diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9215ad9e217..2bfe0a9411b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,18 +8,19 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 
 ## [Unreleased]
 
+## [1.12.0/0.35.0] 2023-01-28
+
 ### Added
 
-- The `WithInt64Callback` option is added to `go.opentelemetry.io/otel/metric/instrument` to configure int64 Observer callbacks during their creation. (#3507)
-- The `WithFloat64Callback` option is added to `go.opentelemetry.io/otel/metric/instrument` to configure float64 Observer callbacks during their creation. (#3507)
-- Return a `Registration` from the `RegisterCallback` method of a `Meter` in the `go.opentelemetry.io/otel/metric` package.
-  This `Registration` can be used to unregister callbacks. (#3522)
-- Add `Producer` interface and `Reader.RegisterProducer(Producer)` to `go.opentelemetry.io/otel/sdk/metric` to enable external metric Producers. (#3524)
-- Add the `Callback` function type to the `go.opentelemetry.io/otel/metric` package.
+- The `WithInt64Callback` option to `go.opentelemetry.io/otel/metric/instrument`.
+  This options is used to configure `int64` Observer callbacks during their creation. (#3507)
+- The `WithFloat64Callback` option to `go.opentelemetry.io/otel/metric/instrument`.
+  This options is used to configure `float64` Observer callbacks during their creation. (#3507)
+- The `Producer` interface and `Reader.RegisterProducer(Producer)` to `go.opentelemetry.io/otel/sdk/metric`.
+  These additions are used to enable external metric Producers. (#3524)
+- The `Callback` function type to `go.opentelemetry.io/otel/metric`.
   This new named function type is registered with a `Meter`. (#3564)
-- Add the `go.opentelemetry.io/otel/semconv/v1.14.0` package.
-  The package contains semantic conventions from the `v1.14.0` version of the OpenTelemetry specification. (#3566)
-- Add the `go.opentelemetry.io/otel/semconv/v1.13.0` package.
+- The `go.opentelemetry.io/otel/semconv/v1.13.0` package.
   The package contains semantic conventions from the `v1.13.0` version of the OpenTelemetry specification. (#3499)
   - The `EndUserAttributesFromHTTPRequest` function in `go.opentelemetry.io/otel/semconv/v1.12.0` is merged into `ClientRequest` and `ServerRequest` in `go.opentelemetry.io/otel/semconv/v1.13.0/httpconv`.
   - The `HTTPAttributesFromHTTPStatusCode` function in `go.opentelemetry.io/otel/semconv/v1.12.0` is merged into `ClientResponse` in `go.opentelemetry.io/otel/semconv/v1.13.0/httpconv`.
@@ -31,11 +32,13 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
   - The `SpanStatusFromHTTPStatusCodeAndSpanKind` function in `go.opentelemetry.io/otel/semconv/v1.12.0` is split into `ClientStatus` and `ServerStatus` in `go.opentelemetry.io/otel/semconv/v1.13.0/httpconv`.
   - The `Client` function is included in `go.opentelemetry.io/otel/semconv/v1.13.0/netconv` to generate attributes for a `net.Conn`.
   - The `Server` function is included in `go.opentelemetry.io/otel/semconv/v1.13.0/netconv` to generate attributes for a `net.Listener`.
-- Add the `go.opentelemetry.io/otel/semconv/v1.15.0` package.
+- The `go.opentelemetry.io/otel/semconv/v1.14.0` package.
+  The package contains semantic conventions from the `v1.14.0` version of the OpenTelemetry specification. (#3566)
+- The `go.opentelemetry.io/otel/semconv/v1.15.0` package.
   The package contains semantic conventions from the `v1.15.0` version of the OpenTelemetry specification. (#3578)
-- Add the `go.opentelemetry.io/otel/semconv/v1.16.0` package.
+- The `go.opentelemetry.io/otel/semconv/v1.16.0` package.
   The package contains semantic conventions from the `v1.16.0` version of the OpenTelemetry specification. (#3579)
-- Metric instruments were added to `go.opentelemetry.io/otel/metric/instrument`.
+- Metric instruments to `go.opentelemetry.io/otel/metric/instrument`.
   These instruments are use as replacements of the depreacted `go.opentelemetry.io/otel/metric/instrument/{asyncfloat64,asyncint64,syncfloat64,syncint64}` packages.(#3575, #3586)
   - `Float64ObservableCounter` replaces the `asyncfloat64.Counter`
   - `Float64ObservableUpDownCounter` replaces the `asyncfloat64.UpDownCounter`
@@ -49,49 +52,32 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
   - `Int64Counter` replaces the `syncint64.Counter`
   - `Int64UpDownCounter` replaces the `syncint64.UpDownCounter`
   - `Int64Histogram` replaces the `syncint64.Histogram`
-- Add `NewTracerProvider` to `go.opentelemetry.io/otel/bridge/opentracing` to create `WrapperTracer` instances from a `TracerProvider`. (#3316)
-- The `Extrema` type to `go.opentelemetry.io/otel/sdk/metric/metricdata` to represent min/max values and still be able to distinguish unset and zero values. (#3487)
-- Add the `go.opentelemetry.io/otel/semconv/v1.17.0` package.
+- `NewTracerProvider` to `go.opentelemetry.io/otel/bridge/opentracing`.
+  This is used to create `WrapperTracer` instances from a `TracerProvider`. (#3116)
+- The `Extrema` type to `go.opentelemetry.io/otel/sdk/metric/metricdata`.
+  This type is used to represent min/max values and still be able to distinguish unset and zero values. (#3487)
+- The `go.opentelemetry.io/otel/semconv/v1.17.0` package.
   The package contains semantic conventions from the `v1.17.0` version of the OpenTelemetry specification. (#3599)
 
