No your water looks fine, you could turn it down if possible. But personally I would leave it and buy a foam water treatment from Your LFS (Local fish shop). Then treat the aquarium and then you should have no foam, a treated tank.
If you donít like the look ditch the bubbler you donít need it. Your filter will aerate the water just fine, and honestly if your doing around 50% water changes weekly then you shouldnít even need the filter. No reason to go out and buy ďmiracle cureĒ products, especially for something this easy, as adding things like this almost always cause more issues then they solve or best case scenarios they are just bandaids for the problem