GraniteShares Platinum Trust announced a leadership change in its sponsor’s finance team. Effective June 1, 2026, Benoit Autier will step down as Chief Accounting Officer of GraniteShares LLC, the Sponsor of the Trust. The company states his departure is not due to any disagreement over the Trust’s operations, policies, or practices.
On the same date, the Sponsor appointed Brandon Dall’Acqua as its new Chief Accounting Officer. Dall’Acqua, age 42, joined GraniteShares on January 31, 2025 as Chief Financial Officer, and previously served as VP of Finance at Tidal Financial Group.
GraniteShares Platinum Trust reported a sharp expansion in size and strong price performance tied to platinum bullion. Net assets rose from $85.2M on June 30, 2025 to $220.7M on March 31, 2026, driven by higher platinum prices and significant share creations.
Shares outstanding increased from 6,550,000 to 12,050,000 over nine months, while net asset value per share climbed from $13.01 to $18.32, a 40.81% total return at NAV. Over the same period, the platinum price advanced 41.33%, with the small performance gap explained by the annualized 0.50% Sponsor fee.
In the March 2026 quarter, platinum fell from $2,027.00 to $1,908.00, producing a 5.60% decline in total net asset value and a per-share loss of $1.17. The Trust held 115,751.508 ounces of platinum at quarter end and recorded no expenses other than Sponsor fees.
GraniteShares Platinum Trust reported very strong performance for the quarter and six months ended December 31, 2025, driven by higher platinum prices and substantial share creations. Net assets rose to $233.8 million at December 31, 2025, from $85.2 million at June 30, 2025.
The number of shares outstanding increased from 6,550,000 to 12,000,000, reflecting 112 basket creations and 3 redemptions over six months. Net asset value per share climbed from $13.01 to $19.49, closely tracking the 50.1% rise in platinum prices over the same period.
For the quarter, the Trust recorded a net increase in net assets from operations of $39.2 million, almost entirely from unrealized gains on platinum bullion and small realized gains on metal sold for redemptions and fees. The only recurring expense was the Sponsor’s fee of 0.50% annually, totaling $311,766 for the six months.
GraniteShares Platinum Trust reported a strong quarter for the period ended September 30, 2025. Net assets rose to $129,274,099 from $85,206,010, a 51.7% increase, and NAV per share grew to $15.12 from $13.01, up 16.22%. The Trust held 82,314.102 ounces of platinum valued at $129,315,000 using the LBMA Platinum Price PM.
Performance was driven by platinum moving from $1,350.00 to $1,571.00 (up 16.37%) and increased share count from creations: 41 baskets created and 1 basket redeemed (net 2,000,000 shares). Net increase from operations was $15,776,940, reflecting $15,733,856 of unrealized gains and $159,945 realized gains, partially offset by Sponsor fees of $116,861. The annualized expense ratio was 0.50%. As of November 03, 2025, shares outstanding were 9,300,000.
GraniteShares Platinum Trust reported a strong quarter tracking platinum prices. Net assets rose to $129,274 from $85,206 as of September 30, 2025, driven by higher platinum values and new share creations. Net asset value per share increased to $15.12 from $13.01, with a total return at NAV of 16.22% for the quarter.
The Trust held 82,314.102 ounces of platinum at quarter-end, up from 63,137.357 ounces on June 30, 2025. Creations totaled 2,050,000 shares (41 baskets) and redemptions were 50,000 shares (1 basket). Operations reflected an unrealized gain of $15,734 and realized gains of $160, offset by Sponsor fees of $117. The Sponsor fee rate remained 0.50% annualized. As of November 03, 2025, shares outstanding were 9,300,000.
The Trust’s investment in platinum is valued using the LBMA Platinum Price PM and classified as Level 1 under fair value standards, with no transfers between levels. Liquidity needs are limited since the Sponsor assumes most operating expenses.