diff --git a/CHANGELOG_DESKTOP.md b/CHANGELOG_DESKTOP.md
index 7f01f2d48b09..4f6102cdacfb 100644
--- a/CHANGELOG_DESKTOP.md
+++ b/CHANGELOG_DESKTOP.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [1.38.119](https://github.com/brave/brave-browser/releases/tag/v1.38.119)
+
+ - Refactored gas fee estimations to help increase successful transactions. ([#22640](https://github.com/brave/brave-browser/issues/22640))
+ - Reimplemented the ability to override page elements with "!important" styles using cosmetic filtering. ([#22264](https://github.com/brave/brave-browser/issues/22264))
+ - Fixed missing "Hardware wallet requires confirmation on device" modal for Brave Wallet. ([#22652](https://github.com/brave/brave-browser/issues/22652))
+ - Fixed Brave Wallet disambiguation between Thor on Avalanche vs Thorswap on Ethereum. ([#22651](https://github.com/brave/brave-browser/issues/22651))
+ - Fixed Brave Wallet panel not dismissing on click after completing a transaction with hardware wallet on Windows and Linux. ([#22780](https://github.com/brave/brave-browser/issues/22780))
+ - Fixed users not seeing Brave Ads after upgrade in certain cases. ([#22540](https://github.com/brave/brave-browser/issues/22540))
+ - Fixed inability to click on the audio icon of an inactive tab to mute the tab. ([#22081](https://github.com/brave/brave-browser/issues/22081))
+ - Upgraded Chromium to 101.0.4951.67 on macOS and Linux. ([#22896](https://github.com/brave/brave-browser/issues/22896)) ([Changelog for 101.0.4951.67](https://chromium.googlesource.com/chromium/src/+log/101.0.4951.64..101.0.4951.67?pretty=fuller&n=1000))
+
 ## [1.38.117](https://github.com/brave/brave-browser/releases/tag/v1.38.117)
 
  - Upgraded Chromium to 101.0.4951.67 on Windows. ([#22809](https://github.com/brave/brave-browser/issues/22809)) ([Changelog for 101.0.4951.67](https://chromium.googlesource.com/chromium/src/+log/101.0.4951.64..101.0.4951.67?pretty=fuller&n=1000))