GameObject with Visual Effect Graph Component is blooming when the VFX Graph Color is set to "0" and Alpha is set "1"

How to reproduce:
1. Open the “glass-unity” project
2. Open the “FX_Testmap_EverythingGoes“ scene
3. Observe the “New VFX“ GameObject

Expected result: “New VFX“ GameObject is transparent
Actual result: “New VFX“ GameObject is blooming

Reproducible with: 2023.2.11f1, 2023.3.0b8
Could not test with: 2021.3.35f1, 2022.3.20f1 (compilation errors)

Reproduced on: Windows 10
Not reproduced on: No other environments tested

Note:

• GameObject is fading when lowering Bloom Intensity
• The issue is not reproducible in clear project