 ### Changed
 
+- Jaeger and Zipkin exporter use `github.com/go-logr/logr` as the logging interface, and add the `WithLogr` option. (#3497, #3500)
 - Instrument configuration in `go.opentelemetry.io/otel/metric/instrument` is split into specific options and confguration based on the instrument type. (#3507)
   - Use the added `Int64Option` type to configure instruments from `go.opentelemetry.io/otel/metric/instrument/syncint64`.
   - Use the added `Float64Option` type to configure instruments from `go.opentelemetry.io/otel/metric/instrument/syncfloat64`.
   - Use the added `Int64ObserverOption` type to configure instruments from `go.opentelemetry.io/otel/metric/instrument/asyncint64`.
   - Use the added `Float64ObserverOption` type to configure instruments from `go.opentelemetry.io/otel/metric/instrument/asyncfloat64`.
-- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/asyncint64` is removed.
-  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
-  - The `Counter` method is replaced by `Meter.Int64ObservableCounter`
-  - The `UpDownCounter` method is replaced by `Meter.Int64ObservableUpDownCounter`
-  - The `Gauge` method is replaced by `Meter.Int64ObservableGauge`
-- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/asyncfloat64` is removed.
-  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
-  - The `Counter` method is replaced by `Meter.Float64ObservableCounter`
-  - The `UpDownCounter` method is replaced by `Meter.Float64ObservableUpDownCounter`
-  - The `Gauge` method is replaced by `Meter.Float64ObservableGauge`
-- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/syncint64` is removed.
-  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
-  - The `Counter` method is replaced by `Meter.Int64Counter`
-  - The `UpDownCounter` method is replaced by `Meter.Int64UpDownCounter`
-  - The `Histogram` method is replaced by `Meter.Int64Histogram`
-- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/syncfloat64` is removed.
-  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
-  - The `Counter` method is replaced by `Meter.Float64Counter`
-  - The `UpDownCounter` method is replaced by `Meter.Float64UpDownCounter`
-  - The `Histogram` method is replaced by `Meter.Float64Histogram`
+- Return a `Registration` from the `RegisterCallback` method of a `Meter` in the `go.opentelemetry.io/otel/metric` package.
+  This `Registration` can be used to unregister callbacks. (#3522)
 - Global error handler uses an atomic value instead of a mutex. (#3543)
-- Add `Producer` interface and `Reader.RegisterProducer(Producer)` to `go.opentelemetry.io/otel/sdk/metric` to enable external metric Producers. (#3524)
 - Add `NewMetricProducer` to `go.opentelemetry.io/otel/bridge/opencensus`, which can be used to pass OpenCensus metrics to an OpenTelemetry Reader. (#3541)
 - Global logger uses an atomic value instead of a mutex. (#3545)
 - The `Shutdown` method of the `"go.opentelemetry.io/otel/sdk/trace".TracerProvider` releases all computational resources when called the first time. (#3551)
-- `traceIDRatioSampler` (given by `TraceIDRatioBased(float64)`) now uses the rightmost bits for sampling decisions,
-  fixing random sampling when using ID generators like `xray.IDGenerator`
-  and increasing parity with other language implementations. (#3557)
-- OTLP trace exporter errors are wrapped in a type that prefixes the signal name in front of error strings (e.g., "traces export: context canceled" instead of just "context canceled").
+- The `Sampler` returned from `TraceIDRatioBased` `go.opentelemetry.io/otel/sdk/trace` now uses the rightmost bits for sampling decisions.
+  This fixes random sampling when using ID generators like `xray.IDGenerator` and increasing parity with other language implementations. (#3557)
+- Errors from `go.opentelemetry.io/otel/exporters/otlp/otlptrace` exporters are wrapped in erros identifying their signal name.
   Existing users of the exporters attempting to identify specific errors will need to use `errors.Unwrap()` to get the underlying error. (#3516)
-- The OTLP exporter for traces and metrics will print the final retryable error message when attempts to retry time out. (#3514)
+- Exporters from `go.opentelemetry.io/otel/exporters/otlp` will print the final retryable error message when attempts to retry time out. (#3514)
 - The instrument kind names in `go.opentelemetry.io/otel/sdk/metric` are updated to match the API. (#3562)
   - `InstrumentKindSyncCounter` is renamed to `InstrumentKindCounter`
   - `InstrumentKindSyncUpDownCounter` is renamed to `InstrumentKindUpDownCounter`
@@ -99,16 +85,15 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
   - `InstrumentKindAsyncCounter` is renamed to `InstrumentKindObservableCounter`
   - `InstrumentKindAsyncUpDownCounter` is renamed to `InstrumentKindObservableUpDownCounter`
   - `InstrumentKindAsyncGauge` is renamed to `InstrumentKindObservableGauge`
-- Update the `RegisterCallback` method of the `Meter` in the `go.opentelemetry.io/otel/sdk/metric` package to accept the added `Callback` type instead of an inline function type definition.
-  The underlying type of a `Callback` is the same `func(context.Context)` that the method used to accept. (#3564)
-- The callback function registered with a `Meter` from the `go.opentelemetry.io/otel/metric` package is required to return an error now. (#3576)
+- The `RegisterCallback` method of the `Meter` in `go.opentelemetry.io/otel/metric` changed.
+  - The named `Callback` replaces the inline function parameter. (#3564)
+  - `Callback` is required to return an error. (#3576)
+  - `Callback` accepts the added `Observer` parameter added.
+    This new parameter is used by `Callback` implementations to observe values for asynchronous instruments instead of calling the `Observe` method of the instrument directly. (#3584)
+  - The slice of `instrument.Asynchronous` is now passed as a variadic argument. (#3587)
 - The exporter from `go.opentelemetry.io/otel/exporters/zipkin` is updated to use the `v1.16.0` version of semantic conventions.
   This means it no longer uses the removed `net.peer.ip` or `http.host` attributes to determine the remote endpoint.
   Instead it uses the `net.sock.peer` attributes. (#3581)
-- The parameters for the `RegisterCallback` method of the `Meter` from `go.opentelemetry.io/otel/metric` are changed.
-  The slice of `instrument.Asynchronous` parameter is now passed as a variadic argument. (#3587)
-- The `Callback` in `go.opentelemetry.io/otel/metric` has the added `Observer` parameter added.
-  This new parameter is used by `Callback` implementations to observe values for asynchronous instruments instead of calling the `Observe` method of the instrument directly. (#3584)
 - The `Min` and `Max` fields of the `HistogramDataPoint` in `go.opentelemetry.io/otel/sdk/metric/metricdata` are now defined with the added `Extrema` type instead of a `*float64`. (#3487)
 
