diff --git a/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/CHANGELOG.md b/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/CHANGELOG.md
index 5d1d7738a7a8a..372379ecd7a7e 100644
--- a/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/CHANGELOG.md
+++ b/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.1.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.0.0 (2023-11-29)
 
 ### Other Changes
diff --git a/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/src/Azure.Monitor.OpenTelemetry.AspNetCore.csproj b/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/src/Azure.Monitor.OpenTelemetry.AspNetCore.csproj
index aafd9694e92eb..a89f13eb9cc47 100644
--- a/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/src/Azure.Monitor.OpenTelemetry.AspNetCore.csproj
+++ b/sdk/monitor/Azure.Monitor.OpenTelemetry.AspNetCore/src/Azure.Monitor.OpenTelemetry.AspNetCore.csproj
@@ -1,8 +1,10 @@
-<Project Sdk="Microsoft.NET.Sdk">
+<Project Sdk="Microsoft.NET.Sdk">
   <PropertyGroup>
     <Description>An OpenTelemetry .NET distro that exports to Azure Monitor</Description>
     <AssemblyTitle>AzureMonitor OpenTelemetry ASP.NET Core Distro</AssemblyTitle>
-    <Version>1.0.0</Version>
+    <Version>1.1.0-beta.1</Version>
+    <!--The ApiCompatVersion is managed automatically and should not generally be modified manually.-->
+    <ApiCompatVersion>1.0.0</ApiCompatVersion>
     <PackageTags>Azure Monitor OpenTelemetry Exporter Distro ApplicationInsights</PackageTags>
     <TargetFrameworks>$(RequiredTargetFrameworks)</TargetFrameworks>
     <IncludeOperationsSharedSource>true</IncludeOperationsSharedSource>