The problem exists since Origin 2020b.
To reproduce
New a wks and add one more column. Fill all columns with random numbers.
Highlight the whole wks and make a bubble plot.
Open PD and go to Symbol tab. The Transparency is 50%. Change Symbol shape to solid circle and click OK.
==> transparence fail to work.
Note:
no problem if uncheck Transparency for Fill Only, before change symbol shape.