Same experience on my side - MBP 16" Monterey 12.1, M1 Pro.
Other users reporting the same issue:
https://community.spotify.com/t5/Desktop-Mac/Crackling-Sound-Mac-OS-Monterey-Desktop-App/td-p/5289192
afewster
Users receive reputation points by contributing quality content to the forums.
Posts include post and replies published on the forums.
Post authors can mark replies as Accepted to indicate successful solutions.
Apple Developer Forums admins can mark replies as Apple Recommended to indicate an approved solution
Post
Replies
Boosts
Views
Activity
12.2 doesn’t resolve it either.