&FQ;P4MT391BO1(*7'[ZT?JQ99$2I9<V7*
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M5:_Q$K) 0C!'K1%OHJ_'"Q$:^8BJYA1)\2;@7<P GD)VC3_#8$U@)9@J->W
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M*!5/#IE^C/Q(_.\9,,B_^3]02P,$%     @ ,S$+6^TN*K&',0  2K " !4
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M^7J7("U8OA5E=88PMPJ0D^RKH(\!I 0I,84:6BQ/?^-%$1?4,Q$6%!WAU__
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MJ:M6EU"JV[SS"$2+BWR$U>\2X:=QZR')#+\6Y[3 KYIA2P?C>E@GT!N.[QH
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M<8ZK92-KW9Z6&NO4I^CH]ER*#.A='3;L%"J)5VR?=.!%? G&&+JA1#H7BSY
M0P&#)12K,(R^3'Q$7=1\IP1'!5FET742+#7U&N!<*T-*<ZB+'@B4*F3,M)I@
M!KYVLKL^[R+-(V+2QA#HHX\1B<HZF!8%2AY2:N:NY2)+\SC"Q)M"?LN^M=1M
M>AB5@6O%Z(D/E2-'@U*0EJ).24>(FGJ64S.XHK.OZ#KC 4*_!XG"ZVC1SLZ"
MFRDW9\/54! 2,O,3[O_MCVOYK#E"BXST0[)8TG0O@U[I"H#1/9FL_*_&Z!V5
MW@2$U.QY[KI0XR<#H;1>ZDTM/=RKSA0;6SHLI*TM"YX -K<XRT]I1)+M\@F'
M&Q(7,58$I6BP3H6BH]M3B0P(Q_EHV V%0:&88MEHNX7[4,K5*PGYB0U5I3H
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MQR<KKL)(?,^T]W-2"U2C&7E*;B=N3EOPU/]\_<KGZ&H_AV! M8J1Y[!5.@9
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M("$R?1)O1QO (0(V #4)HG_J! 5.N"!:+N5AHLC_<I?>WCA9)^G3.4(^8]#
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M9&ET7S P,2YJ<&=02P$"% ,4    "  S,0M;33*IK?<'   /+0  "@
M        @ %+,@  97@S,2TQ+FAT;5!+ 0(4 Q0    ( #,Q"UNCQH43Q <
M )HK   *              "  6HZ  !E>#,Q+3(N:'1M4$L! A0#%     @
M,S$+6^NATK-]!   5Q<   H              ( !5D(  &5X,S(M,2YH=&U0
M2P$"% ,4    "  S,0M;@/A#L'D$  #X&   "@              @ '[1@
M97@S,BTR+FAT;5!+ 0(4 Q0    ( #,Q"UO<X] VUE ! %-V"P ,
M      "  9Q+  !F;W)M,3 M:RYH=&U02P$"% ,4    "  S,0M;.*_:E>]$
M  !96P  $               @ &<G $ 9F]R;3$P+6M?,# Q+FIP9U!+ 0(4
M Q0    ( #,Q"UN,=AZ24_$  'P) 0 0              "  ;GA 0!F;W)M
M,3 M:U\P,#(N:G!G4$L! A0#%     @ ,S$+6PA2PK:F"   (4D  !$
M         ( !.M," '!L=&TM,C R-3 V,S N>'-D4$L! A0#%     @ ,S$+
M6Q>E SB_!@  )#L  !4              ( !#]P" '!L=&TM,C R-3 V,S!?
M8V%L+GAM;%!+ 0(4 Q0    ( #,Q"UNA$?J+Z0T  ,BJ   5
M  "  0'C @!P;'1M+3(P,C4P-C,P7V1E9BYX;6Q02P$"% ,4    "  S,0M;
M[2XJL8<Q  !*L ( %0              @ $=\0( <&QT;2TR,#(U,#8S,%]L
M86(N>&UL4$L! A0#%     @ ,S$+6UP(;&C'(P  H L" !4
M ( !UR(# '!L=&TM,C R-3 V,S!?<')E+GAM;%!+!08     #0 - !P#  #1
%1@,    !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>form10-k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:PLTM="http://graniteshares.com/20250630"
  xmlns:dei="http://xbrl.sec.gov/dei/2025"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:srt="http://fasb.org/srt/2025"
  xmlns:us-gaap="http://fasb.org/us-gaap/2025"
  xmlns:utr="http://www.xbrl.org/2009/utr"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xhtml="http://www.w3.org/1999/xhtml"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
    <link:schemaRef xlink:href="pltm-20250630.xsd" xlink:type="simple"/>
    <context id="From2024-07-01to2025-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <startDate>2024-07-01</startDate>
            <endDate>2025-06-30</endDate>
        </period>
    </context>
    <context id="AsOf2025-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-08-08">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <instant>2025-08-08</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_RelatedPartyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_RelatedPartyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="From2023-07-012024-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <startDate>2023-07-01</startDate>
            <endDate>2024-06-30</endDate>
        </period>
    </context>
    <context id="AsOf2025-06-30_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:StatementScenarioAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:StatementScenarioAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="From2022-07-012023-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <startDate>2022-07-01</startDate>
            <endDate>2023-06-30</endDate>
        </period>
    </context>
    <context id="AsOf2023-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <instant>2023-06-30</instant>
        </period>
    </context>
    <context id="AsOf2022-06-30">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
        </entity>
        <period>
            <instant>2022-06-30</instant>
        </period>
    </context>
    <context id="From2024-07-012025-06-30_custom_SponsorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2024-07-01</startDate>
            <endDate>2025-06-30</endDate>
        </period>
    </context>
    <context id="From2023-07-012024-06-30_custom_SponsorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2023-07-01</startDate>
            <endDate>2024-06-30</endDate>
        </period>
    </context>
    <context id="From2022-07-012023-06-30_custom_SponsorMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:TitleOfIndividualAxis">PLTM:SponsorMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2022-07-01</startDate>
            <endDate>2023-06-30</endDate>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2025-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">PLTM:PlatinumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2024-06-30</instant>
        </period>
    </context>
    <context id="From2024-07-012025-06-30_srt_MaximumMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:RangeAxis">srt:MaximumMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2024-07-01</startDate>
            <endDate>2025-06-30</endDate>
        </period>
    </context>
    <context id="From2024-07-012025-06-30_us-gaap_RelatedPartyMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001690842</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">us-gaap:RelatedPartyMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2024-07-01</startDate>
            <endDate>2025-06-30</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <unit id="oz">
        <measure>utr:oz</measure>
    </unit>
    <unit id="Pure">
        <measure>pure</measure>
    </unit>
    <dei:AmendmentFlag contextRef="From2024-07-01to2025-06-30" id="Fact000003">false</dei:AmendmentFlag>
    <dei:DocumentFiscalPeriodFocus contextRef="From2024-07-01to2025-06-30" id="Fact000004">FY</dei:DocumentFiscalPeriodFocus>
    <dei:NoTradingSymbolFlag contextRef="From2024-07-01to2025-06-30" id="Fact000005">true</dei:NoTradingSymbolFlag>
    <dei:EntityCentralIndexKey contextRef="From2024-07-01to2025-06-30" id="Fact000006">0001690842</dei:EntityCentralIndexKey>
    <us-gaap:OtherReceivables
      contextRef="AsOf2024-06-30"
      id="xdx2ixbrl0056"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:CommonStockSharesAuthorizedUnlimited contextRef="From2024-07-01to2025-06-30" id="xdx2ixbrl0097">Unlimited</us-gaap:CommonStockSharesAuthorizedUnlimited>
    <us-gaap:CommonStockSharesAuthorizedUnlimited contextRef="From2023-07-012024-06-30" id="xdx2ixbrl0099">Unlimited</us-gaap:CommonStockSharesAuthorizedUnlimited>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember"
      id="xdx2ixbrl0324"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember"
      id="xdx2ixbrl0326"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel2Member"
      id="xdx2ixbrl0330"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel3Member"
      id="xdx2ixbrl0332"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member_custom_PlatinumMember"
      id="xdx2ixbrl0336"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member_custom_PlatinumMember"
      id="xdx2ixbrl0338"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel2Member"
      id="xdx2ixbrl0342"
      unitRef="USD"
      xsi:nil="true"/>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel3Member"
      id="xdx2ixbrl0344"
      unitRef="USD"
      xsi:nil="true"/>
    <PLTM:ChangeInUnrealizedAppreciationDepreciation
      contextRef="From2024-07-01to2025-06-30"
      id="xdx2ixbrl0408"
      unitRef="oz"
      xsi:nil="true"/>
    <PLTM:ChangeInUnrealizedAppreciationDepreciation
      contextRef="From2023-07-012024-06-30"
      id="xdx2ixbrl0428"
      unitRef="oz"
      xsi:nil="true"/>
    <dei:DocumentType contextRef="From2024-07-01to2025-06-30" id="Fact000013">10-K</dei:DocumentType>
    <dei:DocumentAnnualReport contextRef="From2024-07-01to2025-06-30" id="Fact000014">true</dei:DocumentAnnualReport>
    <dei:DocumentPeriodEndDate contextRef="From2024-07-01to2025-06-30" id="Fact000015">2025-06-30</dei:DocumentPeriodEndDate>
    <dei:CurrentFiscalYearEndDate contextRef="From2024-07-01to2025-06-30" id="Fact000016">--06-30</dei:CurrentFiscalYearEndDate>
    <dei:DocumentFiscalYearFocus contextRef="From2024-07-01to2025-06-30" id="Fact000017">2025</dei:DocumentFiscalYearFocus>
    <dei:DocumentTransitionReport contextRef="From2024-07-01to2025-06-30" id="Fact000018">false</dei:DocumentTransitionReport>
    <dei:EntityFileNumber contextRef="From2024-07-01to2025-06-30" id="Fact000019">001-38349</dei:EntityFileNumber>
    <dei:EntityRegistrantName contextRef="From2024-07-01to2025-06-30" id="Fact000020">GRANITESHARES PLATINUM TRUST</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2024-07-01to2025-06-30" id="Fact000021">NY</dei:EntityIncorporationStateCountryCode>
    <dei:EntityTaxIdentificationNumber contextRef="From2024-07-01to2025-06-30" id="Fact000022">82-6644954</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2024-07-01to2025-06-30" id="Fact000023">c/o     GRANITESHARES LLC</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="From2024-07-01to2025-06-30" id="Fact000024">222                                             Broadway &#x2013; 21st floor</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="From2024-07-01to2025-06-30" id="Fact000025">New     York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2024-07-01to2025-06-30" id="Fact000026">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2024-07-01to2025-06-30" id="Fact000027">10038</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2024-07-01to2025-06-30" id="Fact000028">646</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2024-07-01to2025-06-30" id="Fact000029">876 5096</dei:LocalPhoneNumber>
    <dei:Security12bTitle contextRef="From2024-07-01to2025-06-30" id="Fact000030">GraniteShares     Platinum Shares</dei:Security12bTitle>
    <dei:SecurityExchangeName contextRef="From2024-07-01to2025-06-30" id="Fact000031">NYSEArca</dei:SecurityExchangeName>
    <dei:EntityWellKnownSeasonedIssuer contextRef="From2024-07-01to2025-06-30" id="Fact000032">No</dei:EntityWellKnownSeasonedIssuer>
    <dei:EntityVoluntaryFilers contextRef="From2024-07-01to2025-06-30" id="Fact000033">No</dei:EntityVoluntaryFilers>
    <dei:EntityCurrentReportingStatus contextRef="From2024-07-01to2025-06-30" id="Fact000034">Yes</dei:EntityCurrentReportingStatus>
    <dei:EntityInteractiveDataCurrent contextRef="From2024-07-01to2025-06-30" id="Fact000035">Yes</dei:EntityInteractiveDataCurrent>
    <dei:EntityFilerCategory contextRef="From2024-07-01to2025-06-30" id="Fact000036">Non-accelerated Filer</dei:EntityFilerCategory>
    <dei:EntitySmallBusiness contextRef="From2024-07-01to2025-06-30" id="Fact000037">true</dei:EntitySmallBusiness>
    <dei:EntityEmergingGrowthCompany contextRef="From2024-07-01to2025-06-30" id="Fact000038">false</dei:EntityEmergingGrowthCompany>
    <dei:EntityShellCompany contextRef="From2024-07-01to2025-06-30" id="Fact000039">false</dei:EntityShellCompany>
    <dei:DocumentFinStmtErrorCorrectionFlag contextRef="From2024-07-01to2025-06-30" id="Fact000040">false</dei:DocumentFinStmtErrorCorrectionFlag>
    <dei:EntityPublicFloat
      contextRef="AsOf2025-06-30"
      decimals="0"