 ### Fixed
@@ -119,7 +104,8 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 
 ### Deprecated
 
-- The `NewMetricExporter` in `go.opentelemetry.io/otel/bridge/opencensus` is deprecated.  Use `NewMetricProducer` instead. (#3541)
+- The `NewMetricExporter` in `go.opentelemetry.io/otel/bridge/opencensus` is deprecated.
+  Use `NewMetricProducer` instead. (#3541)
 - The `go.opentelemetry.io/otel/metric/instrument/asyncfloat64` package is deprecated.
   Use the instruments from `go.opentelemetry.io/otel/metric/instrument` instead. (#3575)
 - The `go.opentelemetry.io/otel/metric/instrument/asyncint64` package is deprecated.
@@ -128,11 +114,32 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
   Use the instruments from `go.opentelemetry.io/otel/metric/instrument` instead. (#3575)
 - The `go.opentelemetry.io/otel/metric/instrument/syncint64` package is deprecated.
   Use the instruments from `go.opentelemetry.io/otel/metric/instrument` instead. (#3575)
-- The `NewWrappedTracerProvider` in `go.opentelemetry.io/otel/bridge/opentracing` is now deprecated. Use `NewTracerProvider` instead. (#3316)
+- The `NewWrappedTracerProvider` in `go.opentelemetry.io/otel/bridge/opentracing` is now deprecated.
+  Use `NewTracerProvider` instead. (#3116)
 
 ### Removed
 
 - The deprecated `go.opentelemetry.io/otel/sdk/metric/view` package is removed. (#3520)
+- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/asyncint64` is removed.
+  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
+  - The `Counter` method is replaced by `Meter.Int64ObservableCounter`
+  - The `UpDownCounter` method is replaced by `Meter.Int64ObservableUpDownCounter`
+  - The `Gauge` method is replaced by `Meter.Int64ObservableGauge`
+- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/asyncfloat64` is removed.
+  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
+  - The `Counter` method is replaced by `Meter.Float64ObservableCounter`
+  - The `UpDownCounter` method is replaced by `Meter.Float64ObservableUpDownCounter`
+  - The `Gauge` method is replaced by `Meter.Float64ObservableGauge`
+- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/syncint64` is removed.
+  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
+  - The `Counter` method is replaced by `Meter.Int64Counter`
+  - The `UpDownCounter` method is replaced by `Meter.Int64UpDownCounter`
+  - The `Histogram` method is replaced by `Meter.Int64Histogram`
+- The `InstrumentProvider` from `go.opentelemetry.io/otel/sdk/metric/syncfloat64` is removed.
+  Use the new creation methods of the `Meter` in `go.opentelemetry.io/otel/sdk/metric` instead. (#3530)
+  - The `Counter` method is replaced by `Meter.Float64Counter`
+  - The `UpDownCounter` method is replaced by `Meter.Float64UpDownCounter`
+  - The `Histogram` method is replaced by `Meter.Float64Histogram`
 
 ## [1.11.2/0.34.0] 2022-12-05
 
@@ -168,7 +175,6 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 - The `Temporality(view.InstrumentKind) metricdata.Temporality` and `Aggregation(view.InstrumentKind) aggregation.Aggregation` methods are added to the `"go.opentelemetry.io/otel/exporters/otlp/otlpmetric".Client` interface. (#3260)
 - The `WithTemporalitySelector` and `WithAggregationSelector` `ReaderOption`s have been changed to `ManualReaderOption`s in the `go.opentelemetry.io/otel/sdk/metric` package. (#3260)
 - The periodic reader in the `go.opentelemetry.io/otel/sdk/metric` package now uses the temporality and aggregation selectors from its configured exporter instead of accepting them as options. (#3260)
-- Jaeger and Zipkin exporter use `github.com/go-logr/logr` as the logging interface, and add the `WithLogr` option. (#3497, #3500)
 
 ### Fixed
 
@@ -2214,7 +2220,8 @@ It contains api and sdk for trace and meter.
 - CircleCI build CI manifest files.
 - CODEOWNERS file to track owners of this project.
 
