Exactly. Once they have enough float and has had enough time for actual price discovery they'll be included in index funds like any other large cap stock.

This. This a risk stance where they want to see the performance in 3-6 months. I have no doubt hundreds of funds will buy in but the major index needs to be sure it’s not going to drag down the entire stack with its inclusion.

Exactly. That's what the index funds would have had to do as well.