diff --git a/build.sbt b/build.sbt
index cbbc246046..54dd9606e4 100644
--- a/build.sbt
+++ b/build.sbt
@@ -163,7 +163,7 @@ val resilience4jVersion = "2.1.0"
 val http4s_ce2_version = "0.22.15"
 val http4s_ce3_version = "0.23.24"
 
-val openTelemetryVersion = "1.33.0"
+val openTelemetryVersion = "1.34.0"
 
 val compileAndTest = "compile->compile;test->test"