**Litecoin ETF Launched in Spain's Canary Islands!**
A groundbreaking moment for Litecoin ($LTC ) as the Litecoin Foundation announces the listing of the first-ever Litecoin ETF in Spain's Canary Islands. This marks a significant milestone for cryptocurrency adoption in the region.
**About the Canary Islands:**
- Population: 2.24 million
- GDP per capita (2021): €18,990
- Tourism-dependent: 40% of GDP
- Informal economy: 17.9% of GDP (€8+ billion annually), involving undeclared activities, tax evasion, and money laundering.
The launch of the Litecoin ETF could bring more transparency and legitimacy to the region's financial landscape.
