diff --git a/lifecycle-operator/go.mod b/lifecycle-operator/go.mod
index ca6371da81..4755180aa3 100644
--- a/lifecycle-operator/go.mod
+++ b/lifecycle-operator/go.mod
@@ -16,14 +16,14 @@ require (
 	github.com/pkg/errors v0.9.1
 	github.com/prometheus/client_golang v1.17.0
 	github.com/stretchr/testify v1.8.4
-	go.opentelemetry.io/otel v1.20.0
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0
-	go.opentelemetry.io/otel/exporters/prometheus v0.43.0
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.20.0
-	go.opentelemetry.io/otel/metric v1.20.0
-	go.opentelemetry.io/otel/sdk v1.20.0
-	go.opentelemetry.io/otel/sdk/metric v1.20.0
-	go.opentelemetry.io/otel/trace v1.20.0
+	go.opentelemetry.io/otel v1.21.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0
+	go.opentelemetry.io/otel/exporters/prometheus v0.44.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.21.0
+	go.opentelemetry.io/otel/metric v1.21.0
+	go.opentelemetry.io/otel/sdk v1.21.0
+	go.opentelemetry.io/otel/sdk/metric v1.21.0
+	go.opentelemetry.io/otel/trace v1.21.0
 	golang.org/x/net v0.18.0
 	google.golang.org/grpc v1.59.0
 	k8s.io/api v0.28.4
@@ -72,7 +72,7 @@ require (
 	github.com/prometheus/procfs v0.11.1 // indirect
 	github.com/spf13/afero v1.10.0 // indirect
 	github.com/spf13/pflag v1.0.5 // indirect
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0 // indirect
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0 // indirect
 	go.opentelemetry.io/proto/otlp v1.0.0 // indirect
 	go.uber.org/multierr v1.11.0 // indirect
 	go.uber.org/zap v1.25.0 // indirect
diff --git a/lifecycle-operator/go.sum b/lifecycle-operator/go.sum
index 7f8a07052b..adf87465ea 100644
--- a/lifecycle-operator/go.sum
+++ b/lifecycle-operator/go.sum
@@ -265,24 +265,24 @@ go.opencensus.io v0.22.2/go.mod h1:yxeiOL68Rb0Xd1ddK5vPZ/oVn4vY4Ynel7k9FzqtOIw=
 go.opencensus.io v0.22.3/go.mod h1:yxeiOL68Rb0Xd1ddK5vPZ/oVn4vY4Ynel7k9FzqtOIw=
 go.opencensus.io v0.22.4/go.mod h1:yxeiOL68Rb0Xd1ddK5vPZ/oVn4vY4Ynel7k9FzqtOIw=
 go.opencensus.io v0.22.5/go.mod h1:5pWMHQbX5EPX2/62yrJeAkowc+lfs/XD7Uxpq3pI6kk=
-go.opentelemetry.io/otel v1.20.0 h1:vsb/ggIY+hUjD/zCAQHpzTmndPqv/ml2ArbsbfBYTAc=
-go.opentelemetry.io/otel v1.20.0/go.mod h1:oUIGj3D77RwJdM6PPZImDpSZGDvkD9fhesHny69JFrs=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0 h1:DeFD0VgTZ+Cj6hxravYYZE2W4GlneVH81iAOPjZkzk8=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0/go.mod h1:GijYcYmNpX1KazD5JmWGsi4P7dDTTTnfv1UbGn84MnU=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0 h1:gvmNvqrPYovvyRmCSygkUDyL8lC5Tl845MLEwqpxhEU=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0/go.mod h1:vNUq47TGFioo+ffTSnKNdob241vePmtNZnAODKapKd0=
-go.opentelemetry.io/otel/exporters/prometheus v0.43.0 h1:Skkl6akzvdWweXX6LLAY29tyFSO6hWZ26uDbVGTDXe8=
-go.opentelemetry.io/otel/exporters/prometheus v0.43.0/go.mod h1:nZStMoc1H/YJpRjSx9IEX4abBMekORTLQcTUT1CgLkg=
-go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.20.0 h1:4s9HxB4azeeQkhY0GE5wZlMj4/pz8tE5gx2OQpGUw58=
-go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.20.0/go.mod h1:djVA3TUJ2fSdMX0JE5XxFBOaZzprElJoP7fD4vnV2SU=
