diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index a803cb2ae..66195ec58 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -23,7 +23,7 @@ spock = "2.3-groovy-4.0"
 
 micronaut-discovery = "4.0.0-M3"
 micronaut-reactor = "3.0.0-M7"
-micronaut-tracing = "5.0.0-M4"
+micronaut-tracing = "5.0.0-M5"
 micronaut-tracing-legacy = "3.2.7"
 micronaut-validation = "4.0.0-M10"