      id="Fact000041"
      unitRef="USD">85150000</dei:EntityPublicFloat>
    <dei:EntityCommonStockSharesOutstanding
      contextRef="AsOf2025-08-08"
      decimals="INF"
      id="Fact000042"
      unitRef="Shares">700000</dei:EntityCommonStockSharesOutstanding>
    <PLTM:NoInsiderTradingFlag contextRef="From2024-07-01to2025-06-30" id="Fact000044">true</PLTM:NoInsiderTradingFlag>
    <dei:AuditorFirmId contextRef="From2024-07-01to2025-06-30" id="Fact000045">445</dei:AuditorFirmId>
    <dei:AuditorName contextRef="From2024-07-01to2025-06-30" id="Fact000046">TAIT, WELLER &amp; BAKER LLP</dei:AuditorName>
    <dei:AuditorLocation contextRef="From2024-07-01to2025-06-30" id="Fact000047">Philadelphia, Pennsylvania</dei:AuditorLocation>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000052"
      unitRef="USD">85235000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000053"
      unitRef="USD">43136000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:OtherReceivables
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000055"
      unitRef="USD">3252000</us-gaap:OtherReceivables>
    <us-gaap:Assets
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000058"
      unitRef="USD">88487000</us-gaap:Assets>
    <us-gaap:Assets
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000059"
      unitRef="USD">43136000</us-gaap:Assets>
    <PLTM:PayableForPlatinumPurchased
      contextRef="AsOf2025-06-30_us-gaap_RelatedPartyMember"
      decimals="-3"
      id="Fact000064"
      unitRef="USD">3252000</PLTM:PayableForPlatinumPurchased>
    <us-gaap:AccountsPayableCurrentAndNoncurrent
      contextRef="AsOf2025-06-30_us-gaap_RelatedPartyMember"
      decimals="-3"
      id="Fact000067"
      unitRef="USD">29000</us-gaap:AccountsPayableCurrentAndNoncurrent>
    <us-gaap:AccountsPayableCurrentAndNoncurrent
      contextRef="AsOf2024-06-30_us-gaap_RelatedPartyMember"
      decimals="-3"
      id="Fact000068"
      unitRef="USD">17000</us-gaap:AccountsPayableCurrentAndNoncurrent>
    <us-gaap:Liabilities
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000070"
      unitRef="USD">3281000</us-gaap:Liabilities>
    <us-gaap:Liabilities
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000071"
      unitRef="USD">17000</us-gaap:Liabilities>
    <us-gaap:AssetsNet
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000073"
      unitRef="USD">85206000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000074"
      unitRef="USD">43119000</us-gaap:AssetsNet>
    <us-gaap:CommonStockSharesIssued
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000076"
      unitRef="Shares">6550000</us-gaap:CommonStockSharesIssued>
    <us-gaap:CommonStockSharesOutstanding
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000078"
      unitRef="Shares">6550000</us-gaap:CommonStockSharesOutstanding>
    <us-gaap:CommonStockSharesIssued
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000080"
      unitRef="Shares">4400000</us-gaap:CommonStockSharesIssued>
    <us-gaap:CommonStockSharesOutstanding
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000082"
      unitRef="Shares">4400000</us-gaap:CommonStockSharesOutstanding>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000084"
      unitRef="USDPShares">13.01</us-gaap:NetAssetValuePerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000085"
      unitRef="USDPShares">9.80</us-gaap:NetAssetValuePerShare>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000088"
      unitRef="USD">65762000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000090"
      unitRef="USD">43369000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:CommonStockNoParValue
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000093"
      unitRef="USDPShares">0</us-gaap:CommonStockNoParValue>
    <us-gaap:CommonStockNoParValue
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000095"
      unitRef="USDPShares">0</us-gaap:CommonStockNoParValue>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2025-06-30_custom_PlatinumMember"
      decimals="INF"
      id="Fact000101"
      unitRef="oz">63137.357</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2025-06-30_custom_PlatinumMember"
      decimals="-3"
      id="Fact000103"
      unitRef="USD">65762000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:InvestmentOwnedAtFairValue
      contextRef="AsOf2025-06-30_custom_PlatinumMember"
      decimals="-3"
      id="Fact000105"
      unitRef="USD">85235000</us-gaap:InvestmentOwnedAtFairValue>
    <us-gaap:InvestmentOwnedPercentOfNetAssets
      contextRef="AsOf2025-06-30_custom_PlatinumMember"
      decimals="INF"
      id="Fact000107"
      unitRef="Pure">1.0003</us-gaap:InvestmentOwnedPercentOfNetAssets>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000109"
      unitRef="USD">65762000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:InvestmentOwnedAtFairValue
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000111"
      unitRef="USD">85235000</us-gaap:InvestmentOwnedAtFairValue>
    <us-gaap:InvestmentOwnedPercentOfNetAssets
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000113"
      unitRef="Pure">1.0003</us-gaap:InvestmentOwnedPercentOfNetAssets>
    <us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000115"
      unitRef="USD">-29000</us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities>
    <us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000117"
      unitRef="Pure">-0.0003</us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets>
    <us-gaap:AssetsNet
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000119"
      unitRef="USD">85206000</us-gaap:AssetsNet>
    <PLTM:NetAssetsPercentageOfNetAssets
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000121"
      unitRef="Pure">1.0000</PLTM:NetAssetsPercentageOfNetAssets>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2024-06-30_custom_PlatinumMember"
      decimals="INF"
      id="Fact000123"
      unitRef="oz">42625.054</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2024-06-30_custom_PlatinumMember"
      decimals="-3"
      id="Fact000125"
      unitRef="USD">43369000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:InvestmentOwnedAtFairValue
      contextRef="AsOf2024-06-30_custom_PlatinumMember"
      decimals="-3"
      id="Fact000127"
      unitRef="USD">43136000</us-gaap:InvestmentOwnedAtFairValue>
    <us-gaap:InvestmentOwnedPercentOfNetAssets
      contextRef="AsOf2024-06-30_custom_PlatinumMember"
      decimals="INF"
      id="Fact000129"
      unitRef="Pure">1.0004</us-gaap:InvestmentOwnedPercentOfNetAssets>
    <us-gaap:InvestmentOwnedAtCost
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000131"
      unitRef="USD">43369000</us-gaap:InvestmentOwnedAtCost>
    <us-gaap:InvestmentOwnedAtFairValue
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000133"
      unitRef="USD">43136000</us-gaap:InvestmentOwnedAtFairValue>
    <us-gaap:InvestmentOwnedPercentOfNetAssets
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000135"
      unitRef="Pure">1.0004</us-gaap:InvestmentOwnedPercentOfNetAssets>
    <us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000137"
      unitRef="USD">-17000</us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilities>
    <us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000139"
      unitRef="Pure">-0.0004</us-gaap:NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets>
    <us-gaap:AssetsNet
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000141"
      unitRef="USD">43119000</us-gaap:AssetsNet>
    <PLTM:NetAssetsPercentageOfNetAssets
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000143"
      unitRef="Pure">1.0000</PLTM:NetAssetsPercentageOfNetAssets>
    <us-gaap:SponsorFees
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000149"
      unitRef="USD">243000</us-gaap:SponsorFees>
    <us-gaap:SponsorFees
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000150"
      unitRef="USD">188000</us-gaap:SponsorFees>
    <us-gaap:SponsorFees
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000151"
      unitRef="USD">217000</us-gaap:SponsorFees>
    <us-gaap:OperatingExpenses
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000153"
      unitRef="USD">243000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000154"
      unitRef="USD">188000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000155"
      unitRef="USD">217000</us-gaap:OperatingExpenses>
    <us-gaap:GainLossOnInvestments
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000157"
      unitRef="USD">-243000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnInvestments
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000158"
      unitRef="USD">-188000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnInvestments
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000159"
      unitRef="USD">-217000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000169"
      unitRef="USD">-6000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000170"
      unitRef="USD">-20000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000171"
      unitRef="USD">-17000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000173"
      unitRef="USD">628000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000174"
      unitRef="USD">-211000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000175"
      unitRef="USD">-236000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <us-gaap:RealizedInvestmentGainsLosses
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000177"
      unitRef="USD">622000</us-gaap:RealizedInvestmentGainsLosses>
    <us-gaap:RealizedInvestmentGainsLosses
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000178"
      unitRef="USD">-231000</us-gaap:RealizedInvestmentGainsLosses>
    <us-gaap:RealizedInvestmentGainsLosses
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000179"
      unitRef="USD">-253000</us-gaap:RealizedInvestmentGainsLosses>
    <PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000181"
      unitRef="USD">19706000</PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion>
    <PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000182"
      unitRef="USD">5187000</PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion>
    <PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000183"
      unitRef="USD">1139000</PLTM:ChangeInUnrealizedGainLossOnInvestmentInBullion>
    <PLTM:AggregateGainLossOnBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000185"
      unitRef="USD">20328000</PLTM:AggregateGainLossOnBullion>
    <PLTM:AggregateGainLossOnBullion
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000186"
      unitRef="USD">4956000</PLTM:AggregateGainLossOnBullion>
    <PLTM:AggregateGainLossOnBullion
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000187"
      unitRef="USD">886000</PLTM:AggregateGainLossOnBullion>
    <us-gaap:NetIncomeLoss
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000189"
      unitRef="USD">20085000</us-gaap:NetIncomeLoss>
    <us-gaap:NetIncomeLoss
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000190"
      unitRef="USD">4768000</us-gaap:NetIncomeLoss>
    <us-gaap:NetIncomeLoss
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000191"
      unitRef="USD">669000</us-gaap:NetIncomeLoss>
    <us-gaap:EarningsPerShareBasic
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000193"
      unitRef="USDPShares">3.97</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareDiluted
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000195"
      unitRef="USDPShares">3.97</us-gaap:EarningsPerShareDiluted>
