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ZSL US is a bearish silver ETF - and it has been predictably poor. More unusually, shares outstanding has surged as its price has fallen. Do we need to see the bears give up before the silver price tops out?

Published Jan 07, 2026Updated Jan 07, 20262 min read
ZSL US is a bearish silver ETF - and it has been predictably poor. More unusually, shares outstanding has surged as its price has fallen. Do we need to see the bears give up before the silver price tops out?