#LitecoinETF

@Litecoin ETF is here! Attention!!! A few minutes ago, the $LTC Foundation announced on Twitter that a first ETF has been listed and recognized in the Spanish Canary Islands! This marks a significant milestone for Litecoin’s institutional adoption. Here’s some information about the Canary Islands: Around 2.24 million people live there, and the gross domestic product (GDP) per capita in 2021 was approximately 18,990 euros, with roughly 40% of GDP reliant on the tourism sector. However, the informal economy, comprising undeclared and illegal activities, accounts for about 17.9% of GDP—over 8 billion euros annually. This shadow economy, fueled by tax evasion and money laundering, poses unique challenges and opportunities for financial innovations like the Litecoin ETF.