By going to settings, ray tracing is unavailable. It is available on computers and PlayStations, yet not Xbox Series S|X. Both Bedrock and Preview suffer this issue. Whether or not this is intentional, the next gen settings should be available across every modern build device for Bedrock Edition/ Preview.
Ray tracing is not available on PlayStation. It is only available on PC, which is intentional. For suggestions, please visit the feedback discord server.
Quick Links:
📓 Bug Tracker Guidelines – 💬 Community Support – 📧 Mojang Support
📓 Project Summary – ✍️ Feedback and Suggestions – 📖 Game Wiki