iShares Silver Trust

iShares Silver Trust is a commodity-focused exchange-traded product designed to reflect the day-to-day price performance of silver bullion. The trust holds physical silver bars in secure vaults and seeks to mirror the LBMA Silver Price, allowing market participants to gain direct exposure to silver without having to buy, store, or insure the metal themselves. It is structured as a grantor trust rather than a traditional investment company, and it is passively managed, meaning holdings are adjusted primarily to maintain correspondence with the underlying silver benchmark. iShares Silver Trust is sponsored by iShares, a BlackRock brand, and is used by individuals and institutions to access the silver market for portfolio diversification, commodity allocation, or tactical exposure to precious metals prices. Established in 2006 and headquartered in the United States, it is one of the most widely used vehicles globally for accessing investment-grade silver.