A grid is not visualized in Scene view when a GameObject with the Grid Component is selected

How to reproduce:
1. Open the “GridBug.zip“ project
2. Open the “SampleScene“
3. Select the “Grid“ GameObject in the Hierarchy
4. Observe the Scene view

Expected result: A grid is visible in the Scene view
Actual result: No grid is visible in the Scene view

Reproducible in: 6000.0.40f1, 6000.0.42f1, 6000.1.0b10, 6000.2.0a6
Not reproducible in: 2022.3.60f1, 6000.0.39f1

Reproduced on: Windows 11 Pro (24H2)
Not reproduced on: No other environment tested