Sprott Physical Silver Trust Net Asset Value Reaches $6 Billion
Sprott Physical Silver Trust (PSLV) has achieved a significant milestone with its net asset value (NAV) surpassing US$6 billion. The Trust, managed by Sprott Inc. (NYSE/TSX: SII), has established itself as the second-largest exchange-listed physical silver fund globally, holding 182.1 million ounces of silver for its unitholders.
The Trust has demonstrated substantial growth, acquiring over 120 million ounces since 2020 and 1.5 million ounces in 2025 to date. PSLV offers investors a liquid, exchange-listed vehicle for physical silver ownership, with prices closely tracking the spot silver market. The Trust received physical redemption requests for 866,000 ounces in 2024, with no redemption requests recorded in 2025.
Il Sprott Physical Silver Trust (PSLV) ha raggiunto un traguardo significativo, superando un valore patrimoniale netto (NAV) di 6 miliardi di dollari USA. Il Trust, gestito da Sprott Inc. (NYSE/TSX: SII), si è affermato come il secondo fondo di argento fisico quotato in borsa a livello globale, detenendo 182,1 milioni di once d'argento per i suoi unitholder.
Il Trust ha dimostrato una crescita sostanziale, acquisendo oltre 120 milioni di once dal 2020 e 1,5 milioni di once nel 2025 fino ad oggi. Il PSLV offre agli investitori un veicolo liquido, quotato in borsa, per la proprietà di argento fisico, con prezzi che seguono da vicino il mercato spot dell'argento. Nel 2024, il Trust ha ricevuto richieste di riscatto fisico per 866.000 once, senza registrare richieste di riscatto nel 2025.
El Sprott Physical Silver Trust (PSLV) ha logrado un hito significativo al superar un valor neto de activos (NAV) de 6 mil millones de dólares estadounidenses. El Trust, administrado por Sprott Inc. (NYSE/TSX: SII), se ha establecido como el segundo fondo de plata física cotizado en bolsa a nivel mundial, con 182,1 millones de onzas de plata para sus unitholders.
El Trust ha demostrado un crecimiento sustancial, adquiriendo más de 120 millones de onzas desde 2020 y 1,5 millones de onzas en 2025 hasta la fecha. El PSLV ofrece a los inversores un vehículo líquido, cotizado en bolsa, para la propiedad de plata física, con precios que siguen de cerca el mercado spot de plata. En 2024, el Trust recibió solicitudes de redención física por 866,000 onzas, sin registrar solicitudes de redención en 2025.
Sprott Physical Silver Trust (PSLV)는 60억 달러(미화)의 순자산가치(NAV)를 초과하여 중요한 이정표를 달성했습니다. Sprott Inc. (NYSE/TSX: SII)에서 관리하는 이 신탁은 전 세계에서 두 번째로 큰 상장 물리적 은 펀드로 자리 잡았으며, 182.1백만 온스의 은을 유닛 보유자를 위해 보유하고 있습니다.
이 신탁은 2020년 이후 1억 2천만 온스 이상을 인수하고, 현재까지 2025년에 150만 온스를 추가로 확보하는 등 상당한 성장을 보여주었습니다. PSLV는 투자자에게 물리적 은 소유를 위한 유동적이고 상장된 수단을 제공하며, 가격은 현물 은 시장을 밀접하게 추적합니다. 2024년에는 866,000온스에 대한 물리적 환매 요청을 받았으며, 2025년에는 환매 요청이 기록되지 않았습니다.
Le Sprott Physical Silver Trust (PSLV) a atteint une étape significative en dépassant un valeur nette d'actifs (NAV) de 6 milliards de dollars américains. Le Trust, géré par Sprott Inc. (NYSE/TSX: SII), s'est établi comme le deuxième fonds d'argent physique coté en bourse au monde, détenant 182,1 millions d'onces d'argent pour ses unitholders.
