iShares Silver Trust is the world's largest silver ETF fund.

Silver ETF fund refers to a financial derivative product that uses silver as its underlying asset and tracks the fluctuations in spot silver prices.

Large silver producers consign physical silver to fund companies, and then fund companies rely on this physical silver to publicly issue fund shares on the exchange and sell them to various investors. Commercial banks serve as fund custodians and physical custodians respectively.

, investors can freely redeem during the duration of the fund.

Silver ETFs are listed on stock exchanges, and investors can trade silver ETFs as easily as stocks.

Low transaction fees are a big advantage of silver ETFs.

Investors who purchase silver ETFs can avoid silver custody fees, storage fees and insurance premiums, and only need to pay management fees that are usually about 0.3% to 0.4%, compared with the average 2% to 3% of other silver investment channels.

Cost, the advantages are very prominent.

Silver ETF holdings are very high, so their silver buying and selling operations generally affect the price of the silver market.