A new report from Galaxy suggests major players are focused on the network’s fundamentals, not the clash between different developer clients.

Recent disagreements within the Bitcoin development community, particularly the rift between the widely used Bitcoin Core software and the alternative Bitcoin Knots client, have not raised concerns among institutional investors. According to Alex Thorn, head of research at Galaxy, this segment of the market remains focused on the network’s bigger picture.

Thorn revealed that a recent poll conducted with 25 institutional Bitcoin investors showed little to no anxiety over the software dispute. He noted that this sentiment aligns with conversations he has had with major market participants over the past several months, indicating a consistent lack of concern.

The findings suggest that institutions view such internal debates as a natural part of a decentralized ecosystem. Rather than getting distracted by developer politics, their primary focus remains on Bitcoin’s core value proposition, network security, and long-term potential as a store of value.