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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Expenses        
Sponsor's fees $ 15,254,121 $ 14,120,304 $ 27,792,119 $ 27,253,934
Total expenses 15,254,121 14,120,304 27,792,119 27,253,934
Net investment loss (15,254,121) (14,120,304) (27,792,119) (27,253,934)
Net Realized and Unrealized Gain (Loss)        
Silver bullion sold to pay expenses 2,597,562 1,318,757 3,191,968 2,094,798
Silver bullion distributed for the redemption of Shares 413,628,878 79,642,405 495,778,681 128,819,679
Net realized gain 416,226,440 80,961,162 498,970,649 130,914,477
Net change in unrealized appreciation/depreciation 1,680,168,086 (745,821,212) 1,906,382,706 (861,552,911)
Net realized and unrealized gain (loss) 2,096,394,526 (664,860,050) 2,405,353,355 (730,638,434)
Net increase (decrease) in net assets resulting from operations $ 2,081,140,405 $ (678,980,354) $ 2,377,561,236 $ (757,892,368)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 4.45 $ (1.33) $ 5.06 $ (1.48)
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.