diff --git a/package.json b/package.json
index 246ebe349c..6b379eadbd 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "173.0.0",
+  "version": "174.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/notification-services-controller/package.json b/packages/notification-services-controller/package.json
index 4a658dc2e1..158b097f1d 100644
--- a/packages/notification-services-controller/package.json
+++ b/packages/notification-services-controller/package.json
@@ -45,7 +45,7 @@
     "@metamask/base-controller": "^6.0.1",
     "@metamask/controller-utils": "^11.0.1",
     "@metamask/keyring-controller": "^17.1.0",
-    "@metamask/profile-sync-controller": "^0.1.2",
+    "@metamask/profile-sync-controller": "^0.1.3",
     "bignumber.js": "^4.1.0",
     "contentful": "^10.3.6",
     "firebase": "^10.11.0",
diff --git a/packages/profile-sync-controller/CHANGELOG.md b/packages/profile-sync-controller/CHANGELOG.md
index c163d0ba84..27408a1add 100644
--- a/packages/profile-sync-controller/CHANGELOG.md
+++ b/packages/profile-sync-controller/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.1.3]
+
+### Changed
+
+- Switch ethers to a devDependency ([#4518](https://github.com/MetaMask/core/pull/4518))
+
 ## [0.1.2]
 
 ### Added
@@ -34,7 +40,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Initial release
 
-[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.2...HEAD
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.3...HEAD
+[0.1.3]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.2...@metamask/profile-sync-controller@0.1.3
 [0.1.2]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.1...@metamask/profile-sync-controller@0.1.2
 [0.1.1]: https://github.com/MetaMask/core/compare/@metamask/profile-sync-controller@0.1.0...@metamask/profile-sync-controller@0.1.1
 [0.1.0]: https://github.com/MetaMask/core/releases/tag/@metamask/profile-sync-controller@0.1.0
diff --git a/packages/profile-sync-controller/package.json b/packages/profile-sync-controller/package.json
index 6de8d01c80..65887acd4d 100644
--- a/packages/profile-sync-controller/package.json
+++ b/packages/profile-sync-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/profile-sync-controller",
-  "version": "0.1.2",
+  "version": "0.1.3",
   "description": "The profile sync helps developers synchronize data across multiple clients and devices in a privacy-preserving way. All data saved in the user storage database is encrypted client-side to preserve privacy. The user storage provides a modular design, giving developers the flexibility to construct and manage their storage spaces in a way that best suits their needs",
   "keywords": [
     "MetaMask",
diff --git a/yarn.lock b/yarn.lock
index f2de15e0a3..a410fa0a5b 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3307,7 +3307,7 @@ __metadata:
     "@metamask/base-controller": "npm:^6.0.1"
     "@metamask/controller-utils": "npm:^11.0.1"
     "@metamask/keyring-controller": "npm:^17.1.0"
-    "@metamask/profile-sync-controller": "npm:^0.1.2"
+    "@metamask/profile-sync-controller": "npm:^0.1.3"
     "@types/jest": "npm:^27.4.1"
     "@types/readable-stream": "npm:^2.3.0"
     bignumber.js: "npm:^4.1.0"
@@ -3518,7 +3518,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@metamask/profile-sync-controller@npm:^0.1.2, @metamask/profile-sync-controller@workspace:packages/profile-sync-controller":
+"@metamask/profile-sync-controller@npm:^0.1.3, @metamask/profile-sync-controller@workspace:packages/profile-sync-controller":
   version: 0.0.0-use.local
   resolution: "@metamask/profile-sync-controller@workspace:packages/profile-sync-controller"
   dependencies: