Silver ETF posts $946.6M net loss as metal price falls 18% and investors redeem 8.6M shares

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Net loss of $946.6M for the six months ended June 30, 2026, driven by an $1.58 billion unrealized loss on silver holdings as the metal's price fell 18.32% from $71.99 to $58.80 per ounce.

  Notes: Unrealized loss on silver investment view on EDGAR →
• high

  NAV declined 27.25% in H1 2026 to $3.95 billion, reversing the prior year's 39.48% gain.

  MD&A: NAV performance verify on EDGAR →