-[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/v1.11.2...HEAD
+[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/v1.12.0...HEAD
+[1.12.0/0.35.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.12.0
 [1.11.2/0.34.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.11.2
 [1.11.1/0.33.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.11.1
 [1.11.0/0.32.3]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.11.0
diff --git a/bridge/opencensus/go.mod b/bridge/opencensus/go.mod
index e718783ff38..98030acaaf9 100644
--- a/bridge/opencensus/go.mod
+++ b/bridge/opencensus/go.mod
@@ -5,11 +5,11 @@ go 1.18
 require (
 	github.com/stretchr/testify v1.8.1
 	go.opencensus.io v0.24.0
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/bridge/opencensus/test/go.mod b/bridge/opencensus/test/go.mod
index a00cc156c7f..658866842f3 100644
--- a/bridge/opencensus/test/go.mod
+++ b/bridge/opencensus/test/go.mod
@@ -4,18 +4,18 @@ go 1.18
 
 require (
 	go.opencensus.io v0.24.0
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/bridge/opencensus v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/bridge/opencensus v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
 	github.com/go-logr/logr v1.2.3 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/golang/groupcache v0.0.0-20200121045136-8c9f03a8e57e // indirect
-	go.opentelemetry.io/otel/metric v0.34.0 // indirect
-	go.opentelemetry.io/otel/sdk/metric v0.34.0 // indirect
+	go.opentelemetry.io/otel/metric v0.35.0 // indirect
+	go.opentelemetry.io/otel/sdk/metric v0.35.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 )
 
diff --git a/bridge/opentracing/go.mod b/bridge/opentracing/go.mod
index 77d6bafaf2e..b391c4e0582 100644
--- a/bridge/opentracing/go.mod
+++ b/bridge/opentracing/go.mod
@@ -7,8 +7,8 @@ replace go.opentelemetry.io/otel => ../..
 require (
 	github.com/opentracing/opentracing-go v1.2.0
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/example/fib/go.mod b/example/fib/go.mod
index 4b38edb0a1a..b3b85ff5b20 100644
--- a/example/fib/go.mod
+++ b/example/fib/go.mod
@@ -3,10 +3,10 @@ module go.opentelemetry.io/otel/example/fib
 go 1.18
 
 require (
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/example/jaeger/go.mod b/example/jaeger/go.mod
index 33fc0a881dd..8b6cdf67673 100644
--- a/example/jaeger/go.mod
+++ b/example/jaeger/go.mod
@@ -9,15 +9,15 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/jaeger v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/jaeger v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
 )
 
 require (
 	github.com/go-logr/logr v1.2.3 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 )
 
diff --git a/example/namedtracer/go.mod b/example/namedtracer/go.mod
index a9bd8db480e..d0164e78299 100644
--- a/example/namedtracer/go.mod
+++ b/example/namedtracer/go.mod
@@ -9,10 +9,10 @@ replace (
 
 require (
 	github.com/go-logr/stdr v1.2.2
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/example/opencensus/go.mod b/example/opencensus/go.mod
index 5c8c87d3d4c..f1ae21f4a68 100644
--- a/example/opencensus/go.mod
+++ b/example/opencensus/go.mod
@@ -10,20 +10,20 @@ replace (
 
 require (
 	go.opencensus.io v0.24.0
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/bridge/opencensus v0.34.0
-	go.opentelemetry.io/otel/exporters/stdout/stdoutmetric v0.34.0
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/bridge/opencensus v0.35.0
+	go.opentelemetry.io/otel/exporters/stdout/stdoutmetric v0.35.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 )
 
 require (
 	github.com/go-logr/logr v1.2.3 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/golang/groupcache v0.0.0-20200121045136-8c9f03a8e57e // indirect
-	go.opentelemetry.io/otel/metric v0.34.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/metric v0.35.0 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 )
 
diff --git a/example/otel-collector/go.mod b/example/otel-collector/go.mod
index 6eec4d2aac3..f1c31504405 100644
--- a/example/otel-collector/go.mod
+++ b/example/otel-collector/go.mod
@@ -8,10 +8,10 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 	google.golang.org/grpc v1.52.0
 )
 
