abrdn Palladium ETF Trust

The abrdn Palladium ETF Trust is a passive trust that holds physical palladium bullion and issues publicly traded shares on NYSE Arca, allowing investors to gain low-cost exposure to palladium without the complexities and expenses of direct ownership such as storage and insurance. The Trust serves both institutional and retail investors through its share offering, with palladium demand primarily driven by the automotive sector for catalytic converters, along with secondary demand from chemical, dental, and jewelry applications. The Trust generates revenue through an annualized sponsor fee of 0.60% accrued on net asset value and transaction fees from Authorized Participants, while holding no employees and engaging in no active management activities.