diff --git a/gitops/argocd/charts/opentelemetry/opentelemetry-operator/Chart.yaml b/gitops/argocd/charts/opentelemetry/opentelemetry-operator/Chart.yaml
index af43e19d6c..d3b2aae479 100644
--- a/gitops/argocd/charts/opentelemetry/opentelemetry-operator/Chart.yaml
+++ b/gitops/argocd/charts/opentelemetry/opentelemetry-operator/Chart.yaml
@@ -23,4 +23,4 @@ appVersion: 1.0.0
 dependencies:
 - name: opentelemetry-operator
   repository: https://open-telemetry.github.io/opentelemetry-helm-charts
-  version: 0.37.0
+  version: 0.46.0