Hiding Content Editor in Custom Post Types not Possible

I'm not sure if it's a recent ACF Pro update, or the WP 5.0.x update, but recently the "Content Editor" can no longer be hidden on CPTs. See my settings here:

System Info

WordPress Environment

Home URL: https://givewp.com
Site URL: https://givewp.com
WP Version: 4.9.9
WP Multisite: –
WP Memory Limit: 768 MB
WP Debug Mode: –
WP Cron: –
Language: en_US
Permalink Structure: /%postname%/
Show on Front: page
Page on Front: Home (#237)
Page for Posts: Unset
Table Prefix Length: give_
Table Prefix Length: 5
Table Prefix Status: Acceptable
Admin AJAX: Accessible
Registered Post Statuses: publish, future, draft, pending, private, trash, auto-draft, inherit, request-pending, request-confirmed, request-failed, request-completed, refunded, failed, revoked, abandoned, processing, active, inactive, acf-disabled, cancelled, preapproval, edd_subscription, give_subscription

Server Environment

Hosting Provider: Pagely
TLS Connection: Connection uses TLS 1.2
TLS Connection: Probably Okay
Server Info: Apache
PHP Version: 7.0.32-2+ubuntu16.04.1+deb.sury.org+1
PHP Post Max Size: 100 MB
PHP Time Limit: 120
PHP Max Input Vars: 10000
PHP Max Upload Size: 100 MB
cURL Version: 7.47.0, OpenSSL/1.0.2g
SUHOSIN Installed: –
MySQL Version: 5.6.10
Default Timezone is UTC: ✔
fsockopen/cURL: ✔
SoapClient: ✔
DOMDocument: ✔
gzip: ✔
GD Graphics Library: ✔
Multibyte String: ✔
Remote Post: ✔
Remote Get: ✔

Other Active Plugins

ACF Local JSON: by –
Advanced Custom Fields: Font Awesome: by mattkeys – 3.0.2
Advanced Custom Fields PRO: by Elliot Condon – 5.7.9
Advanced Post Types Order: by Nsp Code – 4.0.9
AffiliateWP: by AffiliateWP, LLC – 2.2.13
AffiliateWP - PayPal Payouts: by Pippin Williamson and Andrew Munro – 1.1.11
Akismet Anti-Spam: by Automattic – 4.1
Amazon SES DKIM Mailer: by Roger MacRae – 1.7
Caldera Custom Fields: by Caldera Labs – 2.2.1
Caldera Forms: by Caldera Labs – 1.7.5.1
Caldera Forms - Slack Integration: by David Cramer for Caldera WP LLC – 1.1.0
Caldera Forms EDD: by CalderaWP – 1.2.0
Caldera Forms Entry Limiter: by Caldera Labs – 1.2.0
Caldera Forms MailChimp: by David Cramer – 1.2.3
Caldera Forms Users: by David Cramer – 1.2.0
CalderaWP License Manager: by CalderaWP – 1.2.10
CartHook for Easy Digital Downloads: by CartHook – 1.0.6
Contact Form Builder for WordPress – Conversion Tools by HubSpot: by HubSpot – 7.0.1
CoSchedule: by CoSchedule – 3.2.4
Decent Comments: by itthinx – 1.6.0
Duplicate Post: by Enrico Battocchi – 3.2.2
Easy Digital Downloads: by Easy Digital Downloads – 2.9.11
Easy Digital Downloads - Advanced Reports: by Manuel Vicedo – 1.0.1
Easy Digital Downloads - Coming Soon: by Easy Digital Downloads – 1.3.3
Easy Digital Downloads - Featured Downloads: by Easy Digital Downloads – 1.0.4
Easy Digital Downloads - Invoices: by Easy Digital Downloads – 1.1.5
Easy Digital Downloads - MailChimp: by Easy Digital Downloads – 3.0.11
Easy Digital Downloads - Manual Purchases: by Easy Digital Downloads – 2.0.5
Easy Digital Downloads - PDF Invoices: by Easy Digital Downloads – 2.2.23
Easy Digital Downloads - Recurring Payments: by Easy Digital Downloads – 2.8.2
Easy Digital Downloads - Software Licensing: by Easy Digital Downloads – 3.6.5
Easy Digital Downloads - Stripe Payment Gateway: by Easy Digital Downloads – 2.6.16
Easy Digital Downloads - Zapier: by Easy Digital Downloads, LLC – 1.3.7
Easy Digital Downloads integration for HelpScout: by Danny van Kooten – 1.1
Enhanced Media Library PRO: by wpUXsolutions – 2.7.2
Epoch: by Postmatic – 1.0.14
Give Website Custom Functions: by Devin Walker – 1.0
Google Sheets Integration for Caldera Forms: by Alex Agranov – 1.5
Manage Notification E-mails: by Virgial Berveling – 1.4.1
Max Mega Menu: by megamenu.com – 2.5.3.2
MCE Table Buttons: by Jake Goldman, 10up, Oomph – 3.3
Menu Items Visibility Control: by Hassan Derakhshandeh – 0.3.7
MonsterInsights - eCommerce Addon: by MonsterInsights Team – 7.0.12
MonsterInsights - Performance Addon: by MonsterInsights Team – 1.3.1
MonsterInsights Pro: by MonsterInsights – 7.3.3
Oembed Cache: by 61 Degrees North – 1.0
Public Post Preview: by Dominik Schilling – 2.8.0
Redirection: by John Godley – 3.6.3
SearchWP: by SearchWP, LLC – 2.9.17
SearchWP Exclude UI: by SearchWP, LLC – 1.1
SearchWP Fuzzy Matches: by SearchWP, LLC – 1.4.4
SearchWP LIKE Terms: by SearchWP, LLC – 2.4.6
SearchWP Live Ajax Search: by Jonathan Christopher – 1.3.1
SearchWP Term Synonyms: by SearchWP, LLC – 2.4.14
User Role Editor: by Vladimir Garagulya – 4.48
User Switching: by John Blackbourn & contributors – 1.4.0
WP Migrate DB Pro: by Delicious Brains – 1.9.2
WP Migrate DB Pro Media Files: by Delicious Brains – 1.4.12
Yoast SEO Premium: by Team Yoast – 9.4

Theme

Name: Give Website
Version: 1.0
Author URL: https://impress.org
Child Theme: No – If you're modifying Give on a parent theme you didn't build personally, then we recommend using a child theme. See: How to Create a Child Theme

Start by reproducing the Content Editor visibility problem on a custom post type with ACF Pro 5.7.9 and WordPress 4.9.9, using the settings shown in the issue. Compare behavior with the listed environment and determine what change is needed so the Content Editor can be hidden; done means the setting works on the affected custom post type.