    <us-gaap:EarningsPerShareBasic
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000197"
      unitRef="USDPShares">1.15</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareDiluted
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000199"
      unitRef="USDPShares">1.15</us-gaap:EarningsPerShareDiluted>
    <us-gaap:EarningsPerShareBasic
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000201"
      unitRef="USDPShares">0.15</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareDiluted
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000203"
      unitRef="USDPShares">0.15</us-gaap:EarningsPerShareDiluted>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000205"
      unitRef="Shares">5057000</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000207"
      unitRef="Shares">5057000</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000209"
      unitRef="Shares">4139000</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000211"
      unitRef="Shares">4139000</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000213"
      unitRef="Shares">4595000</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000215"
      unitRef="Shares">4595000</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:AssetsNet
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000217"
      unitRef="USD">43119000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2023-06-30"
      decimals="-3"
      id="Fact000218"
      unitRef="USD">34919000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2022-06-30"
      decimals="-3"
      id="Fact000219"
      unitRef="USD">44801000</us-gaap:AssetsNet>
    <us-gaap:StockIssuedDuringPeriodSharesNewIssues
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000225"
      unitRef="Shares">3150000</us-gaap:StockIssuedDuringPeriodSharesNewIssues>
    <us-gaap:StockIssuedDuringPeriodSharesNewIssues
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000227"
      unitRef="Shares">850000</us-gaap:StockIssuedDuringPeriodSharesNewIssues>
    <us-gaap:StockIssuedDuringPeriodSharesNewIssues
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000229"
      unitRef="Shares">350000</us-gaap:StockIssuedDuringPeriodSharesNewIssues>
    <us-gaap:StockIssuedDuringPeriodValueNewIssues
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000221"
      unitRef="USD">32318000</us-gaap:StockIssuedDuringPeriodValueNewIssues>
    <us-gaap:StockIssuedDuringPeriodValueNewIssues
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000222"
      unitRef="USD">7695000</us-gaap:StockIssuedDuringPeriodValueNewIssues>
    <us-gaap:StockIssuedDuringPeriodValueNewIssues
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000223"
      unitRef="USD">3392000</us-gaap:StockIssuedDuringPeriodValueNewIssues>
    <us-gaap:StockRedeemedOrCalledDuringPeriodShares
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000235"
      unitRef="Shares">1000000</us-gaap:StockRedeemedOrCalledDuringPeriodShares>
    <us-gaap:StockRedeemedOrCalledDuringPeriodShares
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000237"
      unitRef="Shares">450000</us-gaap:StockRedeemedOrCalledDuringPeriodShares>
    <us-gaap:StockRedeemedOrCalledDuringPeriodShares
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000239"
      unitRef="Shares">1400000</us-gaap:StockRedeemedOrCalledDuringPeriodShares>
    <us-gaap:StockRedeemedOrCalledDuringPeriodValue
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000231"
      unitRef="USD">-10316000</us-gaap:StockRedeemedOrCalledDuringPeriodValue>
    <us-gaap:StockRedeemedOrCalledDuringPeriodValue
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000232"
      unitRef="USD">-4263000</us-gaap:StockRedeemedOrCalledDuringPeriodValue>
    <us-gaap:StockRedeemedOrCalledDuringPeriodValue
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000233"
      unitRef="USD">-13943000</us-gaap:StockRedeemedOrCalledDuringPeriodValue>
    <us-gaap:GainLossOnInvestments
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000241"
      unitRef="USD">-243000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnInvestments
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000242"
      unitRef="USD">-188000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnInvestments
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000243"
      unitRef="USD">-217000</us-gaap:GainLossOnInvestments>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000245"
      unitRef="USD">-6000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000246"
      unitRef="USD">-20000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000247"
      unitRef="USD">-17000</us-gaap:GainLossOnSaleOfTrustAssetsToPayExpenses>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000249"
      unitRef="USD">628000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000250"
      unitRef="USD">-211000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000251"
      unitRef="USD">-236000</PLTM:RealizedInvestmentGainsLossesForRedemptionOfShares>
    <PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000253"
      unitRef="USD">19706000</PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion>
    <PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000254"
      unitRef="USD">5187000</PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion>
    <PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion
      contextRef="From2022-07-012023-06-30"
      decimals="-3"
      id="Fact000255"
      unitRef="USD">1139000</PLTM:ChangeInUnrealizedAppreciationDepreciationOnInvestmentInBullion>
    <us-gaap:AssetsNet
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000257"
      unitRef="USD">85206000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000258"
      unitRef="USD">43119000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2023-06-30"
      decimals="-3"
      id="Fact000259"
      unitRef="USD">34919000</us-gaap:AssetsNet>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000261"
      unitRef="USDPShares">9.80</us-gaap:NetAssetValuePerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2023-06-30"
      decimals="INF"
      id="Fact000262"
      unitRef="USDPShares">8.73</us-gaap:NetAssetValuePerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2022-06-30"
      decimals="INF"
      id="Fact000263"
      unitRef="USDPShares">8.87</us-gaap:NetAssetValuePerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000265"
      unitRef="USDPShares">-0.05</us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000266"
      unitRef="USDPShares">-0.05</us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000267"
      unitRef="USDPShares">-0.05</us-gaap:InvestmentCompanyInvestmentIncomeLossPerShare>
    <us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000269"
      unitRef="USDPShares">3.26</us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare>
    <us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000270"
      unitRef="USDPShares">1.12</us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare>
    <us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000271"
      unitRef="USDPShares">-0.09</us-gaap:InvestmentCompanyGainLossOnInvestmentPerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000273"
      unitRef="USDPShares">3.21</us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000274"
      unitRef="USDPShares">1.07</us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000275"
      unitRef="USDPShares">-0.14</us-gaap:InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000277"
      unitRef="USDPShares">13.01</us-gaap:NetAssetValuePerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000278"
      unitRef="USDPShares">9.80</us-gaap:NetAssetValuePerShare>
    <us-gaap:NetAssetValuePerShare
      contextRef="AsOf2023-06-30"
      decimals="INF"
      id="Fact000279"
      unitRef="USDPShares">8.73</us-gaap:NetAssetValuePerShare>
    <us-gaap:InvestmentCompanyMarketValuePerShare
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000281"
      unitRef="USDPShares">13.00</us-gaap:InvestmentCompanyMarketValuePerShare>
    <us-gaap:InvestmentCompanyMarketValuePerShare
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000282"
      unitRef="USDPShares">9.67</us-gaap:InvestmentCompanyMarketValuePerShare>
    <us-gaap:InvestmentCompanyMarketValuePerShare
      contextRef="AsOf2023-06-30"
      decimals="INF"
      id="Fact000283"
      unitRef="USDPShares">8.84</us-gaap:InvestmentCompanyMarketValuePerShare>
    <us-gaap:InvestmentCompanyTotalReturn
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000285"
      unitRef="Pure">0.3276</us-gaap:InvestmentCompanyTotalReturn>
    <us-gaap:InvestmentCompanyTotalReturn
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000286"
      unitRef="Pure">0.1226</us-gaap:InvestmentCompanyTotalReturn>
    <us-gaap:InvestmentCompanyTotalReturn
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000287"
      unitRef="Pure">-0.0158</us-gaap:InvestmentCompanyTotalReturn>
    <us-gaap:InvestmentCompanyTotalReturnMarketValue
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000289"
      unitRef="Pure">0.3444</us-gaap:InvestmentCompanyTotalReturnMarketValue>
    <us-gaap:InvestmentCompanyTotalReturnMarketValue
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000290"
      unitRef="Pure">0.0939</us-gaap:InvestmentCompanyTotalReturnMarketValue>
    <us-gaap:InvestmentCompanyTotalReturnMarketValue
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000291"
      unitRef="Pure">0.0068</us-gaap:InvestmentCompanyTotalReturnMarketValue>
    <us-gaap:AssetsNet
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000293"
      unitRef="USD">85206000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000294"
      unitRef="USD">43119000</us-gaap:AssetsNet>
    <us-gaap:AssetsNet
      contextRef="AsOf2023-06-30"
      decimals="-3"
      id="Fact000295"
      unitRef="USD">34919000</us-gaap:AssetsNet>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossRatio
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000301"
      unitRef="Pure">-0.0050</us-gaap:InvestmentCompanyInvestmentIncomeLossRatio>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossRatio
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000302"
      unitRef="Pure">-0.0050</us-gaap:InvestmentCompanyInvestmentIncomeLossRatio>
    <us-gaap:InvestmentCompanyInvestmentIncomeLossRatio
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000303"
      unitRef="Pure">-0.0050</us-gaap:InvestmentCompanyInvestmentIncomeLossRatio>
    <us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000305"
      unitRef="Pure">0.0050</us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation>
    <us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000306"
      unitRef="Pure">0.0050</us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation>
    <us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation
      contextRef="From2022-07-012023-06-30"
      decimals="INF"
      id="Fact000307"
      unitRef="Pure">0.0050</us-gaap:InvestmentCompanyExpenseRatioAfterIncentiveAllocation>
    <us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000310">&lt;p id="xdx_802_eus-gaap--OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_zX8QYv74N6Z1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;1.
&lt;span id="xdx_827_zdtYO5aMRkUl"&gt;Organization&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;GraniteShares
Platinum Trust (the &#x201c;Trust&#x201d;) is an investment trust formed on January 11, 2018 under New York law pursuant to a trust indenture.
