diff --git a/util/opentelemetry-util-genai/CHANGELOG.md b/util/opentelemetry-util-genai/CHANGELOG.md
index 3c132b3f4f..873df73a1d 100644
--- a/util/opentelemetry-util-genai/CHANGELOG.md
+++ b/util/opentelemetry-util-genai/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+## Version 0.2b0 (2025-10-14)
+
 - Add jsonlines support to fsspec uploader
   ([https://github.com/open-telemetry/opentelemetry-python-contrib/pull/3791](#3791))
 - Rename "fsspec_upload" entry point and classes to more generic "upload"
diff --git a/util/opentelemetry-util-genai/src/opentelemetry/util/genai/version.py b/util/opentelemetry-util-genai/src/opentelemetry/util/genai/version.py
index 29e61950cc..32e2a06f96 100644
--- a/util/opentelemetry-util-genai/src/opentelemetry/util/genai/version.py
+++ b/util/opentelemetry-util-genai/src/opentelemetry/util/genai/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "0.2b0.dev"
+__version__ = "0.3b0.dev"