##  [# Hot Reads: Sector ETFs Face Tech Reclassification Risk](/sections/daily-hot-reads/hot-reads-sector-etfs-face-tech-reclassification-risk) 

 

# Hot Reads: Sector ETFs Face Tech Reclassification Risk

 

 

Plus, a possible crypto crackdown in India.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Nov 17, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**Sector ETFs Face Tech Reclassification Risk**](https://www.ft.com/content/4d1e3f48-72b3-4ab3-87b9-23849535ee59?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content) (Financial Times)

A revamp of GICS could shift several major constituents.

[**India Reportedly Plans Crypto Payments Ban**](https://www.coindesk.com/policy/2021/11/17/india-to-ban-crypto-as-payment-method-but-regulate-as-asset-report/) (Coindesk)

The country would still allow cryptocurrencies to trade as assets.

[**Biden May Reveal Fed Chair Pick Over Weekend**](https://www.politico.com/newsletters/morning-money/2021/11/17/biden-closes-in-on-fed-pick-798950) (Politico)

Biden’s “about four days” comment stirred speculation of a weekend announcement, but a White House official said an announcement will come before Thanksgiving.

[**Another Day, Another Elon Musk Tesla Sale**](https://www.marketwatch.com/story/another-day-another-tesla-stock-sale-for-elon-musk-8-8-billion-over-past-7-days-11637116058?siteid=yhoof2) (MarketWatch)

The Tesla CEO has sold $8.8 billion in stock over the past seven days.

[**Growth In Sustainable Indices Proves Sustainable**](https://blogs.cfainstitute.org/investor/2021/11/16/growth-in-sustainable-indices-proves-sustainable/) (CFA Institute)

The number of ESG indices around the world jumped 43% year-over-year.

[**Valuation Doesn’t Matter**](https://thereformedbroker.com/2021/11/16/valuation-doesnt-matter/) (The Reformed Broker)

“Expensive” stocks have outperformed “cheap” stocks over the last several years.

[**How To Invest Your Money When Inflation Is High**](https://ofdollarsanddata.com/how-to-invest-your-money-when-inflation-is-high/) (Of Dollars &amp; Data)

Surprisingly, gold is likely not the best solution.



 

 

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  etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in…   [View Bio](/contributors/etfcom-staff)

 



 

 


 Related Topics  [Technology](http://www.etf.com/topics/technology) 

 [India](http://www.etf.com/topics/india) 

 [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [Inflation](http://www.etf.com/topics/inflation)