As of September 30, 2024, the abrdn Silver ETF Trust reported total assets of $1,453,617,000, reflecting a significant increase from $1,060,674,000 at the end of 2023. The investment in silver was similarly valued at $1,453,617,000, marking a substantial rise over the previous fiscal period. Net assets also saw an increase, reaching $1,453,261,000 compared to $1,060,403,000 at December 31, 2023.

The number of shares outstanding rose from 46,550,000 at the end of 2023 to 48,950,000 by September 30, 2024. This increase contributed to a rise in net asset value (NAV) per share, which grew from $22.78 to $29.69 during the same period.

For the three months ending September 30, 2024, total expenses amounted to $1,041,000, up from $835,000 for the corresponding period in 2023. The Trust reported realized gains on silver distributed for the redemption of shares of $8,463,000, a notable increase from $2,741,000 in the prior year. Additionally, the total gain on investment in silver for the same three-month period was $80,836,000, compared to $28,545,000 in 2023. The change in net assets from operations for this quarter was $79,795,000, significantly higher than the $27,710,000 reported in the previous year.

For the nine months ended September 30, 2024, the Trust's NAV increased by 37.05%, rising from $1,060,403,000 at December 31, 2023, to $1,453,261,000. This growth was supported by a 30.64% increase in the price per ounce of silver, which rose from $23.79 to $31.08 during the same timeframe.