Popular Topics

Terms
You are leaving GraniteShares.com

You are now leaving GraniteShares. We are not responsible for the content on any external website linked to from within this site. Opinions expressed are those of the author or fund manager as of the publication date and are subject to change, are not guaranteed, should not be considered recommendations to buy or sell any security, and should not be considered investment advice.

All performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. For the fund's most recent month end performance, please call 1(844) 476-8747.

For a prospectus on any of our GraniteShares Funds, please click here.

PLTM

GraniteShares Platinum Trust

Fund Objective

The GraniteShares Platinum Trust is designed to seek the performance of the price of platinum, less trust expenses.

Key Features

Physically Backed: The Trust holds only LPPM1 good delivery bullion stored in a vault domiciled in London, UK.

Transparent and Secured: The list of platinum bullion held by the Trust is published daily. The vault is audited twice a year. Lending of the metal is not permitted, and the Trust cannot hold derivatives.

Cost Effective: PLTM is the lowest cost platinum ETF on the market.2

Easy to Access: PLTM is listed on NYSE Arca and can be traded through a normal brokerage account.

PLTM Fact Summary

TickerPLTM
Benchmark Spot Platinum
Sponsor Fee- per annum
Base CurrencyUSD
Nav as of --
Closing Price as of --
Premium/Discount -
CUSIP38748T 103
IOPV PLTMIV
ExchangeNYSE Arca
Inception Date-

Dual Nature

Platinum features the dual characteristics of precious and industrial metals. As a precious metal it can help to diversify investor portfolios. As an industrial metal it provides exposure to key specialty manufacturing industries.

Reducing CO2 Emissions

Platinum benefits from stricter emission regulations. It is used in catalytic converters for diesel engines, and for fuel cell electric vehicles.

Multiple Industrial Applications

Platinum has numerous industrial applications in, for example, biomedical research, specialty electronics and green technologies.

New Investor Update GraniteShares Reaches $11 Billion in Assets Under Management View GraniteShares Reaches $11 Billion in Assets Under Management

PLTM Details

Performance Details
Filter Investor Favorites
Data as of
View Premium Discounts Data & Charts
All Data on Total Return Basis 1 Month 3 Months YTD 1 Year 3 Years Since Inception
Holdings

Current Holding as of -

Total Value $ -
Total Ounces Held 82,314.10 Troy ounces
Number of Shares 8,000,000
Ounces Per Shares 0.0096783
Ounces Per Basket
(50,000 Shares Per Basket)
483.9130000 Oz

Holding Properties

100% LPPM Good Deliveries platinum Ingots
Each bar is segregated, individually identified and allocated

LPPM Good Deliveries Ingots Explained

In order to qualify for LPPM Good Delivery, ingots must meet the following specifications (more details available on LPPM Good Delivery):

Mark Stamp of the refiner, the assay mark, the fineness, the serial number, the letters PT or PLATINUM, the year of production and the weight in grams, kilograms or troy ounces
Accredited refiners

To be LPPM accredited, refiners must undergo checks regarding their history in the market, their financial standing and their ability to produce plates and ingots that meet the exacting standards of London Good Delivery
The list of LPPM Good Delivery refiners is availablehere .

Fineness The minimum acceptable fineness is 99.95%
Weight Minimum permitted weight is 1 kilogram (32.151 troy ounces) and the maximum permitted weight is 6 kilograms (192.904 troy ounces)
Vault Details

ICBC Standard Bank Plc is the Fund’s custodian. ICBC Standard Bank is one of the only 3 members that are LBMA clearing members and have their own vault. ICBC Standard Bank is a full LBMA member as well as an LBMA market maker. Details about LBMA membership is available here .

Details

Custodian ICBC Standard Bank PLC
Vault Location London
Metal Lending Not Allowed
Vault Inspector Bureau Veritas
Inspection Frequency Twice Annually

Latest Inspection Reports

Inspection Report June 2025
Inspection Report December 2024
Inspection Report July 2024
Inspection Report January 2024
Inspection Report July 2023
Inspection Report January 2023
Inspection Report July 2022
Inspection Report February 2022
Investor Documents
Document Name
PLTM – Prospectus Regulatory PLTM – 10K June 2024 Regulatory PLTM 10Q December 2024 Regulatory PLTM – 10Q September 2024 Regulatory PLTM – 10Q March 2025 Regulatory PLTM – 10K June 2025 Regulatory Factsheet Marketing BARLIST Marketing Product List Marketing PLTM – Tax Data – 2024 Tax PLTM – Tax Data – 2024 (.xls) Tax PLTM – Tax Data – 2023 Tax PLTM – Tax Data – 2023 (.xls) Tax PLTM – Tax Data – 2022 Tax PLTM – Tax Data – 2022 (.xls) Tax PLTM – Tax Data – 2021 Tax PLTM – Tax Data – 2021 (.xls) Tax PLTM – Tax Data – 2020 Tax PLTM – Tax Data – 2020 (.xls) Tax PLTM – Tax Document – December 2019 (pdf) Tax PLTM – Tax Document – December 2019 (xls) Tax
View All Documents
Similar Investments
Premium/Discount Data & Charts
Latest Premium Discount
Latest Premium Discount
as of June 13, 2025
NAVCONI PriceCONI Premium / (Discount)CONI
Data for the current quarter
as of June 13, 2025
Days at PremiumCONI Days at NAVCONI Days at DiscountCONI
-Year 2024 Days at PremiumCONICONI Days at NAVCONICONI Days at DiscountCONICONI
as of March 31, 2025 Greatest PremiumCONI Greatest DiscountCONI Days Between -0.5% to 0.0%CONI Days Between 0.0% to 0.5%CONI
Historical Premium/Discount Chart
as of March 31, 2025

Chart Description

The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.


Premium/Discount Frequency

as of March 31, 2025

Chart Description

The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund’s net asset value (or NAV). The market price is the last price as published by the exchange on which the Fund is listed. It is generally the average of the bid-ask prices at 4:00 PM ET. The NAV is calculated by reference to the closing price of the positions held by the Fund. The vertical axis of the chart shows the premium or discount of the market price as percentage of the NAV. The horizontal axis shows the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Possible Time Discrepancies

The primary explanation is that timing discrepancies can arise between the NAV and the closing price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.