MacOS Monterey's dynamic wallpaper isn't working after reboot

Since the Monterey update, the dynamic wall paper does not work after reboot.

Sequence:

1- Reboot the MacBook Pro

2- Wallpaper is showing, but not in a dynamic way. It's only showing the default image of it.

3- After reboot and sign in, the toolbar and it's barely readable (white text with and gray toolbar colour)

4- Open the "Desktop and Screen Saver" settings, select the same dynamic wallpaper that was already selected (just click on the same that's already selected, no changes)

Before Click:

After Click:

5- Dynamic background works until the next reboot.

I'm on MacOS 12.1 (21C52), but was happening on the first Monterey version as well.

Any ideas if the problem is on my side of if I need to wait for a future update?

Thanks!