Two years ago, ETF Securities launched the first ever physically-backed precious metals ETF that focuses exclusively on silver, platinum and palladium. Since its inception in December 2010, WITE has accumulated just over $40 million in assets under management and trades on average over 3,000 shares daily. As the global market moves steadily into recovery, WITE remains a strong and moderately-priced portfolio for commodity investors [for more precious metals news and analysis subscribe to our free newsletter].