Hopper minecarts appear as standard minecarts after updating to 1.16.220

After updating to 1.16.220, Hopper minecarts ("Minecart with Hopper") do not display the hopper component. They look exactly the same as a regular minecart. However, they still function correctly and the player can access the hopper inventory. This appears to be a graphical/display issue only.

I have confirmed this issue exists on XBox One and Windows 10.