When most of the Wall Street is in worry manner amidst the spreading banking disaster, just one huge trader is possessing a area working day. Cathie Wood’s flagship Ark Innovation ETF (ARKK) reeled in $397 million in new revenue just Tuesday on your own, notching the greatest one particular-working day inflow since April 2021, according to FactSet. Investors could be piling into the innovation fund under the perception that the current banking chaos could make the Federal Reserve pause its level hike campaign, which would advantage development shares. Wood’s disruptive tech darlings ended up amid the toughest hit by increasing premiums around the earlier 12 months. Wood herself is standing by her watch that the central lender is generating a policy miscalculation by aggressive tightening as it is ignoring indicators of deflation. She expects a grand rally could be upon her innovation shares when prices stop their ascent. “When the Fed stops looking backwards at CPI inflation and commences addressing the deflationary banking disaster that a 19-fold maximize in limited premiums and an inverted produce have brought about, we would not be shocked to see a return to the Roaring Twenties,” Wooden mentioned in a tweet early Wednesday. Sector pricing has leaned in direction of no charge hike when the Fed fulfills March 21-22. The chance for a pause surged to as substantial as 65%, according to CME Team info Wednesday morning. Her flagship ETF, with about $6 billion in property beneath management, is up extra than 5% this week, outperforming the broader sector as considerations grew that Silicon Valley Bank’s collapse could have a contagion impact on the banking sector. ARKK 1Y mountain Ark Innovation ETF ARKK has rallied 21% this 12 months as Wood’s prime holdings, these types of as Tesla and Roku , rebounded dramatically. The fund is however 47% off its latest significant, nonetheless. Calendar year to date, the fund, actively managed by Wood, has had $100 million inflows, the most inflows amid global equity broad thematic fund category, in accordance to FactSet. The innovation fund is centered on advanced technology companies in spots these types of as genomics, robotics, world wide web and fintech. It at the moment has 28 stock holdings.