diff --git a/packages/node/package.json b/packages/node/package.json
index 4c77f755d5df..faa1826a4575 100644
--- a/packages/node/package.json
+++ b/packages/node/package.json
@@ -71,7 +71,7 @@
   },
   "dependencies": {
     "@opentelemetry/api": "^1.8.0",
-    "@opentelemetry/context-async-hooks": "^1.23.0",
+    "@opentelemetry/context-async-hooks": "^1.24.1",
     "@opentelemetry/core": "^1.24.1",
     "@opentelemetry/instrumentation": "^0.51.1",
     "@opentelemetry/instrumentation-connect": "0.36.1",
diff --git a/packages/opentelemetry/package.json b/packages/opentelemetry/package.json
index 2de7a61d2557..850f467c650a 100644
--- a/packages/opentelemetry/package.json
+++ b/packages/opentelemetry/package.json
@@ -55,7 +55,7 @@
   },
   "devDependencies": {
     "@opentelemetry/api": "^1.8.0",
-    "@opentelemetry/context-async-hooks": "^1.23.0",
+    "@opentelemetry/context-async-hooks": "^1.24.1",
     "@opentelemetry/core": "^1.24.1",
     "@opentelemetry/sdk-trace-base": "^1.23.0",
     "@opentelemetry/semantic-conventions": "^1.23.0"
diff --git a/yarn.lock b/yarn.lock
index 5187b6779fc1..f08e90c12f97 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6251,10 +6251,10 @@
   resolved "https://registry.yarnpkg.com/@opentelemetry/api/-/api-1.8.0.tgz#5aa7abb48f23f693068ed2999ae627d2f7d902ec"
   integrity sha512-I/s6F7yKUDdtMsoBWXJe8Qz40Tui5vsuKCWJEWVL+5q9sSWRzzx6v2KeNsOBEwd94j0eWkpWCH4yB6rZg9Mf0w==
 
-"@opentelemetry/context-async-hooks@^1.23.0":
-  version "1.23.0"
-  resolved "https://registry.yarnpkg.com/@opentelemetry/context-async-hooks/-/context-async-hooks-1.23.0.tgz#4c4627fe2857324459b0a78b5a83cbc64a415d14"
-  integrity sha512-wazGJZDRevibOJ+VgyrT+9+8sybZAxpZx2G7vy30OAtk92OpZCg7HgNxT11NUx0VBDWcRx1dOatMYGOVplQ7QA==
+"@opentelemetry/context-async-hooks@^1.24.1":
+  version "1.24.1"
+  resolved "https://registry.yarnpkg.com/@opentelemetry/context-async-hooks/-/context-async-hooks-1.24.1.tgz#1db7116d78f60e993e0d337bd497885a53deba1a"
+  integrity sha512-R5r6DO4kgEOVBxFXhXjwospLQkv+sYxwCfjvoZBe7Zm6KKXAV9kDSJhi/D1BweowdZmO+sdbENLs374gER8hpQ==
 
 "@opentelemetry/context-base@^0.12.0":
   version "0.12.0"