diff --git a/CHANGELOG.md b/CHANGELOG.md
index 923f74828e80..3663f7721bfa 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -29,6 +29,20 @@
 
 ### Added
 
+### Changed
+
+### Removed
+
+### Fixed
+
+## Forest v0.32.1 "Malfoy"
+
+This is a non-mandatory release for all node operators. It sets F3 initial power table on calibnet for late F3 participation and F3 data verification scenarios. It also includes new V2 RPC methods, a few bug fixes and `lotus-gateway` compatibility fixes.
+
+### Breaking
+
+### Added
+
 - [#6590](https://github.com/ChainSafe/forest/pull/6590): Set F3 `InitialPowerTable` on calibnet.
 
 - [#6524](https://github.com/ChainSafe/forest/pull/6524): Implemented `Filecoin.EthSendRawTransactionUntrusted` for API v2.
diff --git a/Cargo.lock b/Cargo.lock
index 359561f5c79a..6ecf23fd4bb2 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3224,7 +3224,7 @@ checksum = "77ce24cb58228fbb8aa041425bb1050850ac19177686ea6e0f41a70416f56fdb"
 
 [[package]]
 name = "forest-filecoin"
-version = "0.32.0"
+version = "0.32.1"
 dependencies = [
  "ahash",
  "anes 0.2.1",
diff --git a/Cargo.toml b/Cargo.toml
index 3cd408149639..17f59ab4135f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "forest-filecoin"
-version = "0.32.0"
+version = "0.32.1"
 authors = ["ChainSafe Systems <info@chainsafe.io>"]
 repository = "https://github.com/ChainSafe/forest"
 edition = "2024"
diff --git a/src/rpc/snapshots/forest__rpc__tests__rpc__v0.snap b/src/rpc/snapshots/forest__rpc__tests__rpc__v0.snap
index 39b8265de462..9eb00b455480 100644
--- a/src/rpc/snapshots/forest__rpc__tests__rpc__v0.snap
+++ b/src/rpc/snapshots/forest__rpc__tests__rpc__v0.snap
@@ -5,7 +5,7 @@ expression: spec
 openrpc: 1.3.2
 info:
   title: forest
-  version: 0.32.0
+  version: 0.32.1
 methods:
   - name: Filecoin.AuthNew
     params:
diff --git a/src/rpc/snapshots/forest__rpc__tests__rpc__v1.snap b/src/rpc/snapshots/forest__rpc__tests__rpc__v1.snap
index 0c670264f24c..2cb6025bcf52 100644
--- a/src/rpc/snapshots/forest__rpc__tests__rpc__v1.snap
+++ b/src/rpc/snapshots/forest__rpc__tests__rpc__v1.snap
@@ -5,7 +5,7 @@ expression: spec
 openrpc: 1.3.2
 info:
   title: forest
-  version: 0.32.0
+  version: 0.32.1
 methods:
   - name: Filecoin.AuthNew
     params:
diff --git a/src/rpc/snapshots/forest__rpc__tests__rpc__v2.snap b/src/rpc/snapshots/forest__rpc__tests__rpc__v2.snap
index f673433c83b1..2f602208d0d8 100644
--- a/src/rpc/snapshots/forest__rpc__tests__rpc__v2.snap
+++ b/src/rpc/snapshots/forest__rpc__tests__rpc__v2.snap
@@ -5,7 +5,7 @@ expression: spec
 openrpc: 1.3.2
 info:
   title: forest
-  version: 0.32.0
+  version: 0.32.1
 methods:
   - name: Filecoin.ChainGetTipSet
     description: Returns the tipset with the specified CID.