Sprott Silver Miners & Physical Silver ETF Reaches $100 Million in Assets
MWN-AI** Summary
Sprott Asset Management USA, Inc. has announced that its Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) reached a significant milestone by accumulating $100 million in assets under management as of June 30, 2025. Launched on January 15, 2025, SLVR stands out as the only U.S.-listed ETF providing pure-play exposure to both silver miners and physical silver, an asset that is gaining recognition due to its undervaluation compared to gold and its expanding industrial applications.
John Ciampaglia, CEO of Sprott Asset Management, expressed optimism about silver's potential, noting its recent price surge, surpassing $35 per ounce for the first time in over a decade. He highlighted that as silver prices rise and fundamentals strengthen, silver mining companies are well-positioned to benefit.
The ETF aims to track the performance of the Nasdaq Sprott Silver Miners™ Index (NSLVR), with at least 80% of its total assets invested in the underlying securities. This index includes a variety of companies involved in silver production, development, and exploration, as well as physical silver holdings.
The SLVR ETF is part of Sprott's expanding portfolio of precious metals ETFs, which include offerings focused on gold and critical materials like uranium, copper, lithium, and nickel. This diversification reflects Sprott’s commitment to providing targeted investment opportunities in the precious metals sector.
Overall, the Sprott Silver Miners & Physical Silver ETF has quickly garnered investor interest, paving the way for broader exposure to the silver market, a commodity poised for future growth amidst evolving market dynamics.
MWN-AI** Analysis
The recent announcement of the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) reaching $100 million in assets under management within just five months of its launch is indicative of a growing interest in silver as an investment vehicle. As the only U.S.-listed ETF offering direct exposure to both silver miners and physical silver, SLVR positions itself uniquely in the market, appealing to investors looking for a focused entry into the silver sector.
Silver has been considerably undervalued compared to gold, with recent price movements indicating a resurgence—breaking above $35 per ounce for the first time in over a decade. This bullish trend is likely driven by increasing industrial demand, particularly in technology sectors aiming for sustainable solutions, such as solar energy, where silver plays a critical role.
Investors should consider that SLVR not only encapsulates the potential appreciation of physical silver but also leverages the operational efficiencies and profitability of silver mining companies. As prices rise, silver mining firms could experience substantial margin expansion, enhancing shareholder value.
However, prospective investors must remain cognizant of the inherent risks associated with precious metals and mining equities, including price volatility and regulatory challenges. The current market conditions demonstrate high sensitivity to geopolitical tensions and economic data, which can heavily influence silver prices.
For those looking to diversify their portfolios with exposure to commodities, SLVR presents a compelling option. The fund's strategy—investing at least 80% of its total assets in securities from the Nasdaq Sprott Silver Miners Index—promises a targeted investment approach, aligning with both growth and value-driven investment philosophies.
In conclusion, as industrial demand for silver rises, the Sprott Silver Miners & Physical Silver ETF could be an attractive opportunity for investors seeking both growth potential and hedge against inflation. Careful evaluation of market conditions, alongside rigorous risk management, will be essential for those considering this investment.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Only 1 U.S.-Listed ETF Providing Pure-Play 2 Exposure to Silver Miners and Physical Silver
Rapidly Gains Assets
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) (the “ETF” or “SLVR”) reached $100 million (USD) in assets under management on June 30, 2025, after its launch on January 15, 2025. SLVR is the only 1 ETF focused on providing pure-play 2 exposure to silver miners and physical silver, an undervalued precious metal with evolving industrial and technological uses. The ETF draws on Sprott Asset Management’s extensive experience in the precious metals and critical materials space.
"We believe silver has been considerably undervalued relative to gold, but silver seems to be hitting its stride, with prices recently breaking $35 per ounce for the first time in more than 12 years. Silver miners may be well-positioned as prices rise, fundamentals improve, and industrial demand grows,” said John Ciampaglia, CEO of Sprott Asset Management. “We’re pleased that, in the five months since we launched SLVR, investors have embraced the opportunity to invest in silver miners and physical silver.”
The Sprott Silver Miners & Physical Silver ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Silver Miners™ Index
(NSLVR™) by investing at least 80% of its total assets in securities of the Index. The Nasdaq Sprott Silver Miners Index TM is designed to track the performance of a selection of securities in the silver industry, including silver producers, developers and explorers, and physical silver.
