diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 91d2a2f50..93dfbbeef 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,6 +1,6 @@
 {
   "packages/nest": "0.1.5-experimental",
-  "packages/react": "0.3.4",
+  "packages/react": "0.4.0",
   "packages/client": "1.1.0",
   "packages/server": "1.14.0",
   "packages/shared": "1.2.0"
diff --git a/packages/react/CHANGELOG.md b/packages/react/CHANGELOG.md
index 7b1b307cc..0992fa10d 100644
--- a/packages/react/CHANGELOG.md
+++ b/packages/react/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [0.4.0](https://github.com/open-feature/js-sdk/compare/react-sdk-v0.3.4...react-sdk-v0.4.0) (2024-05-13)
+
+
+### ⚠ BREAKING CHANGES
+
+* disable suspense by default, add suspense hooks ([#940](https://github.com/open-feature/js-sdk/issues/940))
+
+### ✨ New Features
+
+* disable suspense by default, add suspense hooks ([#940](https://github.com/open-feature/js-sdk/issues/940)) ([6bcef89](https://github.com/open-feature/js-sdk/commit/6bcef8977d0134c131af259dc0190a296e790382))
+* set context during provider init on web ([#919](https://github.com/open-feature/js-sdk/issues/919)) ([7e6c1c6](https://github.com/open-feature/js-sdk/commit/7e6c1c6e7082e75535bf81b4e70c8c57ef870b77))
+
 ## [0.3.4](https://github.com/open-feature/js-sdk/compare/react-sdk-v0.3.3...react-sdk-v0.3.4) (2024-05-01)
 
 
diff --git a/packages/react/README.md b/packages/react/README.md
index cc11d8c2c..f8e6f9f30 100644
--- a/packages/react/README.md
+++ b/packages/react/README.md
@@ -16,8 +16,8 @@
     <img alt="Specification" src="https://img.shields.io/static/v1?label=specification&message=v0.8.0&color=yellow&style=for-the-badge" />
   </a>
   <!-- x-release-please-start-version -->
-  <a href="https://github.com/open-feature/js-sdk/releases/tag/react-sdk-v0.3.4">
-    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v0.3.4&color=blue&style=for-the-badge" />
+  <a href="https://github.com/open-feature/js-sdk/releases/tag/react-sdk-v0.4.0">
+    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v0.4.0&color=blue&style=for-the-badge" />
   </a>
   <!-- x-release-please-end -->
   <br/>
diff --git a/packages/react/package.json b/packages/react/package.json
index c05ebacdd..d5ccc6974 100644
--- a/packages/react/package.json
+++ b/packages/react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@openfeature/react-sdk",
-  "version": "0.3.4",
+  "version": "0.4.0",
   "description": "OpenFeature React SDK",
   "main": "./dist/cjs/index.js",
   "files": [