The Sponsor of the Trust, GraniteShares LLC (the &#x201c;Sponsor&#x201d;), is responsible for, among other things, overseeing the performance
of The Bank of New York Mellon (the &#x201c;Trustee&#x201d;) and the Trust&#x2019;s principal service providers, including the preparation
of financial statements. The Trustee is responsible for the day-to-day administration of the Trust.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
objective of the Trust is for the value of the Shares to reflect, at any given time, the value of the assets owned by the Trust at that
time less the Trust&#x2019;s accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective
means of making an investment similar to an investment in platinum.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
fiscal year end for the Trust is June 30.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Undefined
capitalized terms shall have the meaning as set forth in the Trust&#x2019;s registration statement.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock>
    <us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000312">&lt;p id="xdx_804_eus-gaap--BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_zVGkwL0ZCVDc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;2.
&lt;span id="xdx_82B_zDUGjCnxcluj"&gt;Basis of Accounting and Significant Accounting Policies&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor has determined that the Trust falls within the scope of Financial Accounting Standards Board (&#x201c;FASB&#x201d;) Accounting
Standards Codification (&#x201c;ASC&#x201d;) 946, Financial Services&#x2014;Investment Companies, and has concluded that for reporting purposes,
the Trust is classified as an Investment Company. The Trust is not registered as an investment company under the Investment Company Act
of 1940, as amended and is not required to register under such act.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires
those responsible for preparing financial statements to make estimates and assumptions that affect the reported amounts and disclosures.
Actual results could differ from those estimates.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
following is a summary of significant accounting policies followed by the Trust.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84F_ecustom--CustodyAndValuationOfPlatinumPolicyTextBlock_z1O7qyWyqiej" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.1
&lt;span id="xdx_86C_zXWgBLRUkqrk"&gt;Custody and Fair Valuation of Platinum&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust follows the provisions of ASC 820, Fair Value Measurements (&#x201c;ASC 820&#x201d;). ASC 820 provides guidance for determining fair
value and requires increased disclosure regarding the inputs to valuation techniques used to measure fair value. ASC 820 defines fair
value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Platinum
is held by ICBC Standard Bank Plc (the &#x201c;Custodian&#x201d;), on behalf of the Trust, at the Custodian&#x2019;s London, United Kingdom
vaulting premises. &lt;span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20240701__20250630_zq31FczDfAn8" title="Available to sale percentage"&gt;99.81&lt;/span&gt;% and &lt;span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20230701__20240630_zOQqUq56GdEh" title="Available to sale percentage"&gt;99.84&lt;/span&gt;% of platinum is in the form of good delivery platinum bars as of June 30, 2025 and 2024, respectively.
A current list of all platinum held by the Custodian is available on the sponsor&#x2019;s website. The cost of platinum is determined
according to the average cost method and the fair value is based on the London Bullion Market Association (&#x201c;LBMA&#x201d;) Platinum
Price PM.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;LBMA
Platinum Price PM is the price per troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process
starting after 2:00 p.m. (London time), on each day that the London platinum market is open for business, and announced by the LME shortly
thereafter.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
per Share amount of platinum exchanged for a purchase or redemption is calculated daily by the Trustee, using the LBMA Platinum Price
PM to calculate the platinum amount in respect of any liabilities for which covering platinum sales have not yet been made, and represents
the per Share amount of platinum held by the Trust, after giving effect to its liabilities, to cover expenses and liabilities and any
losses that may have occurred.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;ASC
820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are
as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
1: Unadjusted quoted prices in active markets for identical assets or liabilities that the Trust has the ability to access.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
2: Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly.
These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments and similar
data.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
3: Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Trust&#x2019;s
own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based
on the best information available.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;span id="xdx_8B1_zZ5Np152J3Mk" style="display: none"&gt;Schedule of Trust Investments Fair Value&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2025&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;85,235&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0324"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0326"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;85,235&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0330"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0332"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2024&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;43,136&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0336"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0338"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;43,136&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0342"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0344"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AB_zRXc6imaod0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;There
were &lt;span id="xdx_906_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20240701__20250630_zr7WNC7vEkUj" title="Fair value measurements transfers"&gt;&lt;span id="xdx_90D_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20230701__20240630_zOLh47h4HcXk" title="Fair value measurements transfers"&gt;no&lt;/span&gt;&lt;/span&gt; transfers between Level 1 and other Levels for the years ended June 30, 2025 and 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84F_ecustom--ExpensesPolicyTextBlock_zs6oOOQ0RSad" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.2
&lt;span id="xdx_86C_zH3nCVjuirM7"&gt;Expenses, realized gains and losses&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust&#x2019;s only ordinary recurring fee is expected to be the fee paid to the Sponsor, which will accrue daily at an annualized rate
equal to &lt;span id="xdx_904_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zLGjBtjkeV1g" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the adjusted daily net asset value of the Trust, paid monthly in arrears.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor has agreed to assume administrative and marketing expenses incurred by the Trust, including the Trustee&#x2019;s monthly fee and
out of pocket expenses, the Custodian&#x2019;s fee and the reimbursement of the Custodian&#x2019;s expenses, exchange listing fees, United
States Securities and Exchange Commission (the &#x201c;SEC&#x201d;) registration fees, printing and mailing costs, audit fees and certain
legal expenses.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
fees payable to the Sponsor were $&lt;span id="xdx_904_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_z5Pjkm8T14E4" title="Fees payable to sponsor"&gt;29,422&lt;/span&gt; as of June 30, 2025 and $&lt;span id="xdx_90F_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_z8ldEO5uPN17" title="Fees payable to sponsor"&gt;17,280&lt;/span&gt; as of June 30, 2024. The Sponsor&#x2019;s Fee was $&lt;span id="xdx_900_eus-gaap--SponsorFees_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zbjkp4UG5EFj" title="Sponsor fee"&gt;242,983&lt;/span&gt; for
the year ended June 30, 2025, or &lt;span id="xdx_90A_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zIuzZhcUeE8b" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s assets on an annualized basis, $&lt;span id="xdx_90D_eus-gaap--SponsorFees_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zFWf7T3X9eCk" title="Sponsor fee"&gt;187,695&lt;/span&gt; for the year ended June 30, 2024,
or &lt;span id="xdx_90E_ecustom--FeePaidToSponsor_pid_dp_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zhmpLWB2rNO4" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s assets on an annualized basis, and $&lt;span id="xdx_90C_eus-gaap--SponsorFees_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zVtCMs4FEga7" title="Sponsor fee"&gt;216,715&lt;/span&gt; for the year ended June 30, 2023, or &lt;span id="xdx_903_ecustom--FeePaidToSponsor_pid_dp_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zYXG6symikn9" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s
assets on an annualized basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;With
respect to expenses not otherwise assumed by the Sponsor, the Trustee will, at the direction of the Sponsor or in its own discretion,
sell the Trust&#x2019;s platinum as necessary to pay these expenses. When selling platinum to pay expenses, the Trustee will endeavor
to sell the smallest amounts of platinum needed to pay these expenses in order to minimize the Trust&#x2019;s holdings of assets other
than platinum. Other than the Sponsor&#x2019;s Fee, the Trust had no expenses during the years ended June 30, 2025, 2024 and 2023.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Unless
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
Price. The Trustee will place orders with dealers (which may include the Custodian) through which the Trustee expects to receive the
most favorable price and execution of orders. The Custodian may be the purchaser of such platinum only if the sale transaction is made
at the next LBMA PM Platinum Price or such other publicly available price that the Sponsor deems fair, in each case as set following
the sale order. A gain or loss is recognized based on the difference between the selling price and the cost of the platinum sold. Neither
the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any sale.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Realized
gains and losses result from the transfer of platinum for Share redemptions and / or to pay expenses and are recognized on a trade date
basis as the difference between the fair value and cost of platinum transferred. Gain or loss on sales of platinum bullion is calculated
on a trade date basis using the average cost method.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_847_ecustom--ReceivableAndPayablePolicyTextBlock_zDeHFjdFuLS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.3.
&lt;span id="xdx_864_zjJQoal0vt0b"&gt;Platinum. Receivable and Payable&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Platinum
receivable or payable represents the quantity of platinum covered by contractually binding orders for the creation or redemption of Shares
respectively, where the platinum has not yet been transferred to or from the Trust&#x2019;s account. Generally, ownership of the platinum
is transferred within two business days of the trade date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_845_ecustom--CreationsAndRedemptionsOfSharesPolicyTextBlock_zPhUho6Qyat6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.4.
&lt;span id="xdx_862_zaXo48Mjhrd5"&gt;Creations and Redemptions of Shares&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust issues and redeems in one or more blocks of &lt;span id="xdx_90D_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zdjs2Ul8pgBi" title="Minimum block of shares issued redeemed"&gt;50,000&lt;/span&gt; Shares (a block of &lt;span id="xdx_904_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zJx0ZOhmRwj" title="Minimum block of shares issued redeemed"&gt;50,000&lt;/span&gt; Shares is called a &#x201c;Basket&#x201d;) only to Authorized
Participants on an ongoing basis. The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust
or the distribution by the Trust of the amount of platinum represented by the Baskets being created or redeemed, the amount of which
will be based on the combined ounces represented by the number of shares included in the Baskets being created or redeemed determined
on the day the order to create or redeem Baskets is properly received.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Orders
to create and redeem Baskets may be placed only by Authorized Participants. An Authorized Participant must: (1) be a registered broker-dealer
or other securities market participant, such as a bank or other financial institution, which, but for an exclusion from registration,
would be required to register as a broker-dealer to engage in securities transactions, (2) be a participant in DTC, and (3) must have
an agreement with the Custodian establishing an unallocated account in London or have an existing unallocated account meeting the standards
described herein. To become an Authorized Participant, a person must enter into an Authorized Participant Agreement with the Sponsor
and the Trustee. The Authorized Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of the platinum required for such creations and redemptions. The Authorized Participant Agreement and the related procedures
attached thereto may be amended by the Trustee and the Sponsor, without the consent of any investor or Authorized Participant. A transaction
fee of $&lt;span id="xdx_90C_ecustom--TransactionFeeForCreationsAndRedemptions_pp0p0_c20240701__20250630_zqGYu5R9N0Qf" title="Transaction fee for creations and redemptions"&gt;500&lt;/span&gt; will be assessed on all creation and redemption transactions. Multiple Baskets may be created on the same day, provided each
Basket meets the requirements described below and that the Custodian is able to allocate platinum to the Trust Allocated Account such
that the Trust Unallocated Account holds no more than &lt;span id="xdx_906_ecustom--MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_iI_uoz_c20250630_ze7055GXjPh1" title="Trust unallocated account"&gt;192&lt;/span&gt; ounces of platinum at the close of a business day.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Authorized
Participants who make deposits with the Trust in exchange for Baskets will receive no fees, commissions or other form of compensation
or inducement of any kind from either the Sponsor or the Trust, and no such person has any obligation or responsibility to the Sponsor
or the Trust to effect any sale or resale of shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_84A_eus-gaap--IncomeTaxPolicyTextBlock_zyVDVycwoHBd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.5.
