Bit depth is precision. HDR or SDR are the range. They are orthogonal concepts.
But at a high level you're basically asking "why doesn't scRGB exist" and, well, it does :) https://en.wikipedia.org/wiki/ScRGB (also called extendedSRGB)
But at a high level you're basically asking "why doesn't scRGB exist" and, well, it does :) https://en.wikipedia.org/wiki/ScRGB (also called extendedSRGB)
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