
Sprott Silver Miners & Physical Silver ETF Reaches US$500 Million in Assets in Less Than a Year

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Sprott Silver Miners & Physical Silver ETF (SLVR) reached US$500 million in assets under management in less than a year since its launch on January 15. This growth is attributed to rising silver prices and increasing demand, with silver expected to be in a supply deficit for the seventh consecutive year. Sprott Inc. is a global asset manager specializing in precious metals. Sprott shares rose $1.18 to $130.30 on the Toronto Stock Exchange.