@@ -21,8 +21,8 @@ require (
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/golang/protobuf v1.5.2 // indirect
 	github.com/grpc-ecosystem/grpc-gateway/v2 v2.7.0 // indirect
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2 // indirect
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.11.2 // indirect
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0 // indirect
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.12.0 // indirect
 	go.opentelemetry.io/proto/otlp v0.19.0 // indirect
 	golang.org/x/net v0.4.0 // indirect
 	golang.org/x/sys v0.3.0 // indirect
diff --git a/example/passthrough/go.mod b/example/passthrough/go.mod
index 0393f783650..f39d6ede18f 100644
--- a/example/passthrough/go.mod
+++ b/example/passthrough/go.mod
@@ -3,10 +3,10 @@ module go.opentelemetry.io/otel/example/passthrough
 go 1.18
 
 require (
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/example/prometheus/go.mod b/example/prometheus/go.mod
index 1afe8ad9488..b3358f4d70d 100644
--- a/example/prometheus/go.mod
+++ b/example/prometheus/go.mod
@@ -4,10 +4,10 @@ go 1.18
 
 require (
 	github.com/prometheus/client_golang v1.14.0
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/prometheus v0.34.0
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/prometheus v0.35.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 )
 
 require (
@@ -20,8 +20,8 @@ require (
 	github.com/prometheus/client_model v0.3.0 // indirect
 	github.com/prometheus/common v0.37.0 // indirect
 	github.com/prometheus/procfs v0.8.0 // indirect
-	go.opentelemetry.io/otel/sdk v1.11.2 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/sdk v1.12.0 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 	google.golang.org/protobuf v1.28.1 // indirect
 )
diff --git a/example/view/go.mod b/example/view/go.mod
index f6597916ce5..429bb93e29d 100644
--- a/example/view/go.mod
+++ b/example/view/go.mod
@@ -4,11 +4,11 @@ go 1.18
 
 require (
 	github.com/prometheus/client_golang v1.14.0
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/prometheus v0.34.0
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/prometheus v0.35.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 )
 
 require (
@@ -21,7 +21,7 @@ require (
 	github.com/prometheus/client_model v0.3.0 // indirect
 	github.com/prometheus/common v0.37.0 // indirect
 	github.com/prometheus/procfs v0.8.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 	google.golang.org/protobuf v1.28.1 // indirect
 )
diff --git a/example/zipkin/go.mod b/example/zipkin/go.mod
index 98920249907..cdd875484de 100644
--- a/example/zipkin/go.mod
+++ b/example/zipkin/go.mod
@@ -9,10 +9,10 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/zipkin v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/zipkin v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/exporters/jaeger/go.mod b/exporters/jaeger/go.mod
index c1d38fabe1f..65dfcf333c1 100644
--- a/exporters/jaeger/go.mod
+++ b/exporters/jaeger/go.mod
@@ -7,9 +7,9 @@ require (
 	github.com/go-logr/stdr v1.2.2
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/exporters/otlp/otlpmetric/go.mod b/exporters/otlp/otlpmetric/go.mod
index 41db57e65cf..34ab23ec702 100644
--- a/exporters/otlp/otlpmetric/go.mod
+++ b/exporters/otlp/otlpmetric/go.mod
@@ -5,11 +5,11 @@ go 1.18
 require (
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	google.golang.org/grpc v1.52.0
 	google.golang.org/protobuf v1.28.1
@@ -23,7 +23,7 @@ require (
 	github.com/golang/protobuf v1.5.2 // indirect
 	github.com/grpc-ecosystem/grpc-gateway/v2 v2.7.0 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/net v0.4.0 // indirect
 	golang.org/x/sys v0.3.0 // indirect
 	golang.org/x/text v0.5.0 // indirect
diff --git a/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod b/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
