diff --git a/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md b/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
index 3ab200b0189..c76bdf39158 100644
--- a/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
+++ b/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
@@ -4,6 +4,9 @@
 
 ### Features Added
 
+- Update to latest OpenTelemetry version after instrumentation breaking change fix. Remove Python 3.8 support.
+    ([#42247](https://github.com/Azure/azure-sdk-for-python/pull/42247))
+
 ### Breaking Changes
 
 ### Bugs Fixed
diff --git a/sdk/monitor/azure-monitor-opentelemetry/setup.py b/sdk/monitor/azure-monitor-opentelemetry/setup.py
index 6455ece8044..a37c6521ae7 100644
--- a/sdk/monitor/azure-monitor-opentelemetry/setup.py
+++ b/sdk/monitor/azure-monitor-opentelemetry/setup.py
@@ -58,7 +58,6 @@
         "Intended Audience :: Developers",
         "Programming Language :: Python",
         "Programming Language :: Python :: 3",
-        "Programming Language :: Python :: 3.8",
         "Programming Language :: Python :: 3.9",
         "Programming Language :: Python :: 3.10",
         "Programming Language :: Python :: 3.11",
@@ -84,16 +83,15 @@
         "azure-core<2.0.0,>=1.28.0",
         "azure-core-tracing-opentelemetry~=1.0.0b11",
         "azure-monitor-opentelemetry-exporter~=1.0.0b40",
-        # TODO: Unpin once breaking change in 1.32.0/0.53b0 is resolved.
-        "opentelemetry-instrumentation-django<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-fastapi<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-flask<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-psycopg2<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-requests<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-urllib<0.53b0,>=0.49b0",
-        "opentelemetry-instrumentation-urllib3<0.53b0,>=0.49b0",
-        "opentelemetry-resource-detector-azure~=0.1.4",
-        "opentelemetry-sdk<1.32,>=1.28.0",
+        "opentelemetry-instrumentation-django~=0.57b0",
+        "opentelemetry-instrumentation-fastapi~=0.57b0",
+        "opentelemetry-instrumentation-flask~=0.57b0",
+        "opentelemetry-instrumentation-psycopg2~=0.57b0",
+        "opentelemetry-instrumentation-requests~=0.57b0",
+        "opentelemetry-instrumentation-urllib~=0.57b0",
+        "opentelemetry-instrumentation-urllib3~=0.57b0",
+        "opentelemetry-resource-detector-azure~=0.1.5",
+        "opentelemetry-sdk~=1.36.0",
     ],
     entry_points={
         "opentelemetry_distro": [