diff --git a/Cargo.lock b/Cargo.lock
index 75b48dbd9f608..96897ebab9563 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5277,7 +5277,7 @@ dependencies = [
  "mz-tracing",
  "mz-transform",
  "openssl",
- "opentelemetry",
+ "opentelemetry 0.24.0",
  "prometheus",
  "prost",
  "qcell",
@@ -6152,8 +6152,8 @@ dependencies = [
  "num_cpus",
  "openssl",
  "openssl-sys",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.24.0",
+ "opentelemetry_sdk 0.31.0",
  "pin-project",
  "postgres",
  "postgres-openssl",
@@ -6765,8 +6765,8 @@ dependencies = [
  "mz-repr",
  "mz-service",
  "mz-tracing",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.24.0",
+ "opentelemetry_sdk 0.31.0",
  "sentry-tracing",
  "tracing",
  "tracing-capture",
@@ -6850,9 +6850,9 @@ dependencies = [
  "num",
  "num-traits",
  "openssl",
- "opentelemetry",
+ "opentelemetry 0.24.0",
  "opentelemetry-otlp",
- "opentelemetry_sdk",
+ "opentelemetry_sdk 0.31.0",
  "parquet",
  "paste",
  "pin-project",
@@ -8753,6 +8753,20 @@ dependencies = [
  "thiserror 1.0.69",
 ]
 
+[[package]]
+name = "opentelemetry"
+version = "0.31.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "b84bcd6ae87133e903af7ef497404dda70c60d0ea14895fc8a5e6722754fc2a0"
+dependencies = [
+ "futures-core",
+ "futures-sink",
+ "js-sys",
+ "pin-project-lite",
+ "thiserror 2.0.17",
+ "tracing",
+]
+
 [[package]]
 name = "opentelemetry-otlp"
 version = "0.17.0"
@@ -8762,9 +8776,9 @@ dependencies = [
  "async-trait",
  "futures-core",
  "http 1.2.0",
- "opentelemetry",
+ "opentelemetry 0.24.0",
  "opentelemetry-proto",
- "opentelemetry_sdk",
+ "opentelemetry_sdk 0.24.1",
  "prost",
  "thiserror 1.0.69",
  "tokio",
@@ -8777,8 +8791,8 @@ version = "0.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "30ee9f20bff9c984511a02f082dc8ede839e4a9bf15cc2487c8d6fea5ad850d9"
 dependencies = [
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.24.0",
+ "opentelemetry_sdk 0.24.1",
  "prost",
  "tonic",
 ]
@@ -8795,11 +8809,26 @@ dependencies = [
  "futures-util",
  "glob",
  "once_cell",
- "opentelemetry",
+ "opentelemetry 0.24.0",
  "percent-encoding",
  "rand 0.8.5",
  "serde_json",
  "thiserror 1.0.69",
+]
+
+[[package]]
+name = "opentelemetry_sdk"
+version = "0.31.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "e14ae4f5991976fd48df6d843de219ca6d31b01daaab2dad5af2badeded372bd"
+dependencies = [
+ "futures-channel",
+ "futures-executor",
+ "futures-util",
+ "opentelemetry 0.31.0",
+ "percent-encoding",
+ "rand 0.9.2",
+ "thiserror 2.0.17",
  "tokio",
  "tokio-stream",
 ]
@@ -12471,8 +12500,8 @@ source = "git+https://github.com/MaterializeInc/tracing-opentelemetry.git#09f0cc
 dependencies = [
  "js-sys",
  "once_cell",
- "opentelemetry",
- "opentelemetry_sdk",
+ "opentelemetry 0.24.0",
+ "opentelemetry_sdk 0.24.1",
  "smallvec",
  "tracing",
  "tracing-core",
diff --git a/src/environmentd/Cargo.toml b/src/environmentd/Cargo.toml
index ba90f3f3f0563..a67657a81e780 100644
--- a/src/environmentd/Cargo.toml
+++ b/src/environmentd/Cargo.toml
@@ -83,7 +83,7 @@ num_cpus = "1.17.0"
 openssl = { version = "0.10.75", features = ["vendored"] }
 openssl-sys = { version = "0.9.108", features = ["vendored"] }
 opentelemetry = { version = "0.24.0", features = ["trace"] }
-opentelemetry_sdk = { version = "0.24.1", features = ["rt-tokio"] }
+opentelemetry_sdk = { version = "0.31.0", features = ["rt-tokio"] }
 pin-project = "1.1.10"
 postgres = { version = "0.19.5", optional = true }
 postgres-openssl = { version = "0.5.0", optional = true }
diff --git a/src/orchestrator-tracing/Cargo.toml b/src/orchestrator-tracing/Cargo.toml
index 129ad8fc38874..4cb1edaee6dd0 100644
--- a/src/orchestrator-tracing/Cargo.toml
+++ b/src/orchestrator-tracing/Cargo.toml
@@ -28,7 +28,7 @@ tracing = { version = "0.1.37" }
 tracing-capture = { version = "0.1.0", optional = true }
 tracing-subscriber = { version = "0.3.19", default-features = false }
 opentelemetry = { version = "0.24.0", features = ["trace"] }
-opentelemetry_sdk = { version = "0.24.1", features = ["rt-tokio"] }
+opentelemetry_sdk = { version = "0.31.0", features = ["rt-tokio"] }
 workspace-hack = { version = "0.0.0", path = "../workspace-hack", optional = true }
 
 [dev-dependencies]
diff --git a/src/ore/Cargo.toml b/src/ore/Cargo.toml
index d01d0a31f1a83..f939d961fee1a 100644
--- a/src/ore/Cargo.toml
+++ b/src/ore/Cargo.toml
@@ -89,7 +89,7 @@ hyper-tls = { version = "0.6.0", optional = true }
 hyper-util = { version = "0.1.18", optional = true }
 opentelemetry = { version = "0.24.0", features = ["trace"], optional = true }
 opentelemetry-otlp = { version = "0.17.0", optional = true }
-opentelemetry_sdk = { version = "0.24.1", features = ["rt-tokio"], optional = true }
+opentelemetry_sdk = { version = "0.31.0", features = ["rt-tokio"], optional = true }
 console-subscriber = { version = "0.4.1", optional = true }
 sentry-tracing = { version = "0.38.1", optional = true }
 turmoil = { version = "0.7.0", optional = true }