It is common knowledge that when the opening of a tap has many holes, the water flows out as a stream of bubbles.
But if you open the tap slowly, the water flow is laminar without any bubbles at first. Only after opening the tap to a certain point, bubbles start appearing (almost out of nowhere) near the opening of the tap and increase in number till the whole of the water flow is filled with bubbles. You can hopefully see this transition point in the video below.
Why do these bubbles form, and where do they come from?
Note that my question is not about the mixing of air due to turbulent flow. It is about the creation of air bubbles inside the water flow (if that makes any sense).
Short, to-the-point answers are welcome as always.