PLTM GraniteShares Platinum Trust - 10-Q - (2025-11-04)

GRANITESHARES PLATINUM TRUST (PLTM) 10-Q Summary (Q ended 9/30/2025)

Financial Performance and Asset Growth The Trust achieved strong quarterly growth, reporting a Net Asset Value (NAV) per Share increase to $15.12 (up from \(13.01). Total Net Assets rose to **\)129.3 Million** (up from \(85.2M Q/Q). NAV-based Total Return was **16.22%**, overwhelmingly driven by **\)15.7M in unrealized appreciation** on platinum holdings. The fund transitioned from a net operating loss position in the prior year to a significant gain this period, confirming that asset appreciation, not operational in

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