verify it on 4.6

oc get clusterversion version  -o=jsonpath='{.status.history..version}'                                                                             
4.6.0-0.nightly-2021-06-11-193006%   
OLM version: 0.16.1
git commit: cf3f9b212526733cdb2678c947d7a75bbab6c03

cat res.yaml 
apiVersion: v1
kind: Namespace
metadata:
  name: test-ns
---
apiVersion: operators.coreos.com/v1alpha1
kind: CatalogSource
metadata:
  name: ibm-operator-catalog
  namespace: test-ns
spec:
  image: quay.io/kuiwang/olm-index:v1945261-a
  sourceType: grpc
---
apiVersion: operators.coreos.com/v1alpha1
kind: CatalogSource
metadata:
  name: opencloud-operators
  namespace: test-ns
spec:
  image: quay.io/kuiwang/olm-index:v1945261
  sourceType: grpc
---
apiVersion: operators.coreos.com/v1
kind: OperatorGroup
metadata:
  name: test-operators
  namespace: test-ns
---
apiVersion: operators.coreos.com/v1alpha1
kind: Subscription
metadata:
  name: test-subscription
  namespace: test-ns
spec:
  name: ibm-automation-core
  channel: v1.0
  source: ibm-operator-catalog
  sourceNamespace: test-ns

kubectl apply -f res.yaml 
namespace/test-ns created
catalogsource.operators.coreos.com/ibm-operator-catalog created
catalogsource.operators.coreos.com/opencloud-operators created
operatorgroup.operators.coreos.com/test-operators created
subscription.operators.coreos.com/test-subscription created

kubectl get sub -n test-ns
NAME                                                         PACKAGE                       SOURCE                 CHANNEL
ibm-common-service-operator-v3-opencloud-operators-test-ns   ibm-common-service-operator   opencloud-operators    v3
test-subscription                                            ibm-automation-core           ibm-operator-catalog   v1.0


kubectl delete namespace test-ns
namespace "test-ns" deleted

kubectl get sub -n test-ns      
NAME                                                         PACKAGE                       SOURCE                 CHANNEL
ibm-common-service-operator-v3-opencloud-operators-test-ns   ibm-common-service-operator   opencloud-operators    v3
test-subscription                                            ibm-automation-core           ibm-operator-catalog   v1.0


kubectl delete namespace test-ns
namespace "test-ns" deleted

Since the problem described in this bug report should be
resolved in a recent advisory, it has been closed with a
resolution of ERRATA.

For information on the advisory (OpenShift Container Platform 4.6.35 bug fix update), and where to find the updated
files, follow the link below.

If the solution does not work for you, open a new bug report.

https://access.redhat.com/errata/RHBA-2021:2410