abrdn Silver ETF's net income falls 81.8% to $113.6M as silver price drops

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

• high

  Net income fell 81.8% to $113.6 million in Q3 2026, driven by a much smaller unrealized gain on silver ($89.9 million vs $625.0 million a year earlier).

  MD&A: Net assets from operations verify on EDGAR →
• high

  Nine-month net assets from operations swung to a $721.2 million loss from a $970.8 million gain a year earlier, as silver prices fell 15.6%.

  MD&A: Nine-month performance verify on EDGAR →
• high

  Shares outstanding fell 7% to 73.85 million as redemptions exceeded creations, with realized gains on redemptions surging to $770.1 million from $29.0 million.

  Notes: Share activity view on EDGAR →