Somewhat off-topic but as someone who used to be a very heavy iPad user (the M1 Mac has kind of obsoleted it), I think of the share sheet as the equivalent of a

Somewhat off-topic but as someone who used to be a very heavy iPad user (the M1 Mac has kind of obsoleted it), I think of the share sheet as the equivalent of a Unix pipe. It takes your current view or output and makes it available to another process - and if you use Shortcuts, you can actually see the data and its transformations along a literal pipeline. So, back on-topic, it does kind of make sense in that you’re taking the current URL and sending it to the Springboard.