Animated cosmetics stop animation when RTX/ray tracing is enabled

When Bedrock Ray tracing option is turned on, all animated skins/cosmetics stop their animations.  

Steps to Reproduce:

[Step 1]  Wear any animated cosmetic  in character creator. 
[Step 2]  Turn on "ray tracing" in video settings
[Step 3]  The animated cosmetic stops animating  for the player. 

Observed Results:

Animated skins/cosmetics stop their animations when using ray tracing

Expected Results:

The animation shouldn't stop when ray tracing is on.  

Screenshots/Videos:

here is a video: https://youtu.be/uYO4WpiqGfs   

  

8 JULY 2021-   This is still an issue in version 1.17.2.