
GraniteShares Platinum Trust
100
Recent news coverage highlights the Trust's shares as oversold and notes its inclusion among best-performing commodity and metals ETFs, reflecting market interest in platinum exposure through ETFs.
- Shares of PLTM have been identified as oversold, indicating potential market sentiment shifts [N1].
- The Trust has been featured among best-performing commodity ETFs in recent weekly performance reviews [N2].
- Coverage includes the Trust in discussions of prominent ETF stories and metals ETFs with significant potential for 2026 [N3][N5].
GraniteShares Platinum Trust (PLTM) is a grantor trust established in 2018 to hold physical platinum bullion. Each share represents a fractional undivided beneficial interest in the Trust's platinum holdings. The Trust's assets consist solely of physical platinum bullion, primarily held in allocated form by a custodian. The Trust does not engage in active trading or hedging and has no employees or officers. Shares are issued only when corresponding platinum is deposited and can be redeemed in baskets for physical platinum. The Trust aims to provide investors with a simple, cost-efficient means to gain exposure to platinum without the complexities and expenses of direct physical ownership. Shares trade on an exchange and are valued daily based on the LBMA Platinum Price. The Sponsor assumes most expenses and charges a fee paid in platinum. The Trust is not registered as an investment company and is not subject to commodity futures regulation. The platinum market is global and regulated by various authorities. The Trust's platinum holdings are audited biannually to verify physical assets.
GraniteShares Platinum Trust is a grantor trust that holds physical platinum bullion as its sole asset, with shares representing fractional ownership interests. The Trust's shares are backed primarily by allocated physical platinum held by a custodian and are designed to provide investors with a cost-efficient and accessible alternative to direct physical platinum investment. The Trust does not engage in active management or trading and values its platinum holdings daily using the LBMA Platinum Price. Financial disclosures for the fiscal year ended June 30, 2026, report a net loss of $6,998,000 and EPS of -$0.67. The Trust's shares trade on an exchange and may trade at premiums or discounts to NAV. Recent news coverage highlights the Trust's shares as oversold and notes its position among best-performing commodity ETFs. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
Investors gain exposure to physical platinum through a cost-efficient, accessible vehicle without the complexities of direct bullion ownership. The Trust's shares are backed by allocated physical platinum, reducing credit risk compared to derivative products. The ability to trade shares on an exchange with margin eligibility provides liquidity and flexibility. The Trust benefits from a reputable custodian and trustee, daily transparent valuation, and a Sponsor that assumes most expenses, potentially enhancing cost efficiency for investors. Recent news coverage highlights interest in commodity and metals ETFs, indicating market attention.
The Trust's value is directly linked to the volatile price of platinum, which can fluctuate significantly and impact share value. Shares may trade at premiums or discounts to NAV due to market supply and demand and non-concurrent trading hours with major platinum markets, potentially affecting liquidity and pricing. The Trust does not engage in active management or hedging, exposing investors fully to platinum price risk. Expenses and fees, although mostly assumed by the Sponsor, can reduce returns. Market disruptions, regulatory changes, or operational issues with custodians or trustees could adversely affect the Trust's operations and share value.
The Trust's moat lies in its structure as a grantor trust holding allocated physical platinum bullion, providing minimal credit and counterparty risk compared to derivative-based precious metals products. Its operational setup with a reputable custodian and trustee, daily valuation based on a recognized benchmark, and the ability for investors to trade shares on an exchange with liquidity and margin eligibility enhance its accessibility and cost efficiency. The Sponsor's assumption of most expenses and the Trust's transparent regulatory compliance further support investor confidence. However, the Trust's value is directly tied to the volatile platinum market price, which can impact share value.
• Platinum Price Volatility: The Trust's share value is directly affected by fluctuations in the price of platinum, which is known to be volatile and can impact investment value.
• Premium/Discount to NAV: Shares may trade at prices above or below their net asset value due to market supply and demand imbalances and non-concurrent trading hours with major platinum markets.
• Operational Risks: Disruptions in the operations of the Sponsor, Trustee, or Custodian, including issues with physical platinum custody or valuation, could negatively impact the Trust.
• Regulatory Risks: Changes in regulation affecting the platinum market, securities, or commodities could affect the Trust's operations or share trading.
• Liquidity Risks: Reduced liquidity in the platinum market or the Trust's shares, especially outside major market hours, may widen trading spreads and affect share pricing.
Business trends: Continued interest in commodity and metals ETFs, with platinum market volatility influencing share value.
Execution milestones: Ongoing daily valuation, biannual audits of physical platinum holdings, and maintenance of regulatory compliance.
