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Tokenized on Robinhood Chain
SLV
iShares Silver Trust. There are 11,685 of these tokens in existence, worth $727.3k between them. It trades.
Price
$62.24
24 hours
-0.90%
Volume, 24h
$534.5k
Tokens in existence
11,685
7 days
+8.00%
30 days
+15.70%
Range since listing
$46.04 – $64.61
What you would actually own
A token, not a share. It tracks the price of iShares Silver Truststock, and it is a claim arranged by an issuer rather than an entry on the company's share register: no vote, no direct dividend entitlement, and a counterparty between you and the equity. The supply figure above is the honest measure of how large this actually is — 11,685 tokens is a different order of magnitude from the company's shares outstanding, and conflating the two is the most common mistake made about this market. The longer answer.