&lt;span&gt;&lt;span id="xdx_86B_zwXRipLHo6Jd"&gt;Income Taxes&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust is classified as a &#x201c;grantor trust&#x201d; for United States federal income tax purposes. As a result, the Trust itself will
not be subject to United States federal income tax. Instead, the Trust&#x2019;s income and expenses will &#x201c;flow through&#x201d; to
the Shareholders, and the Trustee will report the Trust&#x2019;s proceeds, income, gains, losses and deductions to the Internal Revenue
Service on that basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
that &lt;span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20250630_zkg2cLBBiqG1" title="Uncertain tax positions taken in tax returns"&gt;&lt;span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20240630_zLDYM7u3bkc4" title="Uncertain tax positions taken in tax returns"&gt;no&lt;/span&gt;&lt;/span&gt; reserves for uncertain tax positions are required as of June 30, 2025 and June 30, 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust&#x2019;s tax returns to determine whether
the tax positions are &#x201c;more-likely-than-not&#x201d; to be sustained by the applicable tax authority. Tax positions not deemed to
meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax
years are those years that are open for examination by the relevant income taxing authority. As of June 30, 2025, &lt;span id="xdx_901_eus-gaap--IncomeTaxExaminationDescription_c20240701__20250630_zeJThZmfYUjj" title="Income tax examination, description"&gt;the 2025, 2024, 2023
and 2022 tax years remain open for examination.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zniuipwsbYn2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.6
&lt;span id="xdx_86A_znKUUtvKem61"&gt;Recently Issued Accounting Pronouncement&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures
(&#x201c;ASU 2023-07&#x201d;). The Trust operates in one segment. The segment derives its revenues from Trust investments made in accordance
with the defined investment strategy of the Trust, as prescribed in the Trust&#x2019;s prospectus. The Chief Operating Decision Maker
(&#x201c;CODM&#x201d;) is the Sponsor. The CODM monitors the operating results of the Trust. The financial information the CODM leverages
to assess the segment&#x2019;s performance and to make decisions for the Trust&#x2019;s single segment, is consistent with that presented
within the Trust&#x2019;s financial statements.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_851_zdfrr3Zz4Ya9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

</us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock>
    <PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000314">&lt;p id="xdx_84F_ecustom--CustodyAndValuationOfPlatinumPolicyTextBlock_z1O7qyWyqiej" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.1
&lt;span id="xdx_86C_zXWgBLRUkqrk"&gt;Custody and Fair Valuation of Platinum&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust follows the provisions of ASC 820, Fair Value Measurements (&#x201c;ASC 820&#x201d;). ASC 820 provides guidance for determining fair
value and requires increased disclosure regarding the inputs to valuation techniques used to measure fair value. ASC 820 defines fair
value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Platinum
is held by ICBC Standard Bank Plc (the &#x201c;Custodian&#x201d;), on behalf of the Trust, at the Custodian&#x2019;s London, United Kingdom
vaulting premises. &lt;span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20240701__20250630_zq31FczDfAn8" title="Available to sale percentage"&gt;99.81&lt;/span&gt;% and &lt;span id="xdx_90C_ecustom--PercentageOfAllocatedPlatinumAvailableToSale_pid_dp_uPure_c20230701__20240630_zOQqUq56GdEh" title="Available to sale percentage"&gt;99.84&lt;/span&gt;% of platinum is in the form of good delivery platinum bars as of June 30, 2025 and 2024, respectively.
A current list of all platinum held by the Custodian is available on the sponsor&#x2019;s website. The cost of platinum is determined
according to the average cost method and the fair value is based on the London Bullion Market Association (&#x201c;LBMA&#x201d;) Platinum
Price PM.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;LBMA
Platinum Price PM is the price per troy ounce of platinum, stated in U.S. dollars, determined by the LME, following an auction process
starting after 2:00 p.m. (London time), on each day that the London platinum market is open for business, and announced by the LME shortly
thereafter.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
per Share amount of platinum exchanged for a purchase or redemption is calculated daily by the Trustee, using the LBMA Platinum Price
PM to calculate the platinum amount in respect of any liabilities for which covering platinum sales have not yet been made, and represents
the per Share amount of platinum held by the Trust, after giving effect to its liabilities, to cover expenses and liabilities and any
losses that may have occurred.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;ASC
820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are
as follows:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
1: Unadjusted quoted prices in active markets for identical assets or liabilities that the Trust has the ability to access.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
2: Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly.
These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments and similar
data.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Level
3: Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Trust&#x2019;s
own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based
on the best information available.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;span id="xdx_8B1_zZ5Np152J3Mk" style="display: none"&gt;Schedule of Trust Investments Fair Value&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2025&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;85,235&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0324"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0326"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;85,235&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0330"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0332"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2024&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;43,136&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0336"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0338"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;43,136&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0342"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0344"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AB_zRXc6imaod0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;There
were &lt;span id="xdx_906_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20240701__20250630_zr7WNC7vEkUj" title="Fair value measurements transfers"&gt;&lt;span id="xdx_90D_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_do_c20230701__20240630_zOLh47h4HcXk" title="Fair value measurements transfers"&gt;no&lt;/span&gt;&lt;/span&gt; transfers between Level 1 and other Levels for the years ended June 30, 2025 and 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

</PLTM:CustodyAndValuationOfPlatinumPolicyTextBlock>
    <PLTM:PercentageOfAllocatedPlatinumAvailableToSale
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000316"
      unitRef="Pure">0.9981</PLTM:PercentageOfAllocatedPlatinumAvailableToSale>
    <PLTM:PercentageOfAllocatedPlatinumAvailableToSale
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000318"
      unitRef="Pure">0.9984</PLTM:PercentageOfAllocatedPlatinumAvailableToSale>
    <us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000320">&lt;p id="xdx_892_eus-gaap--FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock_zMNyH8Qrcmnd" style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;span id="xdx_8B1_zZ5Np152J3Mk" style="display: none"&gt;Schedule of Trust Investments Fair Value&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2025&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98F_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zSitU7vuq659" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;85,235&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_98B_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z9ScubqBdgE6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0324"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zCJWCKQgFF7f" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0326"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zRh6r7er9uDk" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;85,235&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zK50ez2ufg3k" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0330"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20250630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zFQPZA2lRqx6" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0332"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0"&gt;The following table summarizes the Trust&#x2019;s investments at fair value:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="13" style="font-weight: bold"&gt;(Amounts in 000&#x2019;s of US$)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-weight: bold"&gt;June 30, 2024&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 1&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 2&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Level 3&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 46%; text-align: left; padding-bottom: 1pt"&gt;Investment in Platinum&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zxoGFFvJQ3yg" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;43,136&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_zGThb4XwO1oe" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0336"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_980_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FinancialInstrumentAxis__custom--PlatinumMember_z7LUN0FzrJm6" style="border-bottom: Black 1pt solid; width: 14%; text-align: right" title="Investment in Platinum"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0338"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="width: 1%; padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="font-weight: bold; padding-bottom: 2.5pt"&gt;Total&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_985_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z6HmZ6c10s8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;43,136&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zJdjrF7lRxej" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0342"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentInPhysicalCommodities_iI_pn3n3_c20240630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zLRJHdpVyyk8" style="border-bottom: Black 2.5pt double; text-align: right" title="Total"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0344"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</us-gaap:FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareTableTextBlock>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember"
      decimals="-3"
      id="Fact000322"
      unitRef="USD">85235000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30_us-gaap_FairValueInputsLevel1Member"
      decimals="-3"
      id="Fact000328"
      unitRef="USD">85235000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member_custom_PlatinumMember"
      decimals="-3"
      id="Fact000334"
      unitRef="USD">43136000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30_us-gaap_FairValueInputsLevel1Member"
      decimals="-3"
      id="Fact000340"
      unitRef="USD">43136000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
      contextRef="From2024-07-01to2025-06-30"
      decimals="0"
      id="Fact000346"
      unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet>
    <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
      contextRef="From2023-07-012024-06-30"
      decimals="0"
      id="Fact000348"
      unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet>
    <PLTM:ExpensesPolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000350">&lt;p id="xdx_84F_ecustom--ExpensesPolicyTextBlock_zs6oOOQ0RSad" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.2
&lt;span id="xdx_86C_zH3nCVjuirM7"&gt;Expenses, realized gains and losses&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust&#x2019;s only ordinary recurring fee is expected to be the fee paid to the Sponsor, which will accrue daily at an annualized rate
equal to &lt;span id="xdx_904_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zLGjBtjkeV1g" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the adjusted daily net asset value of the Trust, paid monthly in arrears.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor has agreed to assume administrative and marketing expenses incurred by the Trust, including the Trustee&#x2019;s monthly fee and
out of pocket expenses, the Custodian&#x2019;s fee and the reimbursement of the Custodian&#x2019;s expenses, exchange listing fees, United
States Securities and Exchange Commission (the &#x201c;SEC&#x201d;) registration fees, printing and mailing costs, audit fees and certain
legal expenses.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
fees payable to the Sponsor were $&lt;span id="xdx_904_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_z5Pjkm8T14E4" title="Fees payable to sponsor"&gt;29,422&lt;/span&gt; as of June 30, 2025 and $&lt;span id="xdx_90F_eus-gaap--RelatedPartyTransactionAmountsOfTransaction_pid_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_z8ldEO5uPN17" title="Fees payable to sponsor"&gt;17,280&lt;/span&gt; as of June 30, 2024. The Sponsor&#x2019;s Fee was $&lt;span id="xdx_900_eus-gaap--SponsorFees_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zbjkp4UG5EFj" title="Sponsor fee"&gt;242,983&lt;/span&gt; for
