diff --git a/merged-packages/utils/CHANGELOG.md b/merged-packages/utils/CHANGELOG.md
index fc99b03463..05ad01fc5a 100644
--- a/merged-packages/utils/CHANGELOG.md
+++ b/merged-packages/utils/CHANGELOG.md
@@ -6,6 +6,13 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [5.0.2]
+### Changed
+- The `Keyring` exposes a new optional method `init` ([#99](https://github.com/MetaMask/utils/pull/99))
+
+### Fixed
+- Bump `@ethereumjs/tx` to `4.1.2` to address runtime compatibility issues ([#100](https://github.com/MetaMask/utils/pull/100))
+
 ## [5.0.1]
 ### Fixed
 - Keep original type when using `hasProperty` if defined ([#94](https://github.com/MetaMask/utils/pull/94))
@@ -134,7 +141,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Added
 - Initial release
 
-[Unreleased]: https://github.com/MetaMask/utils/compare/v5.0.1...HEAD
+[Unreleased]: https://github.com/MetaMask/utils/compare/v5.0.2...HEAD
+[5.0.2]: https://github.com/MetaMask/utils/compare/v5.0.1...v5.0.2
 [5.0.1]: https://github.com/MetaMask/utils/compare/v5.0.0...v5.0.1
 [5.0.0]: https://github.com/MetaMask/utils/compare/v4.0.0...v5.0.0
 [4.0.0]: https://github.com/MetaMask/utils/compare/v3.6.0...v4.0.0
diff --git a/merged-packages/utils/package.json b/merged-packages/utils/package.json
index 3e122927e7..935190e9dc 100644
--- a/merged-packages/utils/package.json
+++ b/merged-packages/utils/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/utils",
-  "version": "5.0.1",
+  "version": "5.0.2",
   "description": "Various JavaScript/TypeScript utilities of wide relevance to the MetaMask codebase.",
   "repository": {
     "type": "git",