diff --git a/package.json b/package.json
index f4f61b2dd6..49c262f0c7 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "root",
-  "version": "85.0.0",
+  "version": "86.0.0",
   "private": true,
   "repository": {
     "type": "git",
diff --git a/packages/snaps-utils/CHANGELOG.md b/packages/snaps-utils/CHANGELOG.md
index 7587eaf1c3..465b47a867 100644
--- a/packages/snaps-utils/CHANGELOG.md
+++ b/packages/snaps-utils/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [8.9.1]
+
+### Fixed
+
+- Correct validation for scopes on `endowment:assets` permission ([#3039](https://github.com/MetaMask/snaps/pull/3039))
+
 ## [8.9.0]
 
 ### Added
@@ -522,7 +528,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
   - The version of the package no longer needs to match the version of all other
     MetaMask Snaps packages.
 
-[Unreleased]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.9.0...HEAD
+[Unreleased]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.9.1...HEAD
+[8.9.1]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.9.0...@metamask/snaps-utils@8.9.1
 [8.9.0]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.8.0...@metamask/snaps-utils@8.9.0
 [8.8.0]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.7.0...@metamask/snaps-utils@8.8.0
 [8.7.0]: https://github.com/MetaMask/snaps/compare/@metamask/snaps-utils@8.6.1...@metamask/snaps-utils@8.7.0
diff --git a/packages/snaps-utils/package.json b/packages/snaps-utils/package.json
index 652562ff40..06b1704571 100644
--- a/packages/snaps-utils/package.json
+++ b/packages/snaps-utils/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/snaps-utils",
-  "version": "8.9.0",
+  "version": "8.9.1",
   "description": "A collection of utilities for MetaMask Snaps",
   "keywords": [
     "MetaMask",