Le Trust a montré une croissance substantielle, acquérant plus de 120 millions d'onces depuis 2020 et 1,5 million d'onces en 2025 à ce jour. Le PSLV offre aux investisseurs un véhicule liquide, coté en bourse, pour la propriété d'argent physique, avec des prix qui suivent de près le marché de l'argent au comptant. En 2024, le Trust a reçu des demandes de rachat physique pour 866 000 onces, sans aucune demande de rachat enregistrée en 2025.
Der Sprott Physical Silver Trust (PSLV) hat einen bedeutenden Meilenstein erreicht, indem er einen Nettoinventarwert (NAV) von über 6 Milliarden US-Dollar überschreitet. Der Trust, der von Sprott Inc. (NYSE/TSX: SII) verwaltet wird, hat sich als der zweitgrößte an der Börse notierte physische Silberfonds weltweit etabliert und hält 182,1 Millionen Unzen Silber für seine Unitholder.
Der Trust hat ein erhebliches Wachstum gezeigt und seit 2020 über 120 Millionen Unzen erworben und in 2025 bis heute 1,5 Millionen Unzen hinzugefügt. PSLV bietet Investoren ein liquides, an der Börse notiertes Vehikel für den Besitz von physischem Silber, wobei die Preise eng mit dem Spotmarkt für Silber korrelieren. Im Jahr 2024 erhielt der Trust physische Rücknahmeanträge für 866.000 Unzen, während im Jahr 2025 keine Rücknahmeanträge verzeichnet wurden.
- NAV surpassed US$6 billion milestone
- Second-largest exchange-listed physical silver fund globally
- Holds substantial 182.1 million ounces of silver
- Strong acquisition growth with 120+ million ounces since 2020
- Zero redemption requests in 2025 indicating strong holder confidence
- 866,000 ounces of silver redemption requests in 2024
TORONTO, March 27, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Silver Trust (NYSE Arca/TSX: PSLV) (“PSLV” or the “Trust”) today announced that PSLV’s net asset value (“NAV”) has surpassed US
“We would like to thank our unitholders for their trust and support in helping the Sprott Physical Silver Trust reach this significant milestone,” said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. “PSLV provides investors with an alternative way to own fully allocated and segregated physical silver at a time when physical ownership has never been more important.”
““PSLV is fully backed by physical silver which is redeemable, subject to minimum investment size, and does not store its metal with bullion banks,” continued Mr. Ciampaglia. “PSLV is a liquid exchange-listed vehicle, which is easy to buy and sell at price levels that closely correspond to the spot silver market.”
Key statistics:
- PSLV is the second largest exchange listed physical silver fund in the world1 with 182.1 million ounces of silver held on behalf of its unitholders
- PSLV has purchased over 120 million ounces since the beginning of 2020 and 1.5 million ounces so far in 2025
- PSLV received physical redemption requests for 866 thousand ounces of silver in 2024 and has received no physical redemption requests in 2025
About Sprott
Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII“. For more information, please visit www.sprott.com.
About the Trust
Important information about the Trust, including the investment objectives and strategies, applicable management fees, and expenses, is contained in the prospectus. Please read the prospectus carefully before investing. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Trusts on the Toronto Stock Exchange (“TSX”) or the New York Stock Exchange (“NYSE”). If the units are purchased or sold on the TSX or the NYSE, investors may pay more than the current net asset value when buying units or shares of the Trusts and may receive less than the current net asset value when selling them. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
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1 Based on Morningstar’s universe of listed investment funds. Data as of 12/31/2024
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, our statements about price levels of the Trust closely corresponding to the spot silver markets.
With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, the silver market and the trading of Trust units. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Trust's continuous disclosure filings, which are available at www.sec.gov and www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
Investor Contact:
Glen Williams
Managing Partner
Investor and Institutional Client Relations
Direct: 416-943-4394
gwilliams@sprott.com
Media contact:
Dan Gagnier
Gagnier Communications
(646) 569-5897
sprott@gagnierfc.com
FAQ
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