[2020] HORRIBLE audio quality on PS5 when using headset?

I'm experiencing absolutely horrible audio while playing Cold War on my PS5. The only way I can describe it is "static" during things like explosions.

I've tried it with 3 different headsets

1. Arctis 7 that I have used for years on the PS4/PS4 Pro without issue
2. Arctis 7p that I went and purchased because I thought MAYBE it was an issue with the Arctis 7 and the PS5's 3d audio, even though steelseries says its compatible. (tried it wireless, and wired to Dualsense)
3. A wired (USB) Monoprice Dark Matter gaming headset that I head lying around

The static/buzzing sound is there during explosions on the map in all three, it is there if I am playing the PS5 or PS4 version of Cold War. It is less prevalent if I turn 3d audio off, but it is still there...I have not tried playing the game ON my PS4 Pro, but I could try that as well

Edit: I do not hear any issues when playing on my PS4 Pro...additionally, What I did hear while playing the first game on the PS4 Pro, high pitched ear ringing sound which I do not remember having heard at all while playing on PS5

The only other games I have installed on the PS5 are Modern Warfare and Astro's Playroom. I did not hear any kind of audio issues with either of those games...

I tried playing some multiplayer through my vizio soundbar and I could not hear the static sound during explosions, so that leads me to believe its not part of the sound design...

Has anyone experienced anything like this?