Cannot enable Raytracing with new RTX3070?

I recently upgraded my gfx card from an AMD RX590 (not Raytracing enabled), to a Nvidia GeForce RTX3070. When i go to enable Raytracing I receive an error indicating that raytracing is unsupported by my current graphics card (which is false). I tried restarting everything and I still receive the same error.

I have the newest nvidia drivers, DirectX12 (and is enabled in game), my windows is up to date. I am unsure what could be causing the issue? Is there maybe an issue with the WoW application changing from the rx590 to the RTX3070?

Has anyone else had this same issue?

We see lots of people who think their windows is up to date and it isn’t.

Can you post a dxdiag?