How to reproduce:
1. Open the attached project “IN-25939.zip“
2. Open the “SampleScene“ Scene
3. Open Addressables Group window by selecting Window -> Asset Management -> Addressables -> Groups
4. Click Build -> Clear Build Cache -> All
5. Click Build -> New Build -> Default Build Script
6. Check Play Mode Script -> Use Existing Build
7. Enter Play Mode and click the “GetSprite“ button

Expected result: A sprite with a grey texture is visible in the Scene
Actual result: A sprite is created but it’s texture is not set resulting in it being invisible

Reproducible with: 1.1.5, 1.21.2 (2020.3.43f1), 1.21.2 (2021.3.16f1, 2022.2.2f1, 2023.1.0a25)

Note: The issue is not reproducible when using the “User Asset Database“ option in the “Play Mode Script“ dropdown