diff --git a/build.sbt b/build.sbt
index 3541a705d7..5f006bb2d1 100644
--- a/build.sbt
+++ b/build.sbt
@@ -167,7 +167,7 @@ val resilience4jVersion = "2.0.2"
 val http4s_ce2_version = "0.22.15"
 val http4s_ce3_version = "0.23.18"
 
-val openTelemetryVersion = "1.22.0"
+val openTelemetryVersion = "1.23.0"
 
 val compileAndTest = "compile->compile;test->test"