diff --git a/beacon-chain/db/kv/BUILD.bazel b/beacon-chain/db/kv/BUILD.bazel
index 41560e0e44bf..a1995e31e47f 100644
--- a/beacon-chain/db/kv/BUILD.bazel
+++ b/beacon-chain/db/kv/BUILD.bazel
@@ -20,6 +20,7 @@ go_library(
         "migration.go",
         "migration_archived_index.go",
         "migration_block_slot_index.go",
+        "migration_finalized_parent.go",
         "migration_state_validators.go",
         "schema.go",
         "state.go",
diff --git a/beacon-chain/db/kv/migration.go b/beacon-chain/db/kv/migration.go
index 70c485d2c9de..4bf2ad92299c 100644
--- a/beacon-chain/db/kv/migration.go
+++ b/beacon-chain/db/kv/migration.go
@@ -14,6 +14,7 @@ var migrations = []migration{
 	migrateArchivedIndex,
 	migrateBlockSlotIndex,
 	migrateStateValidators,
+	migrateFinalizedParent,
 }
 
 // RunMigrations defined in the migrations array.
diff --git a/beacon-chain/db/kv/migration_finalized_parent.go b/beacon-chain/db/kv/migration_finalized_parent.go
new file mode 100644
index 000000000000..dc58dde40b16
--- /dev/null
+++ b/beacon-chain/db/kv/migration_finalized_parent.go
@@ -0,0 +1,88 @@
+package kv
+
+import (
+	"bytes"
+	"context"
+	"fmt"
+
+	"github.com/pkg/errors"
+	"github.com/prysmaticlabs/prysm/v5/config/params"
+	"github.com/prysmaticlabs/prysm/v5/consensus-types/primitives"
+	ethpb "github.com/prysmaticlabs/prysm/v5/proto/prysm/v1alpha1"
+	bolt "go.etcd.io/bbolt"
+)
+
+var migrationFinalizedParent = []byte("parent_bug_32fb183")
+
+func migrateFinalizedParent(ctx context.Context, db *bolt.DB) error {
+	if updateErr := db.Update(func(tx *bolt.Tx) error {
+		mb := tx.Bucket(migrationsBucket)
+		if b := mb.Get(migrationFinalizedParent); bytes.Equal(b, migrationCompleted) {
+			return nil // Migration already completed.
+		}
+
+		bkt := tx.Bucket(finalizedBlockRootsIndexBucket)
+		if bkt == nil {
+			return fmt.Errorf("unable to read %s bucket for migration", finalizedBlockRootsIndexBucket)
+		}
+		bb := tx.Bucket(blocksBucket)
+		if bb == nil {
+			return fmt.Errorf("unable to read %s bucket for migration", blocksBucket)
+		}
+
+		c := bkt.Cursor()
+		var skipped primitives.Slot
+		foundBuggedIdx := false
+		maxBugSearch := params.BeaconConfig().SlotsPerEpoch * 100
+		for k, v := c.Last(); k != nil; k, v = c.Prev() {
+			// check if context is cancelled in between
+			if ctx.Err() != nil {
+				return ctx.Err()
+			}
+
+			idxEntry := &ethpb.FinalizedBlockRootContainer{}
+			if err := decode(ctx, v, idxEntry); err != nil {
+				return errors.Wrapf(err, "unable to decode finalized block root container for root=%#x", k)
+			}
+			// Not one of the corrupt values
+			if !bytes.Equal(idxEntry.ParentRoot, k) {
+				skipped += 1
+				if !foundBuggedIdx && skipped > maxBugSearch {
+					break
+				}
+				continue
+			}
+			foundBuggedIdx = true
+			log.WithField("root", fmt.Sprintf("%#x", k)).Debug("found index entry with incorrect parent root")
+
+			// Look up full block to get the correct parent root.
+			encBlk := bb.Get(k)
+			if encBlk == nil {
+				return errors.Wrapf(ErrNotFound, "could not find block for corrupt finalized index entry %#x", k)
+			}
+			blk, err := unmarshalBlock(ctx, encBlk)
+			if err != nil {
+				return errors.Wrapf(err, "unable to decode block for root=%#x", k)
+			}
+			// Replace parent root in the index with the correct value and write it back.
+			pr := blk.Block().ParentRoot()
+			idxEntry.ParentRoot = pr[:]
+			idxEnc, err := encode(ctx, idxEntry)
+			if err != nil {
+				return errors.Wrapf(err, "failed to encode finalized index entry for root=%#x", k)
+			}
+			if err := bkt.Put(k, idxEnc); err != nil {
+				return errors.Wrapf(err, "failed to update finalized index entry for root=%#x", k)
+			}
+			log.WithField("root", fmt.Sprintf("%#x", k)).
+				WithField("parentRoot", fmt.Sprintf("%#x", idxEntry.ParentRoot)).
+				Debug("updated corrupt index entry with correct parent")
+		}
+		// Mark migration complete.
+		return mb.Put(migrationFinalizedParent, migrationCompleted)
+	}); updateErr != nil {
+		log.WithError(updateErr).Errorf("could not run finalized parent root index repair migration")
+		return updateErr
+	}
+	return nil
+}