Sprott Physical Silver Trust Net Asset Value Reaches $10 Billion

Core Points - Sprott Physical Silver Trust's net asset value has exceeded US$10 billion, marking a significant milestone for the Trust [1][2] - The Trust currently holds 202.6 million ounces of silver, reflecting a surge in demand for physical silver as prices reach all-time highs [2][3] Company Overview - Sprott Inc. is a global asset manager specializing in precious metals and critical materials investments, with a focus on providing secure and convenient investment alternatives [4] - The company operates through various investment strategies, including Exchange Listed Products, Managed Equities, and Private Strategies, and has offices in multiple locations including Toronto and New York [4] Trust Details - The Sprott Physical Silver Trust was established to invest primarily in physical silver bullion, offering investors a liquid and exchange-traded option to hold physical silver without the typical inconveniences [3] - All silver held by the Trust is fully allocated and redeemable by investors, subject to minimum holding requirements [3]