At the time of writing, a Scarlet Witch movie by Marvel Studios has not been officially confirmed.

Reputed but semi-reliable industry insider Daniel RPK posted on his Patreon that Marvel Studios was looking into a Scarlet Witch project and that they wanted it to be a movie. Moreover, RPK also revealed that Marvel Studios was interested in having WandaVision and Agatha: Darkhold Diaries showrunner Jac Schaeffer write and direct the project.

However, fans should take this, like with most rumors and scoops about Marvel, with a huge grain of salt and wait for official confirmation from Marvel Studios and Kevin Feige.

Is Elizabeth Olsen coming back as Wanda?

Elizabeth Olsen has not been confirmed to return as Wanda by Marvel Studios for any future projects at the time of publishing. However, she could very likely come back in projects like Avengers: The Kang Dynasty and Avengers: Secret Wars.

As of this writing, Elizabeth Olsen has not been confirmed to return as Wanda. Moreover, Marvel Studios has seemingly confirmed the character’s death via their official MCU timeline book.

Although Wanda died, it is possible that she could somehow return in the future in projects like Agatha: Darkhold Diaries, Avengers: The Kang Dynasty, and Avengers: Secret Wars.

As fans know death in the MCU is somewhat meaningless at this point thanks to the multiverse, which has been used to bring back characters who have died, such as Iron Man and Black Widow, in different forms.

Moreover, Olsen has stated many times in several interviews that she would like to reprise her role as Wanda in future MCU projects, especially ones that may explore the X-Men such as Deadpool 3.