GraniteShares Platinum Trust (PLTM) is an exchange-traded fund designed to reflect the spot price performance of platinum in the global market. The ETF is managed by GraniteShares and trades under the ticker PLTM on NYSE Arca.

Classified as a commodity ETF providing physical platinum exposure, PLTM seeks to reflect, before fees and expenses, movements in platinum prices.

The fund primarily holds physical platinum in custody as its method of exposure to the underlying asset. Unlike ETFs composed of mining-company equities, PLTM seeks to directly track the behavior of spot platinum prices.

The ETF’s methodology seeks to reflect platinum’s market value within an exchange-traded structure linked to the global precious-metals market.

Composition / Exposure profile

PLTM provides direct exposure to the global platinum market and factors associated with the metal’s performance, including:

• International spot platinum prices.

• Industrial and automotive demand.

• Use in catalytic converters and industrial applications.

• Global mining supply.

• Macroeconomic commodity-market cycles.

This structure does not provide traditional sector diversification, as the portfolio is concentrated exclusively in physical platinum exposure.

Structure and costs

PLTM shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between the ETF’s market price and its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. PLTM is not primarily focused on recurring income distributions, as its structure is centered on platinum price fluctuations.

History and evolution of the ETF

The GraniteShares Platinum Trust was launched in 2018, during a period of expansion in precious-metals ETFs and growing demand for exchange-traded physical commodity exposure.

Since inception, the fund has reflected movements related to industrial platinum demand, global mining supply, and fluctuations across international precious-metals markets.

In recent years, PLTM has reflected global commodity cycles, changes in automotive demand for catalytic converters, fluctuations in South African platinum production, and shifts in global macroeconomic conditions.

Additional Information

GraniteShares Platinum Trust (United States) is an exchange-traded fund (ETF), with assets under management totaling $191.50 million.

Over the past 12 months, GraniteShares Platinum Trust recorded a return of 27.37%, with its price trading between $13.59 and $26.71 during the same period.

The ETF is traded under the ticker PLTM.