Texas Precious Metals Trust

S-1/A amended

S-1/A amended

S-1/A amended

S-1/A amended

S-1/A amended

S-1/A amended

S-1/A amended

The Texas Precious Metals Trust filed an S-1/A registration statement for its Y'all Street Physical Silver ETF, an exchange-traded fund tracking silver bullion prices. The fund holds 10, 100, and 1,000-ounce silver bars from LBMA members, with physical silver stored in Texas and New York facilities. Key entities include Teucrium Asset Management (sponsor), Wilmington Trust (trustee), Texas Precious Metals (custodian), and Wells Fargo Securities (initial authorized participant). The fund does not actively trade silver and charges a 0.39% annual fee.

S-1/A amended

The Texas Precious Metals Trust filed an S-1/A registration statement for the Y'all Street Physical Gold ETF (YSAU), a new exchange-traded fund tracking gold bullion. The Trust, organized as a Delaware statutory trust, holds physical gold bars and issues shares via authorized participants. This filing replaces an earlier S-1/A for the Y'all Street Physical Silver ETF (YSAG), indicating a shift from silver to gold as the underlying asset. The Trust is structured as a series trust with two separate series, and the offering includes a prospectus summary, risk factors, and operational details.

S-1/A amended

Texas Precious Metals Trust (S-1/A) filed an amended registration statement for its Y'all Street Physical Gold ETF, transitioning from a previous silver-focused offering (S-1). The fund aims to track gold bullion prices through shares representing physical gold bars, with a structure involving a trustee, custodian, and authorized participants. The filing emphasizes the fund's passive management and operational framework, including pricing mechanisms tied to the LBMA gold price.

S-1/A amended

Texas Precious Metals Trust's S-1/A filing outlines the structure of its silver-backed exchange-traded fund (ETF), emphasizing its objective to track the price of physical silver while maintaining operational efficiency. The Fund utilizes a custodian with storage facilities in Texas and New York, holding 10%-25% of its silver at satellite locations like TPMD Hempstead under specific conditions. The filing highlights the Fund's passive management, cash custody arrangements, and tax implications for investors, including the impact of silver price volatility and regulatory frameworks.

S-1 filed

Texas Precious Metals Trust is registering an exchange-traded fund (ETF) called Y'all Street Gold ETF, which aims to provide investors exposure to gold through shares that can be redeemed for physical gold. The ETF is structured as a series of a Delaware statutory trust, with Teucrium Asset Management, LLC as the sponsor, Wilmington Trust as the trustee, and Texas Precious Metals LLC as the custodian. Shares are issued in blocks called 'Baskets' in exchange for physical gold and will trade on an exchange. The fund does not use derivatives and holds physical gold bars from LBMA refiners.

S-1 filed

Texas Precious Metals Trust is registering an exchange-traded fund (ETF) focused on silver, offering shares that provide exposure to physical silver bars. The fund aims to track silver prices while allowing shareholders to redeem shares for physical silver. The trust is structured with a sponsor, trustee, and custodian, and shares are issued in blocks called 'Baskets.' The filing highlights the fund's non-managed structure and risks related to commodity price volatility and physical storage.