How to wrap selected code in brackets/parentheses in Visual Studio 2022

Question

In VS Code and JetBrains IDEs, when you select (highlight) a snippet of code and press an opening key for brackets ({ or [) or parentheses ((), it wraps the selected text. Visual Studio, however, deletes the selected snippet, or better, replaces it by the pressed character. Is there a way to configure it to the more intelligent behaviour of VS Code and JetBrains? I browsed "Text Editor" settings but didn't find any that seemed to do this:

Gantz

Send a feedback suggestion so the product team prioritizes this higher! It's currently not available in plain VS. – Forsterite

Did it, thank you. What a shame for VS... – Gantz

In version 17.4.4 Professional this is on by default - and I want to turn it off. I have not found a setting for it. – Prepossession