Sprott Silver Miners & Physical Silver UCITS ETF is an exchange-traded fund that seeks to deliver investment results corresponding to the performance of the Nasdaq Sprott Silver Miners Index by investing at least 80% of its assets in securities from that index. The index tracks a curated selection of silver industry securities, encompassing silver producers, developers, explorers, and physical silver holdings. This ETF offers pure-play exposure to the silver sector, blending equity investments in silver mining companies with direct allocation to physical silver, such as through the Sprott Physical Silver Trust. It provides investors with access to companies involved in silver production and exploration, alongside the tangible asset of physical silver bullion. Notable holdings include leading silver miners like First Majestic Silver Corp. and AbraSilver Resource Corp., alongside physical silver trusts. Managed by Sprott Asset Management USA, Inc., with ALPS Advisors, Inc. as sub-adviser, the fund holds a diversified portfolio of around 66 securities, emphasizing material weightings in silver equities and physical silver. Launched in 2025, it is structured as a UCITS-compliant accumulating ETF, reinvesting distributions to support long-term exposure to silver market dynamics. This ETF plays a key role in offering targeted access to the silver industry's growth drivers, including demand from photovoltaics, electronics, and precious metals investment.