diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 2e9191f85..1a4b739d7 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,6 +1,6 @@
 {
   "providers/flagd": "0.9.3",
-  "hooks/open-telemetry": "3.2.0",
+  "hooks/open-telemetry": "3.2.1",
   "providers/go-feature-flag": "0.3.0",
   "providers/flagsmith": "0.0.9",
   "providers/env-var": "0.0.7",
diff --git a/hooks/open-telemetry/CHANGELOG.md b/hooks/open-telemetry/CHANGELOG.md
index dde647869..69efbf931 100644
--- a/hooks/open-telemetry/CHANGELOG.md
+++ b/hooks/open-telemetry/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [3.2.1](https://github.com/open-feature/java-sdk-contrib/compare/dev.openfeature.contrib.hooks.otel-v3.2.0...dev.openfeature.contrib.hooks.otel-v3.2.1) (2024-10-23)
+
+
+### 🐛 Bug Fixes
+
+* **deps:** update opentelemetry-java monorepo to v1.43.0 ([#1020](https://github.com/open-feature/java-sdk-contrib/issues/1020)) ([67682a8](https://github.com/open-feature/java-sdk-contrib/commit/67682a8d8a0a69c157e0d4a78bf541c5c7c60971))
+
 ## [3.2.0](https://github.com/open-feature/java-sdk-contrib/compare/dev.openfeature.contrib.hooks.otel-v3.1.2...dev.openfeature.contrib.hooks.otel-v3.2.0) (2024-09-25)
 
 ### 🐛 Bug Fixes
diff --git a/hooks/open-telemetry/README.md b/hooks/open-telemetry/README.md
index d9ca33cda..2728ba2e9 100644
--- a/hooks/open-telemetry/README.md
+++ b/hooks/open-telemetry/README.md
@@ -12,7 +12,7 @@ These hooks can be used to determine the impact a feature has on a request, enab
 <dependency>
     <groupId>dev.openfeature.contrib.hooks</groupId>
     <artifactId>otel</artifactId>
-    <version>3.2.0</version>
+    <version>3.2.1</version>
 </dependency>
 ```
 
diff --git a/hooks/open-telemetry/pom.xml b/hooks/open-telemetry/pom.xml
index 2a60363aa..3da4973d5 100644
--- a/hooks/open-telemetry/pom.xml
+++ b/hooks/open-telemetry/pom.xml
@@ -10,7 +10,7 @@
     </parent>
     <groupId>dev.openfeature.contrib.hooks</groupId>
     <artifactId>otel</artifactId>
-    <version>3.2.0</version> <!--x-release-please-version -->
+    <version>3.2.1</version> <!--x-release-please-version -->
 
     <name>open-telemetry-hook</name>
     <description>Open Telemetry Hook</description>
diff --git a/hooks/open-telemetry/version.txt b/hooks/open-telemetry/version.txt
index 944880fa1..e4604e3af 100644
--- a/hooks/open-telemetry/version.txt
+++ b/hooks/open-telemetry/version.txt
@@ -1 +1 @@
-3.2.0
+3.2.1