diff --git a/propagator/google_cloud_trace_context/CHANGELOG.md b/propagator/google_cloud_trace_context/CHANGELOG.md
index 2730092922..7bb58a25fd 100644
--- a/propagator/google_cloud_trace_context/CHANGELOG.md
+++ b/propagator/google_cloud_trace_context/CHANGELOG.md
@@ -1 +1,5 @@
 # Release History: opentelemetry-propagator-google_cloud_trace_context
+
+### v0.1.0 / 2025-05-01
+
+Initial release.
diff --git a/propagator/google_cloud_trace_context/lib/opentelemetry/propagator/google_cloud_trace_context/version.rb b/propagator/google_cloud_trace_context/lib/opentelemetry/propagator/google_cloud_trace_context/version.rb
index 589477a9af..258e1daf76 100644
--- a/propagator/google_cloud_trace_context/lib/opentelemetry/propagator/google_cloud_trace_context/version.rb
+++ b/propagator/google_cloud_trace_context/lib/opentelemetry/propagator/google_cloud_trace_context/version.rb
@@ -16,7 +16,7 @@ module Propagator
     # Namespace for OpenTelemetry GoogleCloudTraceContext propagation
     module GoogleCloudTraceContext
       # Current gem version
-      VERSION = '0.0.0'
+      VERSION = '0.1.0'
     end
   end
 end