diff --git a/Formula/i/ipfs.rb b/Formula/i/ipfs.rb
index 64cc1f3e6514..4fa00821bf8b 100644
--- a/Formula/i/ipfs.rb
+++ b/Formula/i/ipfs.rb
@@ -1,8 +1,8 @@
 class Ipfs < Formula
   desc "Peer-to-peer hypermedia protocol"
   homepage "https://docs.ipfs.tech/how-to/command-line-quick-start/"
-  url "https://github.com/ipfs/kubo/archive/refs/tags/v0.37.0.tar.gz"
-  sha256 "f5b23c8f55f356993f936a310576f89a3cb4c66f4eb0cc68c41131869acf1495"
+  url "https://github.com/ipfs/kubo/archive/refs/tags/v0.38.0.tar.gz"
+  sha256 "01ecdf041a62e08297982523bfe0792e7d7024dc720b406c2a934d3b097b9781"
   license all_of: [
     "MIT",
     any_of: ["MIT", "Apache-2.0"],
@@ -15,14 +15,12 @@ class Ipfs < Formula
   end
 
   bottle do
-    sha256 cellar: :any_skip_relocation, arm64_tahoe:   "50e2bedd1131db64a48ec4d53d084c1b0d50e04a16ede5be3627151399a7dd05"
-    sha256 cellar: :any_skip_relocation, arm64_sequoia: "98afd2b09b16f4b9140d10864f195d6edd14354ceea09b9085f3d3974b945ffd"
-    sha256 cellar: :any_skip_relocation, arm64_sonoma:  "9b865ec1e28f9bb7a7a8907f68cb18f15fd3f51105eb8bcb150b285dc484c457"
-    sha256 cellar: :any_skip_relocation, arm64_ventura: "0e9ead66ba829901299cc65635dd1065f633a90c9b241b2de9973ddea1001d4d"
-    sha256 cellar: :any_skip_relocation, sonoma:        "24d50ac2fd715d558e744de85404bf13e400035edbececa613039ff90332f3ed"
-    sha256 cellar: :any_skip_relocation, ventura:       "dffd7a012f863db3c8c87a34b27e7caef0299927cd50d44fe008465ab01bab8a"
-    sha256 cellar: :any_skip_relocation, arm64_linux:   "170dc727a32d2fb5339489fa8b53fd6fe766c4793697c367a0c7327dbe67188c"
-    sha256 cellar: :any_skip_relocation, x86_64_linux:  "233a63cfd4332289986dd8a5b8fbef3652d90b4718c30269c27545a3b542ae62"
+    sha256 cellar: :any_skip_relocation, arm64_tahoe:   "2f9f1d356999b5417560e257a69fec27cb1850b1d99c2932ee546060f5645a11"
+    sha256 cellar: :any_skip_relocation, arm64_sequoia: "a6c9e043b45c143b0c0ece15ea5989dc812168143b7e0a8e27c026d70ee05705"
+    sha256 cellar: :any_skip_relocation, arm64_sonoma:  "77e5850097be11e038cbdce6357ac502cc58f3431fed4b8d6ff44eb395e41f30"
+    sha256 cellar: :any_skip_relocation, sonoma:        "63849314073e297c7351424d9a429f5eab091c3ead430b6d1cd8de324edc95ef"
+    sha256 cellar: :any_skip_relocation, arm64_linux:   "8f4d8eba11f868498666bc895b82691debbc9f50208037232d70ebb7478f9c38"
+    sha256 cellar: :any_skip_relocation, x86_64_linux:  "b43e0e162c340d26d3ae8b979ae0ddb066254b0ae5fa927a57e9f1e5367a49c7"
   end
 
   depends_on "go" => :build