They can wrap around it, its really not hard if they are good it will look perfect. Cut a hole and tuck under the edge. Most cars have antennas like this these days and most wraps go around them. You have to have a seam on the antenna itself anyway unless you are the stretch master but then it will just become unstuck. It's the same reason that you don't remove the door handles on this car to wrap. Just not worth the time and nothing ever reassembles the exact way it was from the factory.
I'm about a month from wrapping my own f30 again but I will try to take a picture of another car if I have to wrap around one of these again soon.