Sprott Active Gold & Silver Miners ETF Reaches $100 Million in Assets

Executive Summary

• Sprott Asset Management USA announced that its actively managed Sprott Active Gold & Silver Miners ETF (NASDAQ: GBUG) reached $100 million in assets under management as of September 22, 2025.
• The fund, launched on February 19, 2025, achieved this level in just over seven months, reflecting strong investor demand for active exposure to gold and silver mining equities.
• Management highlighted the outperformance of precious‑metal stocks and the value‑oriented, contrarian investment approach as key drivers of growth.

Key Details

• Fund: Sprott Active Gold & Silver Miners ETF (NASDAQ: GBUG) – actively managed, value‑oriented, contrarian strategy focused on gold‑ and silver‑focused companies, royalty and streaming entities.
• AUM Milestone: $100 million as of September 22, 2025 (≈7 months after inception).
• Inception Date: February 19, 2025.
• Management Commentary:
• John Hathaway (Managing Partner & Senior Portfolio Manager) noted that “gold and silver mining stocks have outperformed in recent months as prices of physical bullion surged,” attributing investor enthusiasm to the fund’s growth.
• Whitney George (CEO, Sprott) emphasized the wide dispersion of performance among miners, arguing that active management adds value.
• ETF Features: Daily transparency, liquidity, potential tax efficiency; combines active stock‑picking expertise with ETF structure.
• Related Products: Part of a family of four Sprott Precious Metals ETFs (GBUG, SGDM, SGDJ, SLVR).

Notable Quotes

“Gold and silver mining stocks have outperformed in recent months as prices of physical bullion surged,” – John Hathaway, CFA, Managing Partner & Senior Portfolio Manager, Sprott Asset Management USA.
“We believe the wide dispersion of performance numbers across gold and silver miners makes active management by mining experts all the more valuable.” – Whitney George, Chief Executive Officer, Sprott.