the year ended June 30, 2025, or &lt;span id="xdx_90A_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__srt--TitleOfIndividualAxis__custom--SponsorMember_zIuzZhcUeE8b" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s assets on an annualized basis, $&lt;span id="xdx_90D_eus-gaap--SponsorFees_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zFWf7T3X9eCk" title="Sponsor fee"&gt;187,695&lt;/span&gt; for the year ended June 30, 2024,
or &lt;span id="xdx_90E_ecustom--FeePaidToSponsor_pid_dp_c20230701__20240630__srt--TitleOfIndividualAxis__custom--SponsorMember_zhmpLWB2rNO4" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s assets on an annualized basis, and $&lt;span id="xdx_90C_eus-gaap--SponsorFees_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zVtCMs4FEga7" title="Sponsor fee"&gt;216,715&lt;/span&gt; for the year ended June 30, 2023, or &lt;span id="xdx_903_ecustom--FeePaidToSponsor_pid_dp_c20220701__20230630__srt--TitleOfIndividualAxis__custom--SponsorMember_zYXG6symikn9" title="Fee paid to sponsor, annualized rate"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s
assets on an annualized basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;With
respect to expenses not otherwise assumed by the Sponsor, the Trustee will, at the direction of the Sponsor or in its own discretion,
sell the Trust&#x2019;s platinum as necessary to pay these expenses. When selling platinum to pay expenses, the Trustee will endeavor
to sell the smallest amounts of platinum needed to pay these expenses in order to minimize the Trust&#x2019;s holdings of assets other
than platinum. Other than the Sponsor&#x2019;s Fee, the Trust had no expenses during the years ended June 30, 2025, 2024 and 2023.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Unless
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
Price. The Trustee will place orders with dealers (which may include the Custodian) through which the Trustee expects to receive the
most favorable price and execution of orders. The Custodian may be the purchaser of such platinum only if the sale transaction is made
at the next LBMA PM Platinum Price or such other publicly available price that the Sponsor deems fair, in each case as set following
the sale order. A gain or loss is recognized based on the difference between the selling price and the cost of the platinum sold. Neither
the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any sale.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Realized
gains and losses result from the transfer of platinum for Share redemptions and / or to pay expenses and are recognized on a trade date
basis as the difference between the fair value and cost of platinum transferred. Gain or loss on sales of platinum bullion is calculated
on a trade date basis using the average cost method.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

</PLTM:ExpensesPolicyTextBlock>
    <PLTM:FeePaidToSponsor
      contextRef="From2024-07-012025-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000352"
      unitRef="Pure">0.0050</PLTM:FeePaidToSponsor>
    <us-gaap:RelatedPartyTransactionAmountsOfTransaction
      contextRef="From2024-07-012025-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000354"
      unitRef="USD">29422</us-gaap:RelatedPartyTransactionAmountsOfTransaction>
    <us-gaap:RelatedPartyTransactionAmountsOfTransaction
      contextRef="From2023-07-012024-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000356"
      unitRef="USD">17280</us-gaap:RelatedPartyTransactionAmountsOfTransaction>
    <us-gaap:SponsorFees
      contextRef="From2024-07-012025-06-30_custom_SponsorMember"
      decimals="0"
      id="Fact000358"
      unitRef="USD">242983</us-gaap:SponsorFees>
    <PLTM:FeePaidToSponsor
      contextRef="From2024-07-012025-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000360"
      unitRef="Pure">0.0050</PLTM:FeePaidToSponsor>
    <us-gaap:SponsorFees
      contextRef="From2023-07-012024-06-30_custom_SponsorMember"
      decimals="0"
      id="Fact000362"
      unitRef="USD">187695</us-gaap:SponsorFees>
    <PLTM:FeePaidToSponsor
      contextRef="From2023-07-012024-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000364"
      unitRef="Pure">0.0050</PLTM:FeePaidToSponsor>
    <us-gaap:SponsorFees
      contextRef="From2022-07-012023-06-30_custom_SponsorMember"
      decimals="0"
      id="Fact000366"
      unitRef="USD">216715</us-gaap:SponsorFees>
    <PLTM:FeePaidToSponsor
      contextRef="From2022-07-012023-06-30_custom_SponsorMember"
      decimals="INF"
      id="Fact000368"
      unitRef="Pure">0.0050</PLTM:FeePaidToSponsor>
    <PLTM:ReceivableAndPayablePolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000370">&lt;p id="xdx_847_ecustom--ReceivableAndPayablePolicyTextBlock_zDeHFjdFuLS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.3.
&lt;span id="xdx_864_zjJQoal0vt0b"&gt;Platinum. Receivable and Payable&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Platinum
receivable or payable represents the quantity of platinum covered by contractually binding orders for the creation or redemption of Shares
respectively, where the platinum has not yet been transferred to or from the Trust&#x2019;s account. Generally, ownership of the platinum
is transferred within two business days of the trade date.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

</PLTM:ReceivableAndPayablePolicyTextBlock>
    <PLTM:CreationsAndRedemptionsOfSharesPolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000372">&lt;p id="xdx_845_ecustom--CreationsAndRedemptionsOfSharesPolicyTextBlock_zPhUho6Qyat6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.4.
&lt;span id="xdx_862_zaXo48Mjhrd5"&gt;Creations and Redemptions of Shares&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust issues and redeems in one or more blocks of &lt;span id="xdx_90D_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zdjs2Ul8pgBi" title="Minimum block of shares issued redeemed"&gt;50,000&lt;/span&gt; Shares (a block of &lt;span id="xdx_904_ecustom--MinimumBlockOfSharesIssuedRedeemedAgainstBullion_pid_c20240701__20250630_zJx0ZOhmRwj" title="Minimum block of shares issued redeemed"&gt;50,000&lt;/span&gt; Shares is called a &#x201c;Basket&#x201d;) only to Authorized
Participants on an ongoing basis. The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust
or the distribution by the Trust of the amount of platinum represented by the Baskets being created or redeemed, the amount of which
will be based on the combined ounces represented by the number of shares included in the Baskets being created or redeemed determined
on the day the order to create or redeem Baskets is properly received.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Orders
to create and redeem Baskets may be placed only by Authorized Participants. An Authorized Participant must: (1) be a registered broker-dealer
or other securities market participant, such as a bank or other financial institution, which, but for an exclusion from registration,
would be required to register as a broker-dealer to engage in securities transactions, (2) be a participant in DTC, and (3) must have
an agreement with the Custodian establishing an unallocated account in London or have an existing unallocated account meeting the standards
described herein. To become an Authorized Participant, a person must enter into an Authorized Participant Agreement with the Sponsor
and the Trustee. The Authorized Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of the platinum required for such creations and redemptions. The Authorized Participant Agreement and the related procedures
attached thereto may be amended by the Trustee and the Sponsor, without the consent of any investor or Authorized Participant. A transaction
fee of $&lt;span id="xdx_90C_ecustom--TransactionFeeForCreationsAndRedemptions_pp0p0_c20240701__20250630_zqGYu5R9N0Qf" title="Transaction fee for creations and redemptions"&gt;500&lt;/span&gt; will be assessed on all creation and redemption transactions. Multiple Baskets may be created on the same day, provided each
Basket meets the requirements described below and that the Custodian is able to allocate platinum to the Trust Allocated Account such
that the Trust Unallocated Account holds no more than &lt;span id="xdx_906_ecustom--MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount_iI_uoz_c20250630_ze7055GXjPh1" title="Trust unallocated account"&gt;192&lt;/span&gt; ounces of platinum at the close of a business day.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Authorized
Participants who make deposits with the Trust in exchange for Baskets will receive no fees, commissions or other form of compensation
or inducement of any kind from either the Sponsor or the Trust, and no such person has any obligation or responsibility to the Sponsor
or the Trust to effect any sale or resale of shares.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

</PLTM:CreationsAndRedemptionsOfSharesPolicyTextBlock>
    <PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000374"
      unitRef="Shares">50000</PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion>
    <PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000376"
      unitRef="Shares">50000</PLTM:MinimumBlockOfSharesIssuedRedeemedAgainstBullion>
    <PLTM:TransactionFeeForCreationsAndRedemptions
      contextRef="From2024-07-01to2025-06-30"
      decimals="0"
      id="Fact000378"
      unitRef="USD">500</PLTM:TransactionFeeForCreationsAndRedemptions>
    <PLTM:MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000380"
      unitRef="oz">192</PLTM:MaximumAmountOfGoldToBeHeldByTrustUnallocatedAccount>
    <us-gaap:IncomeTaxPolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000382">&lt;p id="xdx_84A_eus-gaap--IncomeTaxPolicyTextBlock_zyVDVycwoHBd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.5.
&lt;span&gt;&lt;span id="xdx_86B_zwXRipLHo6Jd"&gt;Income Taxes&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust is classified as a &#x201c;grantor trust&#x201d; for United States federal income tax purposes. As a result, the Trust itself will
not be subject to United States federal income tax. Instead, the Trust&#x2019;s income and expenses will &#x201c;flow through&#x201d; to
the Shareholders, and the Trustee will report the Trust&#x2019;s proceeds, income, gains, losses and deductions to the Internal Revenue
Service on that basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
that &lt;span id="xdx_908_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20250630_zkg2cLBBiqG1" title="Uncertain tax positions taken in tax returns"&gt;&lt;span id="xdx_90E_eus-gaap--UnrecognizedTaxBenefits_iI_pp0p0_do_c20240630_zLDYM7u3bkc4" title="Uncertain tax positions taken in tax returns"&gt;no&lt;/span&gt;&lt;/span&gt; reserves for uncertain tax positions are required as of June 30, 2025 and June 30, 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust&#x2019;s tax returns to determine whether
the tax positions are &#x201c;more-likely-than-not&#x201d; to be sustained by the applicable tax authority. Tax positions not deemed to
meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax
years are those years that are open for examination by the relevant income taxing authority. As of June 30, 2025, &lt;span id="xdx_901_eus-gaap--IncomeTaxExaminationDescription_c20240701__20250630_zeJThZmfYUjj" title="Income tax examination, description"&gt;the 2025, 2024, 2023
and 2022 tax years remain open for examination.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

</us-gaap:IncomeTaxPolicyTextBlock>
    <us-gaap:UnrecognizedTaxBenefits
      contextRef="AsOf2025-06-30"
      decimals="0"
      id="Fact000384"
      unitRef="USD">0</us-gaap:UnrecognizedTaxBenefits>
    <us-gaap:UnrecognizedTaxBenefits
      contextRef="AsOf2024-06-30"
      decimals="0"
      id="Fact000386"
      unitRef="USD">0</us-gaap:UnrecognizedTaxBenefits>
    <us-gaap:IncomeTaxExaminationDescription contextRef="From2024-07-01to2025-06-30" id="Fact000388">the 2025, 2024, 2023
and 2022 tax years remain open for examination.</us-gaap:IncomeTaxExaminationDescription>
    <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000390">&lt;p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zniuipwsbYn2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;i&gt;&lt;span style="text-decoration: underline"&gt;2.6
&lt;span id="xdx_86A_znKUUtvKem61"&gt;Recently Issued Accounting Pronouncement&lt;/span&gt;&lt;/span&gt;&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures
(&#x201c;ASU 2023-07&#x201d;). The Trust operates in one segment. The segment derives its revenues from Trust investments made in accordance
with the defined investment strategy of the Trust, as prescribed in the Trust&#x2019;s prospectus. The Chief Operating Decision Maker
(&#x201c;CODM&#x201d;) is the Sponsor. The CODM monitors the operating results of the Trust. The financial information the CODM leverages
to assess the segment&#x2019;s performance and to make decisions for the Trust&#x2019;s single segment, is consistent with that presented
within the Trust&#x2019;s financial statements.&lt;/span&gt;&lt;/p&gt;

</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
    <us-gaap:InvestmentHoldingsTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000392">&lt;p id="xdx_808_eus-gaap--InvestmentHoldingsTextBlock_zDhotFyZTPng" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;3.
