diff --git a/build.sbt b/build.sbt
index 652c69485..cb38e4e4b 100644
--- a/build.sbt
+++ b/build.sbt
@@ -999,7 +999,7 @@ lazy val openTelemetryTracingZioBackend = (projectMatrix in file("observability/
   .settings(
     name := "opentelemetry-tracing-zio-backend",
     libraryDependencies ++= Seq(
-      "dev.zio" %% "zio-opentelemetry" % "3.0.0",
+      "dev.zio" %% "zio-opentelemetry" % "3.0.1",
       "io.opentelemetry.semconv" % "opentelemetry-semconv" % "1.26.0-alpha",
       "io.opentelemetry" % "opentelemetry-api" % openTelemetryVersion,
       "io.opentelemetry" % "opentelemetry-sdk-testing" % openTelemetryVersion % Test