diff --git a/CHANGELOG.md b/CHANGELOG.md
index f85d657d31..a0d2f5ae77 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## 2.3.1
+
+### Various fixes & improvements
+
+- Handle also byte arras as strings (#3101) by @antonpirker
+- Do not crash exceptiongroup (by patching excepthook and keeping the name of the function) (#3099) by @antonpirker
+
 ## 2.3.0
 
 ### Various fixes & improvements
diff --git a/docs/conf.py b/docs/conf.py
index 4fb97bb48a..97310753d3 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -28,7 +28,7 @@
 copyright = "2019-{}, Sentry Team and Contributors".format(datetime.now().year)
 author = "Sentry Team and Contributors"
 
-release = "2.3.0"
+release = "2.3.1"
 version = ".".join(release.split(".")[:2])  # The short X.Y version.
 
 
diff --git a/sentry_sdk/consts.py b/sentry_sdk/consts.py
index 5a68a47434..946b3b4558 100644
--- a/sentry_sdk/consts.py
+++ b/sentry_sdk/consts.py
@@ -508,4 +508,4 @@ def _get_default_options():
 del _get_default_options
 
 
-VERSION = "2.3.0"
+VERSION = "2.3.1"
diff --git a/setup.py b/setup.py
index ca0a14b674..99d2ce6c26 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@ def get_file_text(file_name):
 
 setup(
     name="sentry-sdk",
-    version="2.3.0",
+    version="2.3.1",
     author="Sentry Team and Contributors",
     author_email="hello@sentry.io",
     url="https://github.com/getsentry/sentry-python",