diff --git a/CHANGELOG.txt b/CHANGELOG.txt
index 8f756f2c..40e30be7 100644
--- a/CHANGELOG.txt
+++ b/CHANGELOG.txt
@@ -1,3 +1,9 @@
+3.8.1 (2024-03-22)
+------------------
+
+* Fixes a regression in 3.8.0 affecting nested task cancellation inside
+  sync_to_async.
+
 3.8.0 (2024-03-20)
 ------------------
 
diff --git a/asgiref/__init__.py b/asgiref/__init__.py
index 32a78190..e4e78c0b 100644
--- a/asgiref/__init__.py
+++ b/asgiref/__init__.py
@@ -1 +1 @@
-__version__ = "3.8.0"
+__version__ = "3.8.1"