&lt;span id="xdx_828_zXMJuw3vkvh7"&gt;Investment in Platinum&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_89F_ecustom--InvestmentsInBullionTableTextBlock_zxFkQVpe93Dk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Changes
in ounces of platinum and their respective values for the year ended June 30, 2025.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; display: none; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;span id="xdx_8B0_zgWvxhkwdP01" style="display: none"&gt;Schedule of Investment in Platinum&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-style: italic"&gt;Amounts in 000&#x2019;s of US$, except for ounces data&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Ounces&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Fair Value&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 60%"&gt;Opening balance as of June 30, 2024&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20240701__20250630_zSYxkDO0aH0a" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)"&gt;42,625.054&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20240701__20250630_zqDOSbgWFaoh" style="width: 16%; text-align: right" title="Platinum opening balance"&gt;43,136&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Platinum contributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_ecustom--ContributedOuncesOfBullion_pid_uoz_c20240701__20250630_zwgwqaFfUHP7" style="text-align: right" title="Platinum contributed (in Ounces)"&gt;30,391.246&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_982_ecustom--ContributedValueOfBullion_pn3n3_c20240701__20250630_zldrsZ2mzc82" style="text-align: right" title="Platinum contributed"&gt;32,318&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Platinum distributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98D_ecustom--DistributedOuncesOfBullion_pid_uoz_c20240701__20250630_zCG8K4K990xl" style="text-align: right" title="Platinum distributed (in Ounces)"&gt;(9,878.943&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_981_ecustom--DistributedValueOfBullion_pn3n3_c20240701__20250630_zETThvndxFmd" style="text-align: right" title="Platinum distributed"&gt;(9,925&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt"&gt;Change in unrealized appreciation (depreciation)&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_987_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20240701__20250630_zQsIuMf2xMk1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0408"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20240701__20250630_zQLG6NPrJtb2" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation"&gt;19,706&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;Ending balance as of June 30, 2025&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20240701__20250630_ziGNUSM42o6c" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)"&gt;63,137.357&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98A_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20240701__20250630_zuiVR83Uic5e" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance"&gt;85,235&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Changes
in ounces of platinum and their respective values for the year ended June 30, 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-style: italic"&gt;Amounts in 000&#x2019;s of US$, except for ounces data&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Ounces&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Fair Value&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 60%"&gt;Opening balance as of June 30, 2023&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98A_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20230701__20240630_z0ur0SDDmfZ2" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)"&gt;38,945.929&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98D_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20230701__20240630_zKWaF3pZ4En1" style="width: 16%; text-align: right" title="Platinum opening balance"&gt;34,934&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Platinum contributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_984_ecustom--ContributedOuncesOfBullion_pid_uoz_c20230701__20240630_zx7oe8j61Y78" style="text-align: right" title="Platinum contributed (in Ounces)"&gt;8,255.423&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_985_ecustom--ContributedValueOfBullion_pn3n3_c20230701__20240630_zeGmFosPRnzk" style="text-align: right" title="Platinum contributed"&gt;7,695&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Platinum distributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98E_ecustom--DistributedOuncesOfBullion_pid_uoz_c20230701__20240630_zm5j5h75jrpd" style="text-align: right" title="Platinum distributed (in Ounces)"&gt;(4,576.298&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_ecustom--DistributedValueOfBullion_pn3n3_c20230701__20240630_z89wlJ1eIEMf" style="text-align: right" title="Platinum distributed"&gt;(4,680&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt"&gt;Change in unrealized appreciation (depreciation)&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20230701__20240630_zZCHPpBlDcP9" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0428"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_985_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20230701__20240630_zif7V7b39Bj1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation"&gt;5,187&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;Ending balance as of June 30, 2024&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20230701__20240630_z2oWDfOvez4b" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)"&gt;42,625.054&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_983_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20230701__20240630_zOnhAn96O1l9" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance"&gt;43,136&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8AA_zFOn9gJpEyeh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;




&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</us-gaap:InvestmentHoldingsTextBlock>
    <PLTM:InvestmentsInBullionTableTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000394">&lt;p id="xdx_89F_ecustom--InvestmentsInBullionTableTextBlock_zxFkQVpe93Dk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Changes
in ounces of platinum and their respective values for the year ended June 30, 2025.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; display: none; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;span id="xdx_8B0_zgWvxhkwdP01" style="display: none"&gt;Schedule of Investment in Platinum&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-style: italic"&gt;Amounts in 000&#x2019;s of US$, except for ounces data&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Ounces&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Fair Value&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 60%"&gt;Opening balance as of June 30, 2024&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20240701__20250630_zSYxkDO0aH0a" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)"&gt;42,625.054&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20240701__20250630_zqDOSbgWFaoh" style="width: 16%; text-align: right" title="Platinum opening balance"&gt;43,136&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Platinum contributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_ecustom--ContributedOuncesOfBullion_pid_uoz_c20240701__20250630_zwgwqaFfUHP7" style="text-align: right" title="Platinum contributed (in Ounces)"&gt;30,391.246&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_982_ecustom--ContributedValueOfBullion_pn3n3_c20240701__20250630_zldrsZ2mzc82" style="text-align: right" title="Platinum contributed"&gt;32,318&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Platinum distributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98D_ecustom--DistributedOuncesOfBullion_pid_uoz_c20240701__20250630_zCG8K4K990xl" style="text-align: right" title="Platinum distributed (in Ounces)"&gt;(9,878.943&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_981_ecustom--DistributedValueOfBullion_pn3n3_c20240701__20250630_zETThvndxFmd" style="text-align: right" title="Platinum distributed"&gt;(9,925&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt"&gt;Change in unrealized appreciation (depreciation)&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_987_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20240701__20250630_zQsIuMf2xMk1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0408"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20240701__20250630_zQLG6NPrJtb2" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation"&gt;19,706&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;Ending balance as of June 30, 2025&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_982_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20240701__20250630_ziGNUSM42o6c" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)"&gt;63,137.357&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98A_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20240701__20250630_zuiVR83Uic5e" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance"&gt;85,235&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Changes
in ounces of platinum and their respective values for the year ended June 30, 2024.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-style: italic"&gt;Amounts in 000&#x2019;s of US$, except for ounces data&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Ounces&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;td style="font-weight: bold; padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"&gt;Fair Value&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-weight: bold"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 60%"&gt;Opening balance as of June 30, 2023&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98A_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iS_pid_uoz_c20230701__20240630_z0ur0SDDmfZ2" style="width: 16%; text-align: right" title="Platinum opening balance (in Ounces)"&gt;38,945.929&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="width: 2%"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98D_eus-gaap--InvestmentInPhysicalCommodities_iS_pn3n3_c20230701__20240630_zKWaF3pZ4En1" style="width: 16%; text-align: right" title="Platinum opening balance"&gt;34,934&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left"&gt;Platinum contributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_984_ecustom--ContributedOuncesOfBullion_pid_uoz_c20230701__20240630_zx7oe8j61Y78" style="text-align: right" title="Platinum contributed (in Ounces)"&gt;8,255.423&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_985_ecustom--ContributedValueOfBullion_pn3n3_c20230701__20240630_zeGmFosPRnzk" style="text-align: right" title="Platinum contributed"&gt;7,695&lt;/td&gt;&lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="text-align: left"&gt;Platinum distributed&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98E_ecustom--DistributedOuncesOfBullion_pid_uoz_c20230701__20240630_zm5j5h75jrpd" style="text-align: right" title="Platinum distributed (in Ounces)"&gt;(4,576.298&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;td&gt;&#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_98C_ecustom--DistributedValueOfBullion_pn3n3_c20230701__20240630_z89wlJ1eIEMf" style="text-align: right" title="Platinum distributed"&gt;(4,680&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="text-align: left; padding-bottom: 1pt"&gt;Change in unrealized appreciation (depreciation)&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_ecustom--ChangeInUnrealizedAppreciationDepreciation_pid_uoz_c20230701__20240630_zZCHPpBlDcP9" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation (in Ounces)"&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl0428"&gt;&#x2013;&lt;/span&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_985_ecustom--ChangeInUnrealizedAppreciationAndDepreciationAmount_pn3n3_c20230701__20240630_zif7V7b39Bj1" style="border-bottom: Black 1pt solid; text-align: right" title="Change in unrealized depreciation"&gt;5,187&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-bottom: 2.5pt"&gt;Ending balance as of June 30, 2024&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_986_eus-gaap--InvestmentOwnedBalanceOtherMeasure_iE_pid_uoz_c20230701__20240630_z2oWDfOvez4b" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance (in Ounces)"&gt;42,625.054&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;&#160;&lt;/td&gt;&lt;td id="xdx_983_eus-gaap--InvestmentInPhysicalCommodities_iE_pn3n3_c20230701__20240630_zOnhAn96O1l9" style="border-bottom: Black 2.5pt double; text-align: right" title="Platinum ending balance"&gt;43,136&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</PLTM:InvestmentsInBullionTableTextBlock>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000396"
      unitRef="oz">42625.054</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000398"
      unitRef="USD">43136000</us-gaap:InvestmentInPhysicalCommodities>
    <PLTM:ContributedOuncesOfBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000400"
      unitRef="oz">30391.246</PLTM:ContributedOuncesOfBullion>
    <PLTM:ContributedValueOfBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000402"
      unitRef="USD">32318000</PLTM:ContributedValueOfBullion>
    <PLTM:DistributedOuncesOfBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="INF"
      id="Fact000404"
      unitRef="oz">-9878.943</PLTM:DistributedOuncesOfBullion>
    <PLTM:DistributedValueOfBullion
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000406"
      unitRef="USD">-9925000</PLTM:DistributedValueOfBullion>
    <PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount
      contextRef="From2024-07-01to2025-06-30"
      decimals="-3"
      id="Fact000410"
      unitRef="USD">19706000</PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2025-06-30"
      decimals="INF"
      id="Fact000412"
      unitRef="oz">63137.357</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2025-06-30"
      decimals="-3"
      id="Fact000414"
      unitRef="USD">85235000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2023-06-30"
      decimals="INF"
      id="Fact000416"
      unitRef="oz">38945.929</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2023-06-30"
      decimals="-3"
      id="Fact000418"
      unitRef="USD">34934000</us-gaap:InvestmentInPhysicalCommodities>
    <PLTM:ContributedOuncesOfBullion
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000420"
      unitRef="oz">8255.423</PLTM:ContributedOuncesOfBullion>
    <PLTM:ContributedValueOfBullion
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000422"
      unitRef="USD">7695000</PLTM:ContributedValueOfBullion>
    <PLTM:DistributedOuncesOfBullion
      contextRef="From2023-07-012024-06-30"
      decimals="INF"
      id="Fact000424"
      unitRef="oz">-4576.298</PLTM:DistributedOuncesOfBullion>
    <PLTM:DistributedValueOfBullion
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000426"
      unitRef="USD">-4680000</PLTM:DistributedValueOfBullion>
    <PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount
      contextRef="From2023-07-012024-06-30"
      decimals="-3"
      id="Fact000430"
      unitRef="USD">5187000</PLTM:ChangeInUnrealizedAppreciationAndDepreciationAmount>
    <us-gaap:InvestmentOwnedBalanceOtherMeasure
      contextRef="AsOf2024-06-30"
      decimals="INF"
      id="Fact000432"
      unitRef="oz">42625.054</us-gaap:InvestmentOwnedBalanceOtherMeasure>
    <us-gaap:InvestmentInPhysicalCommodities
      contextRef="AsOf2024-06-30"
      decimals="-3"
      id="Fact000434"
      unitRef="USD">43136000</us-gaap:InvestmentInPhysicalCommodities>
    <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000436">&lt;p id="xdx_80A_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zdHl9odDobsj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;4.
