Minecraft has been rated for the Xbox Series X/S

Microsoft is gearing up to release a version of Minecraft for the Xbox Series X/S. Earlier this month, Minecraft was classified for Xbox Series consoles in Germany. For now, the Xbox One version of the game is available on Xbox Series X/S via backwards compatibility.
Microsoft’s version of the game for Xbox One is now available on Xbox Series X/S via backwards compatibility.
One of the features that could potentially be implemented in an optimized version of the game for Xbox series consoles is ray tracing, which Microsoft has been talking about even before the platform launches in 2020.

In March last year, developer Mojang mistakenly included prototype code to support ray tracing on Xbox consoles in a preview build available to Xbox Insiders, then quickly removed it.
«This early prototype code was removed from the Preview and is not indicative of immediate plans to introduce ray tracing support on consoles» — it said at the time.