diff --git a/instrumentation/grpc/CHANGELOG.md b/instrumentation/grpc/CHANGELOG.md
index 2de5554b48..db3387ff36 100644
--- a/instrumentation/grpc/CHANGELOG.md
+++ b/instrumentation/grpc/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Release History: opentelemetry-instrumentation-grpc
 
+### v0.2.1 / 2025-04-17
+
+* CHANGED: Fix ClientTracer: uninitialized constant GRPC (NameError) https://github.com/open-telemetry/opentelemetry-ruby-contrib/pull/1471
+
 ### v0.2.0 / 2025-04-02
 
 * ADDED: Add gRPC trace demonstration
diff --git a/instrumentation/grpc/lib/opentelemetry/instrumentation/grpc/version.rb b/instrumentation/grpc/lib/opentelemetry/instrumentation/grpc/version.rb
index 090a29272c..698b9ba0b0 100644
--- a/instrumentation/grpc/lib/opentelemetry/instrumentation/grpc/version.rb
+++ b/instrumentation/grpc/lib/opentelemetry/instrumentation/grpc/version.rb
@@ -7,7 +7,7 @@
 module OpenTelemetry
   module Instrumentation
     module Grpc
-      VERSION = '0.2.0'
+      VERSION = '0.2.1'
     end
   end
 end