PPLT

Abrdn Platinum ETF Trust

A trust that issues shares of an exchange-traded fund backed by physical platinum bullion stored in secured vaults in London, letting everyday investors own a stake in the metal without handling it. The shares trade on a US exchange under the ticker PPLT. The fund is sponsored by the Scottish firm abrdn, whose 2021 rebrand famously dropped the vowels from the name Aberdeen while keeping the same pronunciation.

Exchange-traded product providing exposure to physical platinum held in allocated bars