The GameStop store chain updated its catalog with possible cover art. Scarlet Nexus. See below.
In addition, the game description has been updated with the information that the upgrade to the PS5 version (both physical and digital) will be free.
At the Tokyo Game Show 2020 Online, Bandai Namco released the artwork below saying it would be the cover of the physical edition, but it is possible that this applies only to Japan, therefore.
Scarlet Nexus will be released for PS4, PS5, Xbox One, Xbox Series and PC. However, there is still no release date.