#LitecoinETF

Litecoin ETF is here!

Attention!!! Just a few minutes ago, the LTC Foundation announced on Twitter that a first ETF has been listed and recognized in the Canary Islands, Spain!

Here is some information about the Canary Islands

Around 2.24 million people live in the Canary Islands and the gross domestic product (GDP) per capita in 2021 was around 18,990 euros, with around 40% of the GDP dependent on the tourism sector.

The informal economy in the Canary Islands comprises undeclared and illegal economic activities, which represent around 17.9% of the GDP and amount to over 8 billion euros annually.

The informal economy means that businesses are conducted without paying taxes, through legal loopholes, and criminals also launder their money