index 9094bdc192b..1b674c7dff8 100644
--- a/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
+++ b/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
@@ -6,11 +6,11 @@ retract v0.32.2 // Contains unresolvable dependencies.
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.34.0
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.35.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	google.golang.org/genproto v0.0.0-20221118155620-16455021b5e6
 	google.golang.org/grpc v1.52.0
@@ -26,8 +26,8 @@ require (
 	github.com/google/go-cmp v0.5.9 // indirect
 	github.com/grpc-ecosystem/grpc-gateway/v2 v2.7.0 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/sdk v1.11.2 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/sdk v1.12.0 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/net v0.4.0 // indirect
 	golang.org/x/sys v0.3.0 // indirect
 	golang.org/x/text v0.5.0 // indirect
diff --git a/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod b/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
index 966250f8831..ad12bc8f386 100644
--- a/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
+++ b/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
@@ -6,11 +6,11 @@ retract v0.32.2 // Contains unresolvable dependencies.
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.34.0
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.35.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	google.golang.org/protobuf v1.28.1
 )
@@ -24,8 +24,8 @@ require (
 	github.com/google/go-cmp v0.5.9 // indirect
 	github.com/grpc-ecosystem/grpc-gateway/v2 v2.7.0 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/sdk v1.11.2 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/sdk v1.12.0 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/net v0.4.0 // indirect
 	golang.org/x/sys v0.3.0 // indirect
 	golang.org/x/text v0.5.0 // indirect
diff --git a/exporters/otlp/otlptrace/go.mod b/exporters/otlp/otlptrace/go.mod
index cebb01a92a6..dc38051a262 100644
--- a/exporters/otlp/otlptrace/go.mod
+++ b/exporters/otlp/otlptrace/go.mod
@@ -5,10 +5,10 @@ go 1.18
 require (
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	google.golang.org/grpc v1.52.0
 	google.golang.org/protobuf v1.28.1
diff --git a/exporters/otlp/otlptrace/otlptracegrpc/go.mod b/exporters/otlp/otlptrace/otlptracegrpc/go.mod
index bdca462d9a2..ccc4872e70a 100644
--- a/exporters/otlp/otlptrace/otlptracegrpc/go.mod
+++ b/exporters/otlp/otlptrace/otlptracegrpc/go.mod
@@ -4,10 +4,10 @@ go 1.18
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	go.uber.org/goleak v1.2.0
 	google.golang.org/genproto v0.0.0-20221118155620-16455021b5e6
@@ -23,7 +23,7 @@ require (
 	github.com/golang/protobuf v1.5.2 // indirect
 	github.com/grpc-ecosystem/grpc-gateway/v2 v2.7.0 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/net v0.4.0 // indirect
 	golang.org/x/sys v0.3.0 // indirect
 	golang.org/x/text v0.5.0 // indirect
diff --git a/exporters/otlp/otlptrace/otlptracehttp/go.mod b/exporters/otlp/otlptrace/otlptracehttp/go.mod
index 33a3262c9e7..f1211817442 100644
--- a/exporters/otlp/otlptrace/otlptracehttp/go.mod
+++ b/exporters/otlp/otlptrace/otlptracehttp/go.mod
@@ -4,11 +4,11 @@ go 1.18
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.11.2
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.12.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 	go.opentelemetry.io/proto/otlp v0.19.0
 	google.golang.org/protobuf v1.28.1
 )
diff --git a/exporters/prometheus/go.mod b/exporters/prometheus/go.mod
index 4f592e9aed0..874e5e71c38 100644
--- a/exporters/prometheus/go.mod
+++ b/exporters/prometheus/go.mod
@@ -6,10 +6,10 @@ require (
 	github.com/prometheus/client_golang v1.14.0
 	github.com/prometheus/client_model v0.3.0
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 	google.golang.org/protobuf v1.28.1
 )
 
