diff --git a/instrumentation/opentelemetry-instrumentation-dbapi/src/opentelemetry/instrumentation/dbapi/__init__.py b/instrumentation/opentelemetry-instrumentation-dbapi/src/opentelemetry/instrumentation/dbapi/__init__.py
index 0d1a228be1..a2d63c20e3 100644
--- a/instrumentation/opentelemetry-instrumentation-dbapi/src/opentelemetry/instrumentation/dbapi/__init__.py
+++ b/instrumentation/opentelemetry-instrumentation-dbapi/src/opentelemetry/instrumentation/dbapi/__init__.py
@@ -42,7 +42,7 @@
 import functools
 import logging
 import re
-from typing import Any, Callable, Generic, TypeVar
+from typing import Any, Awaitable, Callable, Generic, TypeVar
 
 import wrapt
 from wrapt import wrap_function_wrapper
@@ -596,6 +596,44 @@ def traced_execution(
                     self._populate_span(span, cursor, *args)
             return query_method(*args, **kwargs)
 
+    async def traced_execution_async(
+        self,
+        cursor: CursorT,
+        query_method: Callable[..., Awaitable[Any]],
+        *args: tuple[Any, ...],
+        **kwargs: dict[Any, Any],
+    ):
+        name = self.get_operation_name(cursor, args)
+        if not name:
+            name = (
+                self._db_api_integration.database
+                if self._db_api_integration.database
+                else self._db_api_integration.name
+            )
+
+        with self._db_api_integration._tracer.start_as_current_span(
+            name, kind=SpanKind.CLIENT
+        ) as span:
+            if span.is_recording():
+                if args and self._commenter_enabled:
+                    if self._enable_attribute_commenter:
+                        # sqlcomment is added to executed query and db.statement span attribute
+                        args = self._update_args_with_added_sql_comment(
+                            args, cursor
+                        )
+                        self._populate_span(span, cursor, *args)
+                    else:
+                        # sqlcomment is only added to executed query
+                        # so db.statement is set before add_sql_comment
+                        self._populate_span(span, cursor, *args)
+                        args = self._update_args_with_added_sql_comment(
+                            args, cursor
+                        )
+                else:
+                    # no sqlcomment anywhere
+                    self._populate_span(span, cursor, *args)
+            return await query_method(*args, **kwargs)
+
 
 # pylint: disable=abstract-method
 class TracedCursorProxy(wrapt.ObjectProxy, Generic[CursorT]):
diff --git a/instrumentation/opentelemetry-instrumentation-psycopg/src/opentelemetry/instrumentation/psycopg/__init__.py b/instrumentation/opentelemetry-instrumentation-psycopg/src/opentelemetry/instrumentation/psycopg/__init__.py
index 38a6264c6d..ede035e079 100644
--- a/instrumentation/opentelemetry-instrumentation-psycopg/src/opentelemetry/instrumentation/psycopg/__init__.py
+++ b/instrumentation/opentelemetry-instrumentation-psycopg/src/opentelemetry/instrumentation/psycopg/__init__.py
@@ -399,17 +399,17 @@ def _new_cursor_async_factory(
 
     class TracedCursorAsyncFactory(base_factory):
         async def execute(self, *args: Any, **kwargs: Any):
-            return await _cursor_tracer.traced_execution(
+            return await _cursor_tracer.traced_execution_async(
                 self, super().execute, *args, **kwargs
             )
 
         async def executemany(self, *args: Any, **kwargs: Any):
-            return await _cursor_tracer.traced_execution(
+            return await _cursor_tracer.traced_execution_async(
                 self, super().executemany, *args, **kwargs
             )
 
         async def callproc(self, *args: Any, **kwargs: Any):
-            return await _cursor_tracer.traced_execution(
+            return await _cursor_tracer.traced_execution_async(
                 self, super().callproc, *args, **kwargs
             )
 
diff --git a/instrumentation/opentelemetry-instrumentation-psycopg/tests/test_psycopg_integration.py b/instrumentation/opentelemetry-instrumentation-psycopg/tests/test_psycopg_integration.py
index 6c9bcf2d4b..0987d3e932 100644
--- a/instrumentation/opentelemetry-instrumentation-psycopg/tests/test_psycopg_integration.py
+++ b/instrumentation/opentelemetry-instrumentation-psycopg/tests/test_psycopg_integration.py
@@ -12,6 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
+import asyncio
 import types
 from unittest import IsolatedAsyncioTestCase, mock
 
@@ -50,10 +51,15 @@ def __init__(self, *args, **kwargs):
         pass
 
     # pylint: disable=unused-argument, no-self-use
-    async def execute(self, query, params=None, throw_exception=False):
+    async def execute(
+        self, query, params=None, throw_exception=False, delay=0.0
+    ):
         if throw_exception:
             raise psycopg.Error("Test Exception")
 
+        if delay:
+            await asyncio.sleep(delay)
+
     # pylint: disable=unused-argument, no-self-use
     async def executemany(self, query, params=None, throw_exception=False):
         if throw_exception:
@@ -492,3 +498,27 @@ async def test_not_recording_async(self):
             self.assertFalse(mock_span.set_status.called)
 
         PsycopgInstrumentor().uninstrument()
+
+    async def test_tracing_is_async(self):
+        PsycopgInstrumentor().instrument()
+
+        # before this async fix cursor.execute would take 14000 ns, delaying for
+        # 100,000ns
+        delay = 0.0001
+
+        async def test_async_connection():
+            acnx = await psycopg.AsyncConnection.connect("test")
+            async with acnx as cnx:
+                async with cnx.cursor() as cursor:
+                    await cursor.execute("SELECT * FROM test", delay=delay)
+
+        await test_async_connection()
+        spans_list = self.memory_exporter.get_finished_spans()
+        self.assertEqual(len(spans_list), 1)
+        span = spans_list[0]
+
+        # duration is nanoseconds
+        duration = span.end_time - span.start_time
+        self.assertGreater(duration, delay * 1e9)
+
+        PsycopgInstrumentor().uninstrument()