Key risks: Platinum price volatility, potential premiums/discounts to NAV, operational and regulatory uncertainties impacting Trust performance.
Very high visibility
Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).
- GraniteShares Platinum Trust (PLTM) is a grantor trust formed on January 11, 2018, that holds physical platinum bullion as its sole asset, with shares representing fractional undivided beneficial interests in the Trust [S1].
- The Trust's assets consist solely of physical platinum bullion, primarily allocated and held in custody by ICBC Standard Bank Plc, with The Bank of New York Mellon acting as Trustee [S1].
- Shares are backed by physical platinum held in allocated form, except for up to 192 ounces that may be held unallocated temporarily; the platinum is not subject to borrowing or counterparty credit risk [S1].
- The Trust issues shares only when corresponding platinum is deposited, and shares can be redeemed in baskets of 50,000 shares for physical platinum [S1].
- The Trust is not managed as an active investment vehicle; it does not engage in trading or hedging and has no employees or officers [S1].
- The Trust's objective is for the share value to reflect the value of the platinum assets less expenses and liabilities, providing a cost-efficient alternative to direct physical platinum investment [S1].
- Shares trade on an exchange and may trade at a premium or discount to NAV, influenced by market supply and demand and non-concurrent trading hours with major platinum markets [S1].
- The Trust values its platinum holdings daily using the LBMA Platinum Price PM or AM as a benchmark [S1].
- The Sponsor, GraniteShares LLC, assumes most Trust expenses and charges a Sponsor's Fee accrued daily at 0.50% annualized of the Trust's net asset value, paid in platinum [S1].
- The Trustee handles day-to-day administration, including creation/redemption of shares, platinum custody coordination, NAV calculation, and selling platinum to cover expenses if needed [S1].
- The Trust is not registered as an investment company and is not subject to Commodity Exchange Act regulation; shares are not commodity interests [S1].
- The Trust's financials for fiscal year ending June 30, 2026, show a net loss of $6,998,000 and basic and diluted EPS of -$0.67 per share [S1].
- Liquidity ratios and other balance sheet details are not disclosed in the SEC snapshot [S1].
- The Trust's platinum market is global, with major trading centers in London and Zurich OTC markets and regulated futures exchanges such as NYMEX and TOCOM [S1].
- The platinum market is regulated by governmental and self-regulatory bodies, including the UK's FCA and the US CFTC for futures markets [S1].
- The Trust's shares are eligible for purchase and sale through traditional brokerage accounts and margin accounts, facilitating retail investor access [S1].
- The Trust's platinum holdings are audited biannually by a specialist bullion assaying firm to verify physical holdings and custodian records [S1].
- The Trust's Sponsor maintains a website where SEC filings and reports are made available free of charge [S1].
- Recent news highlights include the Trust's shares being identified as oversold and coverage of the Trust among best-performing commodity ETFs and metals ETFs with potential [N1][N2][N3][N5].
Generated 2026-08-13
- S1 | 2026-08-13 | 10-K
- S2 | 2026-05-08 | 10-Q
- N1 | 2026-06-29 | www.nasdaq.com | Shares of PLTM Now Oversold | https://www.nasdaq.com/articles/shares-pltm-now-oversold
- N2 | 2026-01-27 | www.nasdaq.com | Best-Performing ETFs of Last Week: Commodity Wins | https://www.nasdaq.com/articles/best-performing-etfs-last-week-commodity-wins
- N3 | 2026-01-07 | www.nasdaq.com | ETF Stories to Rule in 2026 | https://www.nasdaq.com/articles/etf-stories-rule-2026
- N4 | 2026-01-04 | www.nasdaq.com | Top & Flop ETF Areas of 2025 (Revised) | https://www.nasdaq.com/articles/top-flop-etf-areas-2025-revised
- N5 | 2026-01-03 | www.nasdaq.com | Off-the-Beaten-Path Metals ETFs With Big Potential | https://www.nasdaq.com/articles/beaten-path-metals-etfs-big-potential
- N6 | 2026-01-02 | www.nasdaq.com | Santa Rally Falls Short: Top ETF Performers of December | https://www.nasdaq.com/articles/santa-rally-falls-short-top-etf-performers-december
- N7 | 2025-12-30 | www.nasdaq.com | 6 ETF Predictions for 2026 | https://www.nasdaq.com/articles/6-etf-predictions-2026
- N8 | 2025-12-30 | www.nasdaq.com | Top & Flop ETF Areas of 2025 | https://www.nasdaq.com/articles/top-flop-etf-areas-2025
This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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