@@ -24,7 +24,7 @@ require (
 	github.com/pmezard/go-difflib v1.0.0 // indirect
 	github.com/prometheus/common v0.37.0 // indirect
 	github.com/prometheus/procfs v0.8.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 	gopkg.in/yaml.v3 v3.0.1 // indirect
 )
diff --git a/exporters/stdout/stdoutmetric/go.mod b/exporters/stdout/stdoutmetric/go.mod
index 3d9fddd6e48..88717fb73fc 100644
--- a/exporters/stdout/stdoutmetric/go.mod
+++ b/exporters/stdout/stdoutmetric/go.mod
@@ -4,10 +4,10 @@ go 1.18
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/sdk/metric v0.34.0
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/sdk/metric v0.35.0
 )
 
 require (
@@ -15,7 +15,7 @@ require (
 	github.com/go-logr/logr v1.2.3 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 	gopkg.in/yaml.v3 v3.0.1 // indirect
 )
diff --git a/exporters/stdout/stdouttrace/go.mod b/exporters/stdout/stdouttrace/go.mod
index aa854f5909f..2e56f0b30b7 100644
--- a/exporters/stdout/stdouttrace/go.mod
+++ b/exporters/stdout/stdouttrace/go.mod
@@ -9,9 +9,9 @@ replace (
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/exporters/zipkin/go.mod b/exporters/zipkin/go.mod
index 3cc8e8aa89c..7cec932c27c 100644
--- a/exporters/zipkin/go.mod
+++ b/exporters/zipkin/go.mod
@@ -8,9 +8,9 @@ require (
 	github.com/google/go-cmp v0.5.9
 	github.com/openzipkin/zipkin-go v0.4.1
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/sdk v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/sdk v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/go.mod b/go.mod
index 767ce13fe78..44ef8ab3610 100644
--- a/go.mod
+++ b/go.mod
@@ -7,7 +7,7 @@ require (
 	github.com/go-logr/stdr v1.2.2
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel/trace v1.12.0
 )
 
