diff --git a/Cargo.lock b/Cargo.lock
index 25b3914bdd..59451f7ebe 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -6000,7 +6000,7 @@ dependencies = [
 
 [[package]]
 name = "zcash_primitives"
-version = "0.16.0"
+version = "0.17.0"
 dependencies = [
  "aes",
  "assert_matches",
diff --git a/Cargo.toml b/Cargo.toml
index a3942b66de..4a4fbd732c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -40,7 +40,7 @@ zcash_protocol = { version = "0.3", path = "components/zcash_protocol" }
 zip321 = { version = "0.1", path = "components/zip321" }
 
 zcash_note_encryption = "0.4"
-zcash_primitives = { version = "0.16", path = "zcash_primitives", default-features = false }
+zcash_primitives = { version = "0.17", path = "zcash_primitives", default-features = false }
 zcash_proofs = { version = "0.16", path = "zcash_proofs", default-features = false }
 
 # Shielded protocols
diff --git a/zcash_primitives/CHANGELOG.md b/zcash_primitives/CHANGELOG.md
index 379ca3f668..0eff56ecb7 100644
--- a/zcash_primitives/CHANGELOG.md
+++ b/zcash_primitives/CHANGELOG.md
@@ -7,6 +7,11 @@ and this library adheres to Rust's notion of
 
 ## [Unreleased]
 
+## [0.17.0] - 2024-08-26
+
+### Changed
+- Update dependencies to `zcash_protocol 0.3.0`, `zcash_address 0.5.0`
+
 ## [0.16.0] - 2024-08-19
 
 ### Added
diff --git a/zcash_primitives/Cargo.toml b/zcash_primitives/Cargo.toml
index bb015b0741..c59f186b4e 100644
--- a/zcash_primitives/Cargo.toml
+++ b/zcash_primitives/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "zcash_primitives"
 description = "Rust implementations of the Zcash primitives"
-version = "0.16.0"
+version = "0.17.0"
 authors = [
     "Jack Grigg <jack@z.cash>",
     "Kris Nuttycombe <kris@electriccoin.co>"