diff --git a/sdk/storage/azure-storage-blobs/CHANGELOG.md b/sdk/storage/azure-storage-blobs/CHANGELOG.md
index b10ee4da8..ecaf1a873 100644
--- a/sdk/storage/azure-storage-blobs/CHANGELOG.md
+++ b/sdk/storage/azure-storage-blobs/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.5.0-beta.3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.5.0-beta.2 (2022-07-07)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
index 8f7799e9e..7b4f6ff65 100644
--- a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
@@ -11,7 +11,7 @@
 #define AZURE_STORAGE_BLOBS_VERSION_MAJOR 12
 #define AZURE_STORAGE_BLOBS_VERSION_MINOR 5
 #define AZURE_STORAGE_BLOBS_VERSION_PATCH 0
-#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE "beta.2"
+#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE "beta.3"
 
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA(i) AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i)