According to @KobeissiLetter, silver ETFs now account for 0.3% of all ETF assets, the highest share in four years (source: @KobeissiLetter, Nov 28, 2025). This remains below the 0.4% allocation seen at the 2020 pandemic high despite a strong rally in silver prices this year (source: @KobeissiLetter, Nov 28, 2025). By comparison, the 2011 peak reached nearly 1.8%, roughly four times the current share, providing a clear historical benchmark for assessing ETF participation in silver (source: @KobeissiLetter, Nov 28, 2025).