diff --git a/devel/py-opentelemetry-sdk/Makefile b/devel/py-opentelemetry-sdk/Makefile
index 7501fb92d057..497f8f5a9724 100644
--- a/devel/py-opentelemetry-sdk/Makefile
+++ b/devel/py-opentelemetry-sdk/Makefile
@@ -1,27 +1,27 @@
 PORTNAME=	opentelemetry-sdk
-PORTVERSION=	1.37.0
+PORTVERSION=	1.38.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 DISTNAME=	opentelemetry_sdk-${PORTVERSION}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	OpenTelemetry Python SDK
 WWW=		https://github.com/open-telemetry/opentelemetry-python/tree/main/opentelemetry-sdk \
 		https://github.com/open-telemetry/opentelemetry-python \
 		https://opentelemetry.io/
 
 LICENSE=	APACHE20
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}hatchling>=0:devel/py-hatchling@${PY_FLAVOR}
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}opentelemetry-api>=${PORTVERSION}<${PORTVERSION}_99:devel/py-opentelemetry-api@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}opentelemetry-semantic-conventions>=0.58b${PORTVERSION:E}<0.58b${PORTVERSION:E}_99:devel/py-opentelemetry-semantic-conventions@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}opentelemetry-semantic-conventions>=0.59b${PORTVERSION:E}<0.59b${PORTVERSION:E}_99:devel/py-opentelemetry-semantic-conventions@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.5.0:devel/py-typing-extensions@${PY_FLAVOR}
 
 USES=		python
 USE_PYTHON=	autoplist concurrent pep517
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/py-opentelemetry-sdk/distinfo b/devel/py-opentelemetry-sdk/distinfo
index 5a66791afc5d..6bb3a57bbd62 100644
--- a/devel/py-opentelemetry-sdk/distinfo
+++ b/devel/py-opentelemetry-sdk/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1759324134
-SHA256 (opentelemetry_sdk-1.37.0.tar.gz) = cc8e089c10953ded765b5ab5669b198bbe0af1b3f89f1007d19acd32dc46dda5
-SIZE (opentelemetry_sdk-1.37.0.tar.gz) = 170404
+TIMESTAMP = 1761446654
+SHA256 (opentelemetry_sdk-1.38.0.tar.gz) = 93df5d4d871ed09cb4272305be4d996236eedb232253e3ab864c8620f051cebe
+SIZE (opentelemetry_sdk-1.38.0.tar.gz) = 171942