In a since deleted tweet from Bethesda Support, they have informed a user that all physical versions of the game regardless of platform will only contain a code to download the game.
While this has been the norm for PC for a while this might be the beginning of a trend for consoles. Personally I feel like there is no point in having a physical version at all if there won’t be a disc included let alone charging full price for it.
With 100+ GB games i could see the use of a physical installation medium to avoid downloading that much on a spotty network.
I wonder if any games have shipped on USB sticks, because there’s no way you’re fitting a whole game on a DVD, and saying “please insert disc 4” would not fly for a modern audience.