两个比较

Key Comparisons

 

Feature	iShares Silver Trust (SLV)	Sprott Physical Silver Trust (PSLV)
Structure	Open-end ETF	Closed-end Trust
Expense Ratio	0.50%	0.62%
Custodian	JPMorgan Chase Bank	Royal Canadian Mint
Physical Redemption	Typically only for authorized participants	Available to any unitholder (minimum ~10,000 oz)
Tax Treatment (US)	Often taxed at 28% collectibles rate	May qualify for 15/20% LT capital gains rate
Net Assets (2026)	~$39.0 Billion	~$18.6 Billion