Simon Gerovich, CEO of Bitcoin treasury company Metaplanet, stated that ETFs require capital inflows to function effectively and do not pose a disadvantage to Bitcoin treasury firms. Gerovich emphasized that while ETFs need continuous fund inflows to increase their Bitcoin holdings, Bitcoin treasury companies like Metaplanet maintain their holdings independently. He described ETFs as providing "static exposure" and clarified that they serve different roles, ensuring that the advantages of Bitcoin treasury companies remain intact.