&lt;span id="xdx_82D_zFijsU5lJ975"&gt;Related parties &#x2013; Sponsor and Trustee&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;A
fee is paid to the Sponsor as compensation for services performed under the Trust Agreement. In exchange for the Sponsor&#x2019;s fee,
the Sponsor has agreed to assume the following administrative and marketing expenses incurred by the Trust: the Trustee&#x2019;s fee and
out-of-pocket expenses, the custodian&#x2019;s fee and reimbursement of the custodian expenses, NYSE Arca listing fees, SEC registration
fees, printing and mailing costs, audit fees and expenses, and up to $&lt;span id="xdx_90E_eus-gaap--LegalFees_c20240701__20250630__srt--RangeAxis__srt--MaximumMember_zmRz0PQJXNOi" title="Legal fees and expenses"&gt;500,000&lt;/span&gt; per annum in legal fees and expenses. The Sponsor&#x2019;s
fee is payable at an annualized rate of &lt;span id="xdx_900_ecustom--FeePaidToSponsor_pid_dp_c20240701__20250630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--RelatedPartyMember_ze5Czktrq96c" title="Sponsor fee payable percentage"&gt;0.50&lt;/span&gt;% of the Trust&#x2019;s Net Asset Value, accrued on a daily basis computed on the prior Business
Day&#x2019;s Net Asset Value and paid monthly in arrears.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Sponsor, from time to time, may temporarily waive all or a portion of the Sponsor&#x2019;s Fee at its discretion for a stated period of
time. Presently, the Sponsor does not intend to waive any part of its fee.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Affiliates
of the Trustee may from time to time act as Authorized Participants or purchase or sell platinum or Shares for their own account, as
agent for their customers and for accounts over which they exercise investment discretion.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
    <us-gaap:LegalFees
      contextRef="From2024-07-012025-06-30_srt_MaximumMember"
      decimals="0"
      id="Fact000438"
      unitRef="USD">500000</us-gaap:LegalFees>
    <PLTM:FeePaidToSponsor
      contextRef="From2024-07-012025-06-30_us-gaap_RelatedPartyMember"
      decimals="INF"
      id="Fact000440"
      unitRef="Pure">0.0050</PLTM:FeePaidToSponsor>
    <us-gaap:ConcentrationRiskDisclosureTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000442">&lt;p id="xdx_805_eus-gaap--ConcentrationRiskDisclosureTextBlock_zo3neR8HLfT7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;5.
&lt;span id="xdx_82C_zaPzRQn2sgG5"&gt;Concentration of risk&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;The
Trust&#x2019;s sole business activity is the investment in platinum. Several factors could affect the price of platinum, including: (i)
global platinum supply and demand, which is influenced by factors such as production and cost levels in major platinum-producing countries,
recycling, autocatalyst demand, industrial demand, jewelry demand and investment demand; (ii) investors&#x2019; expectations with respect
to the rate of inflation; (iii) currency exchange rates; (iv) interest rates; (v) investment and trading activities of hedge funds and
commodity funds; and (vi) global or regional political, economic or financial events and situations. In addition, there is no assurance
that platinum will maintain its long-term value in terms of purchasing power in the future. In the event that the price of platinum declines,
the Sponsor expects the value of an investment in the Shares to decline proportionately. Each of these events could have a material effect
on the Trust&#x2019;s financial position and results of operations.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</us-gaap:ConcentrationRiskDisclosureTextBlock>
    <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000444">&lt;p id="xdx_80C_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_z7HLPJHse2Kk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;6.
&lt;span id="xdx_82F_zpkLaGSUloqk"&gt;Indemnification&lt;/span&gt; &lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Under
the Trust&#x2019;s organizational documents, each of the Trustee (and its directors, officers, employees, shareholders, agents and affiliates)
and the Sponsor (and its members, managers, directors, officers, employees, agents and affiliates) is indemnified against any liability,
loss or expense it incurs without (i) gross negligence, bad faith, willful misconduct or willful misfeasance on its part in connection
with the performance of its obligations under the Trust Agreement or any such other agreement or any actions taken in accordance with
the provisions of the Trust Agreement or any such other agreement and (ii) reckless disregard on its part of its obligations and duties
under the Trust Agreement or any such other agreement. Such indemnity shall also include payment from the Trust of the reasonable costs
and expenses incurred by the indemnified party in investigating or defending itself against any such loss, liability or expense or any
claim therefore. In addition, the Sponsor may, in its sole discretion, undertake any action that it may deem necessary or desirable in
respect of the Trust Agreement and in such event, the reasonable legal expenses and costs and other disbursements of any such actions
shall be expenses and costs of the Trust and the Sponsor shall be entitled to reimbursement by the Trust. The Trust&#x2019;s maximum exposure
under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
    <us-gaap:SubsequentEventsTextBlock contextRef="From2024-07-01to2025-06-30" id="Fact000446">&lt;p id="xdx_802_eus-gaap--SubsequentEventsTextBlock_zkKt6aeKRgq3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&lt;b&gt;7.
&lt;span id="xdx_826_zb8EGj4f1WDb"&gt;Subsequent events&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"&gt;Management
has evaluated the events and transactions that have occurred through the date the financial statements were issued and noted no items
requiring adjustment of the financial statements or additional disclosures.&lt;/span&gt;&lt;/p&gt;

</us-gaap:SubsequentEventsTextBlock>
    <link:footnoteLink
      xlink:role="http://www.xbrl.org/2003/role/link"
      xlink:type="extended">
        <link:loc
          xlink:href="#Fact000052"
          xlink:label="Fact000052"
          xlink:type="locator"/>
        <link:footnote id="Footnote000086" xlink:label="Footnote000086" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Cost
    of investment in platinum: $<xhtml:span
  class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
  id="xdx_905_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20250630_zPA5ssYwvBef"
  title="Cost of investment in platinum bullion">65,762</xhtml:span> and $<xhtml:span
  class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
  id="xdx_900_eus-gaap--InvestmentOwnedAtCost_iI_pn3n3_c20240630_z1Z6m871GO8i"
  title="Cost of investment in platinum bullion">43,369</xhtml:span>, respectively.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000052"
          xlink:to="Footnote000086"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000053"
          xlink:label="Fact000053"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000053"
          xlink:to="Footnote000086"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000076"
          xlink:label="Fact000076"
          xlink:type="locator"/>
        <link:footnote id="Footnote000091" xlink:label="Footnote000091" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US"><xhtml:span
  class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
  id="xdx_902_eus-gaap--CommonStockNoParValue_iI_pid_do_c20250630_z980JbgqOhPf"
  title="Common stock, par value"><xhtml:span
      class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
      id="xdx_90C_eus-gaap--CommonStockNoParValue_iI_pid_do_c20240630_zdWxPRLzLFbd"
      title="Common stock, par value">No</xhtml:span></xhtml:span>
    par value, <xhtml:span
  class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
  id="xdx_90D_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20240701__20250630_zBpPddZsGvJf"
  title="Common stock, shares authorized"><xhtml:span
      class="xdx_phnt_U3RhdGVtZW50IC0gU3RhdGVtZW50cyBvZiBBc3NldHMgYW5kIExpYWJpbGl0aWVzIChQYXJlbnRoZXRpY2FsKQA_"
      id="xdx_901_eus-gaap--CommonStockSharesAuthorizedUnlimited_pid_c20230701__20240630_zbrBlh5nFe3k"
      title="Common stock, shares authorized"><xhtml:span style="-sec-ix-hidden: xdx2ixbrl0097"><xhtml:span style="-sec-ix-hidden: xdx2ixbrl0099">unlimited</xhtml:span></xhtml:span></xhtml:span></xhtml:span> amount authorized.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000076"
          xlink:to="Footnote000091"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000078"
          xlink:label="Fact000078"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000078"
          xlink:to="Footnote000091"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000080"
          xlink:label="Fact000080"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000080"
          xlink:to="Footnote000091"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000082"
          xlink:label="Fact000082"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000082"
          xlink:to="Footnote000091"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000265"
          xlink:label="Fact000265"
          xlink:type="locator"/>
        <link:footnote id="Footnote000308" xlink:label="Footnote000308" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Calculated
    using the average shares outstanding method.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000265"
          xlink:to="Footnote000308"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000266"
          xlink:label="Fact000266"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000266"
          xlink:to="Footnote000308"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact000267"
          xlink:label="Fact000267"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact000267"
          xlink:to="Footnote000308"
          xlink:type="arc"/>
    </link:footnoteLink>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
