Sprott Asset Management LP announced the launch of the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) on January 15, 2025. This new ETF is designed to provide pure-play exposure to silver miners and physical silver, making it the only U.S.-listed ETF with this specific focus.
The SLVR ETF seeks to provide investment results that correspond generally to the total return performance of the Nasdaq Sprott Silver Miners™ Index. This index tracks a selection of securities in the silver industry, including producers, developers, explorers, and physical silver.
The launch of SLVR expands Sprott's suite of ETFs, leveraging its expertise in precious metals and critical materials. This product aims to capitalize on growing demand for silver in clean technology, solar energy, automotive, and healthcare industries, offering investors a targeted opportunity in the silver market.
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