Silver has outperformed Bitcoin in 2025, achieving its best annual performance since 1979. The silver-to-bitcoin ratio has decreased to 1,458 ounces per bitcoin, marking the lowest level since October 2023. This shift highlights a significant divergence in the performance of the two assets. While Bitcoin has declined by 27% since August, silver has surged by 53%, driven by heightened demand for precious metals amid economic uncertainty. Silver ETF holdings have increased by 15.7 million ounces in November, with inflows recorded in 9 of the past 11 months. This trend underscores the growing investor interest in silver as a hedge against economic instability, contrasting with Bitcoin's recent downturn.