diff --git a/tokio-util/CHANGELOG.md b/tokio-util/CHANGELOG.md
index 96a453743..80722ddd7 100644
--- a/tokio-util/CHANGELOG.md
+++ b/tokio-util/CHANGELOG.md
@@ -1,3 +1,25 @@
+# 0.7.1 (February 21, 2022)
+
+### Added
+
+- codec: add `length_field_type` to `LengthDelimitedCodec` builder ([#4508])
+- io: add `StreamReader::into_inner_with_chunk()` ([#4559])
+
+### Changed
+
+- switch from log to tracing ([#4539])
+
+### Fixed
+
+- sync: fix waker update condition in `CancellationToken` ([#4497])
+- bumped tokio dependency to 1.6 to satisfy minimum requirements ([#4490])
+
+[#4490]: https://github.com/tokio-rs/tokio/pull/4490
+[#4497]: https://github.com/tokio-rs/tokio/pull/4497
+[#4508]: https://github.com/tokio-rs/tokio/pull/4508
+[#4539]: https://github.com/tokio-rs/tokio/pull/4539
+[#4559]: https://github.com/tokio-rs/tokio/pull/4559
+
 # 0.7.0 (February 9, 2022)
 
 ### Added
diff --git a/tokio-util/Cargo.toml b/tokio-util/Cargo.toml
index 70b988371..252f90a8d 100644
--- a/tokio-util/Cargo.toml
+++ b/tokio-util/Cargo.toml
@@ -4,7 +4,7 @@ name = "tokio-util"
 # - Remove path dependencies
 # - Update CHANGELOG.md.
 # - Create "tokio-util-0.7.x" git tag.
-version = "0.7.0"
+version = "0.7.1"
 edition = "2018"
 rust-version = "1.49"
 authors = ["Tokio Contributors <team@tokio.rs>"]