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Item 3 — Quantitative and Qualitative Disclosures About Market Risk
Abrdn Silver ETF Trust · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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The
Trust Agreement does not authorize the Trustee to borrow for payment of the Trust’s ordinary expenses. The Trust does not
engage in transactions in foreign currencies which could expose the Trust or holders of Shares to any foreign currency related
market risk. The Trust invests in no derivative financial instruments and has no foreign operations or long-term debt instruments.
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