the number of ETFS Physical Silver Shares


asket for the purpose of creations and redemptions in the

ETFS Silver Trust (a Basket)

has been reduced from 100,000 Shares to 50,000 Shares.

Only Authorized Participants that have entered into an Authorized Participant Agreement with ETF Securities USA LLC as Sponsor and The Bank of New York Mellon as Trustee can place orders to create or redeem one or more Baskets.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, in the capacities indicated, hereunto duly authorized.


August 11

, 2016

ETFS Silver Trust

By: ETF Se curities USA LLC, Sponsor of the ETFS SilverTrust.


/s/ Graham Tuckwell

Graham Tuckwell

President and Chief Executive Officer

(Principal Executive Officer)



Christopher Foulds

Christopher Foulds

Chief Financial Officer and Treasurer

(Principal Financial Officer and Principal Accounting Officer)

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