#LitecoinETF #LitecoinETF Note!!! A few minutes ago, the $LTC Fund announced on Twitter that a first ETF has been listed and recognized in the Canary Islands of Spain!
Here is some information about the Canary Islands.
Approximately 2.24 million people live in the Canary Islands, and the average GDP per capita in 2021 was around 18,990 euros, with about 40% of GDP dependent on the tourism sector.
The informal economy in the Canary Islands includes unreported and illegal economic activities, accounting for about 17.9% of GDP and exceeding 8 billion euros each year.
The informal economy means that business activities are conducted without paying taxes through loopholes and crime, including money laundering.