Can you reproduce this Niagara bug?

I’ve been fighting with Niagara problem since yesterday, basically the system looks different in Niagara menu compared to the world space, does anyone have 5 minutes to recreate this simple setup: and either tell me or make a quick video showing if this system looks the same in the world space?

I even tried recreating this system in 4.24.3 UE version (and many different things) and I encountered the same problem over and over again so I’m trying to figure out if it’s a bug that has been there since forever or it’s just my computer/ engine.

Video of my issue: