Sprott Silver Miners & Physical Silver ETF Surpasses $1 Billion in Assets in Just Over a Year
MWN-AI** Summary
The Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) has achieved a significant milestone, surpassing $1 billion in assets under management just over a year after its launch on January 14, 2025. This ETF is unique in its focus on providing investors with pure-play exposure to both silver mining companies and physical silver, differentiating it from other investment products in the market.
According to Steve Schoffstall, Managing Partner at Sprott Inc., the past year has been transformative for the silver market, marked by its dual role as both a monetary asset and industrial material, which has driven prices to record levels. The Sprott ETF capitalizes on this momentum, allowing for a targeted investment strategy primarily focused on silver miners that derive the majority of their revenue from silver, rather than from other metals.
The SLVR ETF seeks to align closely with the performance of the Nasdaq Sprott Silver Miners Index (NSLVR), investing at least 80% of its total assets in components of this index. This index monitors various securities in the silver sectors, including producers, developers, and explorers.
Sprott Asset Management, with its robust specialization in precious metals and critical materials, positions the SLVR ETF as a vital tool for investors looking to capitalize on the growing importance of silver in both industrial applications and as an investment vehicle. The ETF is part of a broader family of Sprott products, which includes ETFs focused on gold, uranium, lithium, and other critical materials.
Overall, the success of the Sprott Silver Miners & Physical Silver ETF reflects the increasing investor interest in silver and the strategic positioning of Sprott Asset Management in the precious metals market.
MWN-AI** Analysis
The impressive milestone of the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) reaching $1 billion in assets under management less than a year after its launch highlights a significant surge in interest in silver as both an investment vehicle and strategic asset. As the only U.S.-listed ETF offering pure-play exposure to silver miners and physical silver, SLVR taps into a unique niche within the growing precious metals market.
Investors should consider the broader context of silver's role in global markets. The metal is not only viewed as a hedge against inflation but is also gaining traction in various industrial applications, including electronics and renewable energy technologies, which positions it favorably as demand fluctuates alongside advancements in technology. With recent volatility in economic forecasts and geopolitical tensions, silver is increasingly recognized for its dual role as both a monetary asset and an industrial commodity.
The ETF’s alignment with the Nasdaq Sprott Silver Miners Index, which focuses on firms generating significant revenue from silver mining, reinforces its potential for strong returns driven by silver price appreciation. Investors looking for a meaningful exposure to silver could find SLVR appealing given its focused strategy. Moreover, the presence of seasoned management at Sprott Asset Management lends credibility and expertise to the ETF's operations.
That said, potential investors must remain aware of the risks inherent in commodity-related investments, including price volatility and global supply chain constraints. As SLVR climaxes in its growth phase, it also faces the challenge of maintaining momentum amidst fluctuating silver prices and market conditions. Overall, the SLVR ETF presents an enticing opportunity for those seeking specialized exposure in the precious metals sector, contingent upon careful assessment of risk versus potential reward.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Only1 U.S.-Listed ETF Providing Pure-Play2 Exposure to Silver Miners and Physical Silver
NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) (the “ETF” or “SLVR”) reached $1 billion (USD) in assets under management on January 23, 2026, just over a year following its launch on January 14, 2025. SLVR is the only1 ETF focused on providing pure-play2 exposure to silver miners and physical silver, a 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 sectors.
“Last year was a transformative year for silver, as its convergence as a monetary asset and strategic metal became apparent, and silver prices set new all-time highs. The momentum is continuing in 2026,” said Steve Schoffstall, Managing Partner, Head of ETFs at Sprott Inc. “The Sprott Silver Miners & Physical Silver ETF gives investors a way to invest in pure-play silver miners and physical silver. The ‘pure-play’ differentiator matters, as the companies in the index generate a majority of revenue—not just a small byproduct portion of revenue—from silver mining.”
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 IndexTM 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 the Sprott Inc. (“Sprott”) growing family of precious metals ETFs that include the Sprott Active Gold & Silver Miners ETF (Nasdaq: GBUG), Sprott Gold Miners ETF (NYSE Arca: SGDM) and Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ), as well as a suite of critical materials and diversified metals and mining ETFs providing pure-play2 exposure to uranium, copper, lithium, nickel and other metals miners.
Sprott Precious Metals ETFs
Sprott Active Gold & Silver Miners ETF (Nasdaq: GBUG)
Sprott Gold Miners ETF (NYSE Arca: SGDM)
Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ)
Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR)
Sprott Critical Materials ETFs
Sprott Critical Materials ETF (Nasdaq: SETM)
Sprott Uranium Miners ETF (NYSE Arca: URNM)
Sprott Junior Uranium Miners ETF (Nasdaq: URNJ)
Sprott Copper Miners ETF (Nasdaq: COPP)
Sprott Junior Copper Miners ETF (Nasdaq: COPJ)
Sprott Lithium Miners ETF (Nasdaq: LITP)
Sprott Nickel Miners ETF (Nasdaq: NIKL)
Sprott Diversified Metals & Mining ETFs
Sprott Active Metals & Miners ETF (Nasdaq: METL)
1 Based on Morningstar’s universe of Precious Metals Sector Equity ETFs as of 1/28/2026.
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
[email protected]
Dan Gagnier
Gagnier Communications
Direct: (646) 569-5897
[email protected]
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 “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 Metals & Miners ETF and Sprott Active Gold & Silver Miners ETF 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.
© 2026 Sprott Inc. All rights reserved.
FAQ**
How does the Sprott Silver Miners & Physical Silver ETF (SLVR) differentiate itself from the Sprott Active Metals & Miners ETF (METL) in terms of investment strategy and exposure to silver miners?
What specific metrics or performance indicators does SLVR use to exhibit its success relative to other ETFs such as the Sprott Active Metals & Miners ETF (METL)?
Given the current market dynamics, how does the SLVR ETF complement the investment theme of the Sprott Active Metals & Miners ETF (METL) in terms of precious metal exposure?
Can you explain the risks associated with investing in SLVR compared to those in the Sprott Active Metals & Miners ETF (METL), particularly concerning volatility and commodity price fluctuations?
**MWN-AI FAQ is based on asking OpenAI questions about Sprott Junior Uranium Miners ETF (NASDAQ: URNJ).
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