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England midfielder Bellingham was phenomenal for Real last season, when they did not have Mbappe, scoring 23 goals with 13 assists in 42 appearances in all competitions.
In March of this year, then Brazilian FA (CBF) president Ednaldo Rodrigues told Reuters that Ancelotti was his main target for the position of national team coach.
Ancelotti's contract is due to expire at the end of the season.
The CBF is still pursuing Real Madrid manager Ancelotti to be its new coach in the long term.
It was their 20th Copa del Rey title and first since 2014.
Brazil's federation issued a statement in February denying a report they had reached a verbal agreement with Ancelotti, who is under contract at Real Madrid until 2024.
Victory means Real return to the top of the LaLiga table on 18 points from six games, two ahead of Barcelona in second.
Real returned to the top of La Liga table after their 4-1 victory.
Real Madrid manager Carlo Ancelotti won the best coach award.
Real will take on RB Leipzig, Shakhtar Donetsk and Celtic in the group stage.
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