-go.opentelemetry.io/otel/metric v1.20.0 h1:ZlrO8Hu9+GAhnepmRGhSU7/VkpjrNowxRN9GyKR4wzA=
-go.opentelemetry.io/otel/metric v1.20.0/go.mod h1:90DRw3nfK4D7Sm/75yQ00gTJxtkBxX+wu6YaNymbpVM=
-go.opentelemetry.io/otel/sdk v1.20.0 h1:5Jf6imeFZlZtKv9Qbo6qt2ZkmWtdWx/wzcCbNUlAWGM=
-go.opentelemetry.io/otel/sdk v1.20.0/go.mod h1:rmkSx1cZCm/tn16iWDn1GQbLtsW/LvsdEEFzCSRM6V0=
-go.opentelemetry.io/otel/sdk/metric v1.20.0 h1:5eD40l/H2CqdKmbSV7iht2KMK0faAIL2pVYzJOWobGk=
-go.opentelemetry.io/otel/sdk/metric v1.20.0/go.mod h1:AGvpC+YF/jblITiafMTYgvRBUiwi9hZf0EYE2E5XlS8=
-go.opentelemetry.io/otel/trace v1.20.0 h1:+yxVAPZPbQhbC3OfAkeIVTky6iTFpcr4SiY9om7mXSQ=
-go.opentelemetry.io/otel/trace v1.20.0/go.mod h1:HJSK7F/hA5RlzpZ0zKDCHCDHm556LCDtKaAo6JmBFUU=
+go.opentelemetry.io/otel v1.21.0 h1:hzLeKBZEL7Okw2mGzZ0cc4k/A7Fta0uoPgaJCr8fsFc=
+go.opentelemetry.io/otel v1.21.0/go.mod h1:QZzNPQPm1zLX4gZK4cMi+71eaorMSGT3A4znnUvNNEo=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0 h1:cl5P5/GIfFh4t6xyruOgJP5QiA1pw4fYYdv6nc6CBWw=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0/go.mod h1:zgBdWWAu7oEEMC06MMKc5NLbA/1YDXV1sMpSqEeLQLg=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0 h1:tIqheXEFWAZ7O8A7m+J0aPTmpJN3YQ7qetUAdkkkKpk=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0/go.mod h1:nUeKExfxAQVbiVFn32YXpXZZHZ61Cc3s3Rn1pDBGAb0=
+go.opentelemetry.io/otel/exporters/prometheus v0.44.0 h1:08qeJgaPC0YEBu2PQMbqU3rogTlyzpjhCI2b58Yn00w=
+go.opentelemetry.io/otel/exporters/prometheus v0.44.0/go.mod h1:ERL2uIeBtg4TxZdojHUwzZfIFlUIjZtxubT5p4h1Gjg=
+go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.21.0 h1:VhlEQAPp9R1ktYfrPk5SOryw1e9LDDTZCbIPFrho0ec=
+go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.21.0/go.mod h1:kB3ufRbfU+CQ4MlUcqtW8Z7YEOBeK2DJ6CmR5rYYF3E=
+go.opentelemetry.io/otel/metric v1.21.0 h1:tlYWfeo+Bocx5kLEloTjbcDwBuELRrIFxwdQ36PlJu4=
+go.opentelemetry.io/otel/metric v1.21.0/go.mod h1:o1p3CA8nNHW8j5yuQLdc1eeqEaPfzug24uvsyIEJRWM=
+go.opentelemetry.io/otel/sdk v1.21.0 h1:FTt8qirL1EysG6sTQRZ5TokkU8d0ugCj8htOgThZXQ8=
+go.opentelemetry.io/otel/sdk v1.21.0/go.mod h1:Nna6Yv7PWTdgJHVRD9hIYywQBRx7pbox6nwBnZIxl/E=
+go.opentelemetry.io/otel/sdk/metric v1.21.0 h1:smhI5oD714d6jHE6Tie36fPx4WDFIg+Y6RfAY4ICcR0=
+go.opentelemetry.io/otel/sdk/metric v1.21.0/go.mod h1:FJ8RAsoPGv/wYMgBdUJXOm+6pzFY3YdljnXtv1SBE8Q=
+go.opentelemetry.io/otel/trace v1.21.0 h1:WD9i5gzvoUPuXIXH24ZNBudiarZDKuekPqi/E8fpfLc=
+go.opentelemetry.io/otel/trace v1.21.0/go.mod h1:LGbsEB0f9LGjN+OZaQQ26sohbOmiMR+BaslueVtS/qQ=
 go.opentelemetry.io/proto/otlp v1.0.0 h1:T0TX0tmXU8a3CbNXzEKGeU5mIVOdf0oykP+u2lIVU/I=
 go.opentelemetry.io/proto/otlp v1.0.0/go.mod h1:Sy6pihPLfYHkr3NkUbEhGHFhINUSI/v80hjKIs5JXpM=
 go.uber.org/atomic v1.7.0/go.mod h1:fEN4uk6kAWBTFdckzkM89CLk9XfWZrxpCo0nPH17wJc=
diff --git a/metrics-operator/go.mod b/metrics-operator/go.mod
index 4ab226905c..20bf9c465b 100644
--- a/metrics-operator/go.mod
+++ b/metrics-operator/go.mod
@@ -87,10 +87,10 @@ require (
 	go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.35.0 // indirect
 	go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.35.1 // indirect
 	go.opentelemetry.io/otel v1.21.0 // indirect