SLVR is part of Sprott’s growing family of precious metals ETFs that include the Sprott Active Gold & Silver Miners ETF (GBUG), Sprott Gold Miners ETF (SGDM) and Sprott Junior Gold Miners ETF (SGDJ) as well as a suite of critical materials ETFs providing pure-play 2 exposure to uranium, copper, lithium, and nickel miners. Sprott ETFs include:
Sprott Precious Metals ETFs:
| Sprott Active Gold & Silver Miners ETF | Nasdaq: GBUG | An actively managed ETF that aims to provide long-term capital appreciation by investing in shares of gold- and silver-focused companies that are engaged in exploring, developing and mining; or royalty and streaming companies engaged in the financing of gold and silver assets. The investment strategy of the Fund is value-oriented and contrarian. |
| Sprott Gold Miners ETF | NYSE Arca: SGDM | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Gold Miners Custom Factors Index (Index Ticker: SOLGMCFT). The Index aims to track the performance of larger-sized gold companies whose stocks are listed on Canadian and major U.S. exchanges. |
| Sprott Junior Gold Miners ETF | NYSE Arca:SGDJ | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges. |
| Sprott Silver Miners & Physical Silver ETF | Nasdaq: SLVR | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, Nasdaq Sprott Silver Miners™ Index (NSLVR™), by investing at least 80% of its total assets in securities of NSLVR. The Nasdaq Sprott Silver Miners Index is designed to track the performance of a selection of securities in the silver industry, including silver producers, developers and explorers, and physical silver. |
Sprott Critical Materials ETFs:
| Sprott Critical Materials ETF | Nasdaq: SETM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Critical Materials™ Index (NSETM™). The Index is designed to track the performance of a selection of global securities in the critical materials industry. |
| Sprott Uranium Miners ETF | NYSE Arca: URNM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index (URNMX). The Index is designed to track the performance of companies that devote at least 50% of their assets to the uranium mining industry, which may include mining, exploration, development and production of uranium, or holding physical uranium, owning uranium royalties or engaging in other non-mining activities that support the uranium mining industry. |
| Sprott Junior Uranium Miners ETF | Nasdaq: URNJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Uranium Miners TM Index (NSURNJ TM ), which is designed to track the performance of mid-, small- and micro-cap companies in uranium mining-related businesses. |
| Sprott Copper Miners ETF | Nasdaq: COPP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners TM Index (NSCOPP TM ), which is designed to track the performance of a selection of global securities in the copper industry, including copper producers, non-producers and physical copper. |
| Sprott Junior Copper Miners ETF | Nasdaq: COPJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Copper Miners TM Index (NSCOPJ TM ), which is designed to track the performance of mid-, small- and micro-cap companies in copper mining-related businesses. |
| Sprott Lithium Miners ETF | Nasdaq: LITP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Lithium Miners TM Index (NSLITP TM ). The Index is designed to track the performance of a selection of global securities in the lithium industry, including lithium producers, developers and explorers. |
| Sprott Nickel Miners ETF | Nasdaq: NIKL | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Nickel Miners TM Index (NSNIKL TM ). The Index is designed to track the performance of a selection of global securities in the nickel industry, including nickel producers, developers and explorers. |
1 Based on Morningstar’s universe of Precious Sector Equity ETFs as of 7/8/2025.
2 The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
About Sprott Asset Management USA, Inc.
Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc. (“Sprott”). Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California, and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com .
Contact:
Glen Williams
Senior Managing Partner
Investor and Institutional Client Relations
Direct: (416) 943-43945
gwilliams@sprott.com
Dan Gagnier
Gagnier Communications
Direct: (646) 569-5897
sprott@gagnierfc.com
IMPORTANT DISCLOSURES
An investor should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.
Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.
The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/ or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the fund, typically in blocks of 10,000 shares.
Nasdaq®, Nasdaq Sprott Silver Miners ™ Index, and NSLVR™ are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Sprott Asset Management LP. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
One cannot invest directly in an index.
The Sprott Active Gold & Silver Miners and Sprott Silver Miners & Physical Silver ETFs are new and have limited operating history.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member.
ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.
© 2025 Sprott Inc. All rights reserved.
FAQ**
What factors contributed to the rapid growth of Sprott Silver Miners & Physical Silver ETF (SLVR) to $100 million in assets under management since January 15, 2025, and how does Sprott Inc. SII:CC plan to sustain this momentum?
In what ways does the Sprott Silver Miners & Physical Silver ETF differentiate itself from other precious metal ETFs, particularly those offered by Sprott Inc. SII:CC, in terms of investment strategy and asset allocation?
Considering recent increases in silver prices, how does Sprott Inc. SII:CC view the long-term demand outlook for silver and its impact on the profitability of silver miners included in the SLVR portfolio?
How does Sprott Inc. SII:CC intend to manage risks associated with investing in silver miners and physical silver, especially given the potential volatility in the precious metals market?
**MWN-AI FAQ is based on asking OpenAI questions about Sprott Junior Uranium Miners ETF (NASDAQ: URNJ).
NASDAQ: URNJ
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