07:33 AM EDT, 10/14/2025 (MT Newswires) -- Sprott Inc. ( SII ) , on behalf of the Sprott Physical Silver Trust ( PSLV ) announced Tuesday that PSLV's net asset value has surpassed US$10 billion.

"This is a significant milestone for the Sprott Physical Silver Trust ( PSLV )," said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. "Silver prices have recently set all-time highs and demand for physical metal is surging."

As of October 13, 2025, a statement noted, PSLV held 202.6 million ounces of silver on behalf of its unitholders. On September 2, 2025, the Bourse de Montreal began listing options on the TSX-listed ticker for PSLV.