Silver prices hit a nearly half-century high, driving ETF trading volume to unprecedented levels

The silver market has recently sparked a wave of investment enthusiasm. According to PANews reports, as silver prices surged strongly, the trading activity of the iShares Silver ETF (SLV) reached unprecedented heights. This rally not only attracted retail investors but also prompted active participation from institutional funds, pushing trading volume to a record high.

SLV trading volume far exceeds that of tech giants, with unprecedented investment interest

Monday’s trading data fully reflects the market’s excitement. The daily trading volume of iShares Silver ETF soared to nearly $40 billion, a staggering figure that surpasses NVIDIA’s trading volume of $23 billion on the same day and is also much higher than Tesla’s $22 billion. In comparison, this increase in trading activity is remarkable—just a few months ago, SLV’s average daily trading volume was around $2 billion.

Since late December last year, as silver prices continued to rise, the average daily trading volume has climbed to about $10 billion. This rapid growth clearly indicates that the silver market is attracting increasing attention from investors.

Silver prices surge fiercely, reaching historic new highs

The fundamental driver behind this trading frenzy is the strong performance of silver prices themselves. In 2025, the cumulative increase in silver prices exceeded 100%, creating an outstanding annual record. As we entered 2026, this upward momentum did not weaken; instead, it became even more aggressive. So far, January’s gains have approached 60%, potentially setting the largest single-month increase since 1979.

These figures reflect market expectations for the future trend of silver prices. Whether it’s the new highs in prices or the surge in trading volume, they both confirm investors’ optimistic outlook on the silver market.

Market enthusiasm continues to rise, with silver becoming a focal asset

The astonishing rise in silver prices has thrust this traditional commodity into the spotlight. As an important hedging asset and industrial metal, silver often becomes a safe haven for funds during periods of economic uncertainty. The current rally and surge in trading volume indicate that market participants are actively expressing their recognition of silver’s value.

It is foreseeable that as long as silver prices continue to rise, trading enthusiasm for related ETF products will remain high. Investors’ passion for this asset class has been fully validated through price data and trading volume.