Wanda Maximoff a.k.a. Scarlet Witch was introduced as a villain in Avengers: Age of Ultron before she made the switch to hero, then back to villain in Doctor Strange 2, and while a lot of fans have been debating her fate in Multiverse of Madness, Marvel has decided to put the record straight via their official timeline book—sort of.
The MCU: An Official Timeline book is meant to explain the official canon of the MCU, laying rest to all kinds of fan arguments, and on the passage where it talks about Wanda ending herself, the book reads (via @ScarletWitchupd):
“Fall 2024 | 838-Wanda gathers the boys and assures the heartbroken Scarlet Witch they’ll be loved. [616-Wanda] destroys Wundagore—and collapses it upon herself—ending two great threats to all of the Multiverse.”
While some fans think this is the MCU officially confirming that Wanda is dead, other insiders believe that is not the case, and the wording is very specifically made to keep fans guessing still. @CanWeGetToast posted:
Wanda is NOT dead.
Every. Single. Word. Is combed through by Marvel Studios before something like this is released. The wording is very CAREFULLY crafted.
“…destroys Wundagore—and collapses it upon herself—ending two great threats to all of the Multiverse.”
— CanWeGetSomeToast (@CanWeGetToast) October 25, 2023
The way the multiverse is being set-up, it’s very likely that we can get another powerful Scarlet Witch variant to show up and do wreak all kinds of chaos magic; but it’s possible the fans would want a better fate for Wanda-616 who we’ve been following since Age of Ultron.
This is just speculation on my part, but I think the redemption of Wanda will have something to do with Vision, who is getting his own Disney+ spinoff show soon with Vision Quest.
For now, you can check Wanda out in WandaVision and Doctor Strange in the Multiverse of Madness now streaming on Disney+.