@DSOGaming In some not surprising news the next gen update for The Witcher 3 has been delayed until Q2 2022.
More information.
From what we know, The Witcher 3 Next-Gen will feature a range of visual and technical improvements -- including ray tracing and faster loading times. These improvements will be present across the base game, both expansions, and all extra content. Furthermore, modder 'Halk Hogan' will be contributing to this new version of The Witcher 3.