diff --git a/sdk/monitor/azure-monitor-opentelemetry-exporter/CHANGELOG.md b/sdk/monitor/azure-monitor-opentelemetry-exporter/CHANGELOG.md
index 4ec11ff5d6b4..d973799d27b0 100644
--- a/sdk/monitor/azure-monitor-opentelemetry-exporter/CHANGELOG.md
+++ b/sdk/monitor/azure-monitor-opentelemetry-exporter/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.0.0b23 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.0.0b22 (2024-02-01)
 
 ### Features Added
diff --git a/sdk/monitor/azure-monitor-opentelemetry-exporter/azure/monitor/opentelemetry/exporter/_version.py b/sdk/monitor/azure-monitor-opentelemetry-exporter/azure/monitor/opentelemetry/exporter/_version.py
index bd2982c8ea94..5bfbecadef5d 100644
--- a/sdk/monitor/azure-monitor-opentelemetry-exporter/azure/monitor/opentelemetry/exporter/_version.py
+++ b/sdk/monitor/azure-monitor-opentelemetry-exporter/azure/monitor/opentelemetry/exporter/_version.py
@@ -5,4 +5,4 @@
 # license information.
 # --------------------------------------------------------------------------
 
-VERSION = "1.0.0b22"
+VERSION = "1.0.0b23"