diff --git a/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md b/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
index 9c6f6a521016..235820ac94d0 100644
--- a/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
+++ b/sdk/monitor/azure-monitor-opentelemetry/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Release History
 
-## 1.8.6 (Unreleased)
+## 1.8.6 (2026-02-05)
 
 ### Features Added
 
@@ -8,11 +8,10 @@
   ([#44902](https://github.com/Azure/azure-sdk-for-python/pull/44902))
 
 ### Breaking Changes
+
 - The default sampling behavior has been changed from ApplicationInsightsSampler with 100% sampling (all traces sampled) to RateLimitedSampler with 5.0 traces per second. This change significantly reduces telemetry volume for high-traffic applications and provides better cost optimization out of the box. Impact: Applications with more than 5 requests per second will see fewer traces exported by default.
   ([#44925](https://github.com/Azure/azure-sdk-for-python/pull/44925))
 
-### Bugs Fixed
-
 ### Other Changes
 - Add missing copyright headers and ensure consistent formatting across files.
 
diff --git a/sdk/monitor/azure-monitor-opentelemetry/setup.py b/sdk/monitor/azure-monitor-opentelemetry/setup.py
index feceed9bedbf..13494f9ec99f 100644
--- a/sdk/monitor/azure-monitor-opentelemetry/setup.py
+++ b/sdk/monitor/azure-monitor-opentelemetry/setup.py
@@ -84,7 +84,7 @@
     install_requires=[
         "azure-core<2.0.0,>=1.28.0",
         "azure-core-tracing-opentelemetry~=1.0.0b11",
-        "azure-monitor-opentelemetry-exporter~=1.0.0b46",
+        "azure-monitor-opentelemetry-exporter~=1.0.0b47",
         "opentelemetry-sdk==1.39",
         "opentelemetry-instrumentation-django==0.60b0",
         "opentelemetry-instrumentation-fastapi==0.60b0",