Open UniversalGraphicsTest_2D project and see during import of VFX:
Unexpected missing material settings on VFX 'Assets/Scenes/015_Shadergraph_VFX/015_VFX_Asset.vfx' using ShaderGraph 'Packages/com.unity.render-pipelines.universal/Shaders/2D/VFXSpriteLit.shadergraph'.
This invalid state can lead to an incorrect sort mode.
It has been introduced at 9a7516ab88daffb8ac93c2c9c01d939b59c2c65c
This error is actually spurious because URP can have an empty material settings