XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Expenses    
Sponsor's fees $ 13,133,630 $ 15,968,507
Total expenses 13,133,630 15,968,507
Net investment loss (13,133,630) (15,968,507)
Net Realized and Unrealized Gain (Loss)    
Silver bullion sold to pay expenses 776,041 1,304,282
Silver bullion distributed for the redemption of Shares 49,177,274 69,885,981
Net realized gain 49,953,315 71,190,263
Net change in unrealized appreciation/depreciation (115,731,699) 874,378,036
Net realized and unrealized gain (loss) (65,778,384) 945,568,299
Net increase (decrease) in net assets resulting from operations $ (78,912,014) $ 929,599,792
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ (0.15) $ 1.59
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.