I have found a "temporary fix" which involves opening the video in Fullscreen on a non HDR monitor then using the move window to move the video to the HDR monitor (using win + shift + left/right) and as long as you don't Fullscreen the video it works fine.
But I don't see this as a solution as it's finicky to do.
It seems like this is a problem across all chromium browsers (chrome, edge, opera, opera gx, etc.
It seems like the only browser this doesn't affect is firefox, and that's likely as it doesn't use chromium