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"Racial traits for all races will become available with the upcoming patch. Each race receives at least four traits, including several passive traits and an active ability.Take a look at what is available here!"
Then, in the link, the following is also said at the top of the page.
"Racial traits are now available for all races. Each race receives at least 4 traits (several passive and at least one active trait per race). Undead racial traits have changed to be more consistent with the new traits and Undead players are now considered Humanoid targets rather than Undead targets."
Personally, they all look cool to me, I can't wait to try some of them out, like the dwarf's treasure finding ability, or the night elf shadowmeld.
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Alliance Chars:
~Drakthol, Destromath PVP server
Level 52 Dwarf Hunter
Horde Chars:
~Foorinore, Archimonde PVP server
Level 11 troll priest