https://wccftech.com/minecraft-xbox-isnt-getting-ray-tracing-any-time-soon-says-microsoft/

Earlier this week, when a Minecraft Preview build update added early ray tracing support to Minecraft Xbox Series S|X, fans speculated the highly anticipated graphics update would be coming soon. That's not actually the case, though, as clarified by Microsoft on the official Minecraft Twitter account.

The previous Minecraft Preview build available to Xbox Insiders inadvertently included prototype code for raytracing support on Xbox consoles. This early prototype code has been removed from Preview and doesn't signal near future plans to bring raytracing support to consoles.