ios – SwiftUI loading indicator placeholder hiding my list rows

When my loading indicator placeholder LoadingPlaceholderView comes to view, it hides the whole list until it disappears. I want the list to be always visible during the LoadingPlaceholderView is in view. The LoadingPlaceholderView is in the correct position right now.

screenshot

var body: some View {
            VStack {
                List {
                    if viewModel.isLoading {
                        // Loading indicator view
                        LoadingPlaceholderView()
                            .frame(maxWidth: .infinity, maxHeight: .infinity)
                    } else {

                        ForEach(viewModel.posts) { post in
                            HStack(alignment: .top) {

                                displayImageView(for: post)
                                    .frame(width: 100, height: 100)
                                    .cornerRadius(10)

                                VStack(alignment: .leading, spacing: 4) {
                                    HStack {
                                        profilePictureView(for: post)
                                            .frame(width: 20, height: 20)

                                        Text(post.username)
                                            .font(.system(size: 12))
                                    }

                                    Text(post.caption)
                                        .font(.system(size: 10))
                                        .lineLimit(6)
                                        .truncationMode(.tail)
                                }
                            }
                            .onTapGesture {
                                self.selectedPost = post
                                self.isSheetPresented = true
                            }
                        }
                    }
                }
                .onAppear {
                    viewModel.checkClipboardAndUpdateContent()
                    NotificationCenter.default.addObserver(
                        forName: UIApplication.willEnterForegroundNotification,
                        object: nil,
                        queue: .main
                    ) { [weak viewModel] _ in
                        viewModel?.checkClipboardAndUpdateContent()
                    }
                }
            .sheet(isPresented: $isSheetPresented) {
                MediaPreviewSheet(post: $selectedPost)
                    .presentationBackground(.ultraThinMaterial)
                    .presentationDragIndicator(.visible)
                    .presentationCornerRadius(20)
                
            }
            .onAppear {
             viewModel.isLoading = true
             }
        }
    }

Any idea how to fix it? I tried moving it around the stack but can’t seem to place it properly.