diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 3f6d7103258a..74ac2064fe37 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -5,7 +5,7 @@ plugins {
 data class DependencySet(val group: String, val version: String, val modules: List<String>)
 
 // this line is managed by .github/scripts/update-sdk-version.sh
-val otelSdkVersion = "1.57.0"
+val otelSdkVersion = "1.58.0"
 val otelContribVersion = "1.52.0-alpha"
 val otelSdkAlphaVersion = otelSdkVersion.replaceFirst("(-SNAPSHOT)?$".toRegex(), "-alpha$1")
 
diff --git a/examples/distro/build.gradle b/examples/distro/build.gradle
index 59e943baa9d0..3b002509ca8f 100644
--- a/examples/distro/build.gradle
+++ b/examples/distro/build.gradle
@@ -27,7 +27,7 @@ subprojects {
   ext {
     versions = [
       // this line is managed by .github/scripts/update-sdk-version.sh
-      opentelemetrySdk           : "1.57.0",
+      opentelemetrySdk           : "1.58.0",
 
       // these lines are managed by .github/scripts/update-version.sh
       opentelemetryJavaagent     : "2.24.0-SNAPSHOT",
diff --git a/examples/extension/build.gradle b/examples/extension/build.gradle
index 519383fe5f9c..a604dc993551 100644
--- a/examples/extension/build.gradle
+++ b/examples/extension/build.gradle
@@ -23,7 +23,7 @@ version '1.0'
 ext {
   versions = [
     // this line is managed by .github/scripts/update-sdk-version.sh
-    opentelemetrySdk           : "1.57.0",
+    opentelemetrySdk           : "1.58.0",
 
     // these lines are managed by .github/scripts/update-version.sh
     opentelemetryJavaagent     : "2.24.0-SNAPSHOT",
diff --git a/licenses/licenses.md b/licenses/licenses.md
index 52933e6ad56d..0ea477bc0b1d 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -65,95 +65,95 @@
 > - **POM Project URL**: [https://github.com/square/okio/](https://github.com/square/okio/)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**13** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api` **Version:** `1.57.0`
+**13** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**14** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api-incubator` **Version:** `1.57.0-alpha`
+**14** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api-incubator` **Version:** `1.58.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**15** **Group:** `io.opentelemetry` **Name:** `opentelemetry-common` **Version:** `1.57.0`
+**15** **Group:** `io.opentelemetry` **Name:** `opentelemetry-common` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**16** **Group:** `io.opentelemetry` **Name:** `opentelemetry-context` **Version:** `1.57.0`
+**16** **Group:** `io.opentelemetry` **Name:** `opentelemetry-context` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**17** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-common` **Version:** `1.57.0`
+**17** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-common` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**18** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging` **Version:** `1.57.0`
+**18** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**19** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging-otlp` **Version:** `1.57.0`
+**19** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging-otlp` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**20** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp` **Version:** `1.57.0`
+**20** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**21** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-common` **Version:** `1.57.0`
+**21** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-common` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**22** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-prometheus` **Version:** `1.57.0-alpha`
+**22** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-prometheus` **Version:** `1.58.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**23** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-sender-okhttp` **Version:** `1.57.0`
+**23** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-sender-okhttp` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**24** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-zipkin` **Version:** `1.57.0`
+**24** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-zipkin` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**25** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-kotlin` **Version:** `1.57.0`
+**25** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-kotlin` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**26** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-trace-propagators` **Version:** `1.57.0`
+**26** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-trace-propagators` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**27** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk` **Version:** `1.57.0`
+**27** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**28** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-common` **Version:** `1.57.0`
+**28** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-common` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**29** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure` **Version:** `1.57.0`
+**29** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**30** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure-spi` **Version:** `1.57.0`
+**30** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure-spi` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**31** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-incubator` **Version:** `1.57.0-alpha`
+**31** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-incubator` **Version:** `1.58.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**32** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-jaeger-remote-sampler` **Version:** `1.57.0`
+**32** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-jaeger-remote-sampler` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**33** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-logs` **Version:** `1.57.0`
+**33** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-logs` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**34** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-metrics` **Version:** `1.57.0`
+**34** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-metrics` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**35** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-trace` **Version:** `1.57.0`
+**35** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-trace` **Version:** `1.58.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)