Sprott Inc. announced on March 27, 2025, that the net asset value (NAV) of the Sprott Physical Silver Trust (PSLV) has surpassed US$6 billion. This milestone reflects significant growth and investor confidence in the Trust's offerings.
PSLV provides investors with an alternative method to own fully allocated and segregated physical silver. The Trust's CEO, John Ciampaglia, emphasized that PSLV does not store its metal with bullion banks and offers physical redemption options, subject to minimum investment size.
The achievement of this NAV milestone underscores the success of Sprott's strategy in providing liquid, exchange-listed vehicles for physical precious metals. PSLV's units trade at price levels that closely correspond to the spot silver market.
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