Further to my post on
Gold ETFs, below are the figures for silver.
| ETF/Custodial Facility | Silver Ounces as at July 2009 | % share of Total Privately Held |
| ishares | 283,831,312 | 20.3% |
| Central Fund/Trust of Canada | 59,648,793 | 4.3% |
| Zurcher Kantonalbank | 52,343,842 | 3.7% |
| ETF Securities | 19,133,459 | 1.4% |
| GoldMoney | 16,234,617 | 1.2% |
| Bullion Management Group | 5,444,685 | 0.4% |
| Claymore | 2,235,000 | 0.2% |
| e-Gold | 85,244 | 0.0% |
| Silver "Products" Sub-total | 438,956,951 | 31.4% |
| COMEX | 118,227,405 | 8.4% |
| TOCOM | 250,778 | 0.0% |
| Total Other Privately Held | 842,564,866 | 60.2% |
| Total Privately Held | 1,400,000,000 | 100.0% |
Compared to gold, the silver ETFs provide more transparency, which is another way of saying there is less privately held silver stock compared to gold.