 require (
diff --git a/metric/go.mod b/metric/go.mod
index 867f4c1b6d4..cc9784f56fa 100644
--- a/metric/go.mod
+++ b/metric/go.mod
@@ -4,7 +4,7 @@ go 1.18
 
 require (
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
+	go.opentelemetry.io/otel v1.12.0
 )
 
 require (
@@ -12,7 +12,7 @@ require (
 	github.com/go-logr/logr v1.2.3 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	gopkg.in/yaml.v3 v3.0.1 // indirect
 )
 
diff --git a/sdk/go.mod b/sdk/go.mod
index a0a6068ee9c..2768c831c94 100644
--- a/sdk/go.mod
+++ b/sdk/go.mod
@@ -8,8 +8,8 @@ require (
 	github.com/go-logr/logr v1.2.3
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/trace v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/trace v1.12.0
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8
 )
 
diff --git a/sdk/metric/go.mod b/sdk/metric/go.mod
index 25aede72907..1a2a5784f2a 100644
--- a/sdk/metric/go.mod
+++ b/sdk/metric/go.mod
@@ -5,16 +5,16 @@ go 1.18
 require (
 	github.com/go-logr/logr v1.2.3
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
-	go.opentelemetry.io/otel/metric v0.34.0
-	go.opentelemetry.io/otel/sdk v1.11.2
+	go.opentelemetry.io/otel v1.12.0
+	go.opentelemetry.io/otel/metric v0.35.0
+	go.opentelemetry.io/otel/sdk v1.12.0
 )
 
 require (
 	github.com/davecgh/go-spew v1.1.1 // indirect
 	github.com/go-logr/stdr v1.2.2 // indirect
 	github.com/pmezard/go-difflib v1.0.0 // indirect
-	go.opentelemetry.io/otel/trace v1.11.2 // indirect
+	go.opentelemetry.io/otel/trace v1.12.0 // indirect
 	golang.org/x/sys v0.0.0-20220919091848-fb04ddd9f9c8 // indirect
 	gopkg.in/yaml.v3 v3.0.1 // indirect
 )
diff --git a/trace/go.mod b/trace/go.mod
index 2befdee4c61..b85198bb4ae 100644
--- a/trace/go.mod
+++ b/trace/go.mod
@@ -7,7 +7,7 @@ replace go.opentelemetry.io/otel => ../
 require (
 	github.com/google/go-cmp v0.5.9
 	github.com/stretchr/testify v1.8.1
-	go.opentelemetry.io/otel v1.11.2
+	go.opentelemetry.io/otel v1.12.0
 )
 
 require (
diff --git a/version.go b/version.go
index 00b79bcc25c..bda8f7cbfae 100644
--- a/version.go
+++ b/version.go
@@ -16,5 +16,5 @@ package otel // import "go.opentelemetry.io/otel"
 
 // Version is the current release version of OpenTelemetry in use.
 func Version() string {
-	return "1.11.2"
+	return "1.12.0"
 }
diff --git a/versions.yaml b/versions.yaml
index 611879def4f..66f45622215 100644
--- a/versions.yaml
+++ b/versions.yaml
@@ -14,7 +14,7 @@
 
 module-sets:
   stable-v1:
-    version: v1.11.2
+    version: v1.12.0
     modules:
       - go.opentelemetry.io/otel
       - go.opentelemetry.io/otel/bridge/opentracing
@@ -34,7 +34,7 @@ module-sets:
       - go.opentelemetry.io/otel/trace
       - go.opentelemetry.io/otel/sdk
   experimental-metrics:
-    version: v0.34.0
+    version: v0.35.0
     modules:
       - go.opentelemetry.io/otel/example/opencensus
       - go.opentelemetry.io/otel/example/prometheus