Assuming the NASDAQ / S&P aren't gamed into listing these at offering price to game the system into putting ~10% of people's retirement into a junk stock on day 1.
"Buy the index" isn't a solution for human influence and corruption, there are people in control of what goes into the index too.
"Buy the index" isn't a solution for human influence and corruption, there are people in control of what goes into the index too.