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0 // indirect
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0 // indirect
 	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.10.0 // indirect
 	go.opentelemetry.io/otel/metric v1.21.0 // indirect
-	go.opentelemetry.io/otel/sdk v1.20.0 // indirect
+	go.opentelemetry.io/otel/sdk v1.21.0 // indirect
 	go.opentelemetry.io/otel/trace v1.21.0 // indirect
 	go.opentelemetry.io/proto/otlp v1.0.0 // indirect
 	go.uber.org/multierr v1.11.0 // indirect
@@ -123,5 +123,5 @@ require (
 replace (
 	go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc => go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.46.1
 	go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp => go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc => go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc => go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0
 )
diff --git a/metrics-operator/go.sum b/metrics-operator/go.sum
index b8cfd0bc6f..e5639d8eab 100644
--- a/metrics-operator/go.sum
+++ b/metrics-operator/go.sum
@@ -326,14 +326,14 @@ go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1 h1:aFJWCqJ
 go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1/go.mod h1:sEGXWArGqc3tVa+ekntsN65DmVbVeW+7lTKTjZF3/Fo=
 go.opentelemetry.io/otel v1.21.0 h1:hzLeKBZEL7Okw2mGzZ0cc4k/A7Fta0uoPgaJCr8fsFc=
 go.opentelemetry.io/otel v1.21.0/go.mod h1:QZzNPQPm1zLX4gZK4cMi+71eaorMSGT3A4znnUvNNEo=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0 h1:DeFD0VgTZ+Cj6hxravYYZE2W4GlneVH81iAOPjZkzk8=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.20.0/go.mod h1:GijYcYmNpX1KazD5JmWGsi4P7dDTTTnfv1UbGn84MnU=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0 h1:gvmNvqrPYovvyRmCSygkUDyL8lC5Tl845MLEwqpxhEU=
-go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.20.0/go.mod h1:vNUq47TGFioo+ffTSnKNdob241vePmtNZnAODKapKd0=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0 h1:cl5P5/GIfFh4t6xyruOgJP5QiA1pw4fYYdv6nc6CBWw=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.21.0/go.mod h1:zgBdWWAu7oEEMC06MMKc5NLbA/1YDXV1sMpSqEeLQLg=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0 h1:tIqheXEFWAZ7O8A7m+J0aPTmpJN3YQ7qetUAdkkkKpk=
+go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.21.0/go.mod h1:nUeKExfxAQVbiVFn32YXpXZZHZ61Cc3s3Rn1pDBGAb0=
 go.opentelemetry.io/otel/metric v1.21.0 h1:tlYWfeo+Bocx5kLEloTjbcDwBuELRrIFxwdQ36PlJu4=
 go.opentelemetry.io/otel/metric v1.21.0/go.mod h1:o1p3CA8nNHW8j5yuQLdc1eeqEaPfzug24uvsyIEJRWM=
-go.opentelemetry.io/otel/sdk v1.20.0 h1:5Jf6imeFZlZtKv9Qbo6qt2ZkmWtdWx/wzcCbNUlAWGM=
-go.opentelemetry.io/otel/sdk v1.20.0/go.mod h1:rmkSx1cZCm/tn16iWDn1GQbLtsW/LvsdEEFzCSRM6V0=
+go.opentelemetry.io/otel/sdk v1.21.0 h1:FTt8qirL1EysG6sTQRZ5TokkU8d0ugCj8htOgThZXQ8=
+go.opentelemetry.io/otel/sdk v1.21.0/go.mod h1:Nna6Yv7PWTdgJHVRD9hIYywQBRx7pbox6nwBnZIxl/E=
 go.opentelemetry.io/otel/trace v1.21.0 h1:WD9i5gzvoUPuXIXH24ZNBudiarZDKuekPqi/E8fpfLc=
 go.opentelemetry.io/otel/trace v1.21.0/go.mod h1:LGbsEB0f9LGjN+OZaQQ26sohbOmiMR+BaslueVtS/qQ=
 go.opentelemetry.io/proto/otlp v1.0.0 h1:T0TX0tmXU8a3CbNXzEKGeU5mIVOdf0oykP+u2lIVU/I=