#VIRTUALWhale #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 about 18,990 euros, with around 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 also involves money laundering.