Khodosevich, Konstantin; Lebedev, L; Sverdolv, E. (October 2002).
"Endogenous retroviruses and human evolution".
Comparative and Functional Genomics.
3 (6) AND Kim FJ, Battini JL, Manel N, Sitbon M (2004).
"Emergence of vertebrate retroviruses and envelope capture".
Virology.
318 (1): 183–91 both show how transposons (movable ERVs) play a vital role in gene expression and regulation.
These are essential genomic functions, therefore in my opinion, we should see these small sequences not as insertions, but as a necessary (not acquired) part of our actual genome.
Cotton, J. (2001).
"Retroviruses from retrotransposons".
Genome Biology.
2 (2): 6. Tell us, “It appears that the transition from nonviral retrotransposon to retrovirus has occurred independently at least eight times, and the source of the envelope gene responsible for infectious ability can now be traced to a virus in at least four of these instances. This suggests that
potentially, any LTR retrotransposon can become a virus through the acquisition of existing viral genes.”
Many believe this means that not all ERVs may have originated as an insertion by a retrovirus but that some may have been the source for the genetic information in the retroviruses they resemble.