diff --git a/devel/rubygem-opentelemetry-instrumentation-rake/Makefile b/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
index bf8e630e4ddf..0271ffdc79a6 100644
--- a/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
+++ b/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
@@ -1,22 +1,22 @@
 PORTNAME=	opentelemetry-instrumentation-rake
-PORTVERSION=	0.3.0
+PORTVERSION=	0.3.1
 CATEGORIES=	devel rubygems
 MASTER_SITES=	RG
 
 MAINTAINER=	mfechner@FreeBSD.org
 COMMENT=	Rake instrumentation for the OpenTelemetry framework
 WWW=		https://opentelemetry.io/ \
 		https://github.com/open-telemetry/opentelemetry-ruby \
 		https://github.com/open-telemetry/opentelemetry-ruby-contrib/tree/main/instrumentation/rake
 
 LICENSE=	APACHE20
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 RUN_DEPENDS=	rubygem-opentelemetry-api>=1.0<2:devel/rubygem-opentelemetry-api \
 		rubygem-opentelemetry-instrumentation-base>=0.23.0<0.24:devel/rubygem-opentelemetry-instrumentation-base
 
 USES=		gem
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/rubygem-opentelemetry-instrumentation-rake/distinfo b/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
index 1c276c3949c6..491c604fe11f 100644
--- a/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
+++ b/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1737271078
-SHA256 (rubygem/opentelemetry-instrumentation-rake-0.3.0.gem) = 1b8c2db79b1c896ed0755144146c10ae75b8d49b5484772aa079bd15321d421e
-SIZE (rubygem/opentelemetry-instrumentation-rake-0.3.0.gem) = 10752
+TIMESTAMP = 1752213273
+SHA256 (rubygem/opentelemetry-instrumentation-rake-0.3.1.gem) = dd12d24373a6f293de51ecff8986f2e341a24ad28b2dbabac21f2ccfbb43dcd9
+SIZE (rubygem/opentelemetry-instrumentation-rake-0.3.1.gem) = 10752