As of September 30, 2024, the abrdn Platinum ETF Trust reported total assets of $1,001,099,000, reflecting a slight increase from $997,955,000 at the end of 2023. The investment in platinum was similarly valued at $1,001,099,000, consistent with the total assets. Net assets also rose to $1,000,604,000 from $997,446,000 during the same period. The number of shares outstanding increased from 10,850,000 to 11,100,000.

Despite the growth in total and net assets, the net asset value (NAV) per share experienced a decline, decreasing from $91.93 at December 31, 2023, to $90.14 by September 30, 2024. This decline in NAV per share occurred alongside a net decrease in net assets from operations of $28,421,000 for the three months ended September 30, 2024, contrasting with an increase of $26,508,000 for the same period in 2023. For the nine months ended September 30, 2024, the net decrease in net assets from operations was $14,346,000, a notable improvement compared to a decrease of $108,719,000 for the same period in the previous year.

The Trust reported realized and unrealized losses on its investment in platinum amounting to $(26,935,000) for the three months ended September 30, 2024, in stark contrast to a gain of $27,940,000 for the same period in 2023. This shift in performance can be attributed to a decrease in the price per ounce of platinum, which fell from $1,000.00 at the end of 2023 to $985.00 by September 30, 2024.

The Sponsor's Fee for the three months ended September 30, 2024, was recorded at $1,485,499, while for the nine months, it totaled $4,397,789. These figures indicate ongoing operational costs associated with managing the Trust's assets.