diff --git a/CHANGELOG.md b/CHANGELOG.md
index 28af8e3187..b21e44fd11 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,24 @@
+Changes in [3.97.0](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.97.0) (2024-04-09)
+=====================================================================================================
+## ✨ Features
+
+* Mark all threads as read button ([#12378](https://github.com/matrix-org/matrix-react-sdk/pull/12378)). Contributed by @dbkr.
+* Video call meta space ([#12297](https://github.com/matrix-org/matrix-react-sdk/pull/12297)). Contributed by @toger5.
+* Add leave room warning for last admin ([#9452](https://github.com/matrix-org/matrix-react-sdk/pull/9452)). Contributed by @Arnei.
+* Iterate styles around Link new device via QR ([#12356](https://github.com/matrix-org/matrix-react-sdk/pull/12356)). Contributed by @t3chguy.
+* Improve code-splitting of highlight.js and maplibre-gs libs ([#12349](https://github.com/matrix-org/matrix-react-sdk/pull/12349)). Contributed by @t3chguy.
+* Use data-mx-color for rainbows ([#12325](https://github.com/matrix-org/matrix-react-sdk/pull/12325)). Contributed by @tulir.
+
+## 🐛 Bug Fixes
+
+* Fix external guest access url for unencrypted rooms ([#12345](https://github.com/matrix-org/matrix-react-sdk/pull/12345)). Contributed by @toger5.
+* Fix video rooms not showing share link button ([#12374](https://github.com/matrix-org/matrix-react-sdk/pull/12374)). Contributed by @toger5.
+* Fix space topic jumping on hover/focus ([#12377](https://github.com/matrix-org/matrix-react-sdk/pull/12377)). Contributed by @t3chguy.
+* Allow popping out a Jitsi widget to respect Desktop `web_base_url` config ([#12376](https://github.com/matrix-org/matrix-react-sdk/pull/12376)). Contributed by @t3chguy.
+* Remove the Lazy Loading `InvalidStoreError` Dialogs ([#12358](https://github.com/matrix-org/matrix-react-sdk/pull/12358)). Contributed by @langleyd.
+* Improve readability of badges and pills ([#12360](https://github.com/matrix-org/matrix-react-sdk/pull/12360)). Contributed by @robintown.
+
+
 Changes in [3.96.1](https://github.com/matrix-org/matrix-react-sdk/releases/tag/v3.96.1) (2024-03-28)
 =====================================================================================================
 ## 🐛 Bug Fixes
diff --git a/package.json b/package.json
index 42e635d2ba..4d1aeabff0 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "matrix-react-sdk",
-    "version": "3.96.1",
+    "version": "3.97.0",
     "description": "SDK for matrix.org using React",
     "author": "matrix.org",
     "repository": {
@@ -23,7 +23,7 @@
         "package.json",
         ".stylelintrc.js"
     ],
-    "main": "./src/index.ts",
+    "main": "./lib/index.ts",
     "matrix_src_main": "./src/index.ts",
     "matrix_lib_main": "./lib/index.ts",
     "matrix_lib_typings": "./lib/index.d.ts",
@@ -108,7 +108,7 @@
         "maplibre-gl": "^2.0.0",
         "matrix-encrypt-attachment": "^1.0.3",
         "matrix-events-sdk": "0.0.1",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+        "matrix-js-sdk": "32.0.0",
         "matrix-widget-api": "^1.5.0",
         "memoize-one": "^6.0.0",
         "minimist": "^1.2.5",
@@ -233,5 +233,6 @@
         "outputDirectory": "coverage",
         "outputName": "jest-sonar-report.xml",
         "relativePaths": true
-    }
+    },
+    "typings": "./lib/index.d.ts"
 }
diff --git a/yarn.lock b/yarn.lock
index 3fbabea662..51ad7ec63f 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1862,10 +1862,10 @@
     emojibase "^15.0.0"
     emojibase-data "^15.0.0"
 
-"@matrix-org/matrix-sdk-crypto-wasm@^4.6.0":
-  version "4.6.0"
-  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-4.6.0.tgz#35224214c7638abbe2bc91fb4fa4fb022a1a2bf0"
-  integrity sha512-v9PFWzSTWMlZKbyk3PPsZjUtOEQ7FIz5USD3lFRUWiS4pv0FOKR125VOUnR5Z/kAty57JXCHDAexCln3zE2Fww==
+"@matrix-org/matrix-sdk-crypto-wasm@^4.9.0":
+  version "4.9.0"
+  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-4.9.0.tgz#9dfed83e33f760650596c4e5c520e5e4c53355d2"
+  integrity sha512-/bgA4QfE7qkK6GFr9hnhjAvRSebGrmEJxukU0ukbudZcYvbzymoBBM8j3HeULXZT8kbw8WH6z63txYTMCBSDOA==
 
 "@matrix-org/matrix-wysiwyg@2.17.0":
   version "2.17.0"
@@ -7015,12 +7015,13 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
-"matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
-  version "31.6.1"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/514633c5fa0d226b686d607e40a238b5a9237f73"
+matrix-js-sdk@32.0.0:
+  version "32.0.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-32.0.0.tgz#c038fa41b6a8d265ab7eeb906df3886a56421f5d"
+  integrity sha512-0WsSnls5eEWKgghDFKiVyMylb8dKno+WwiOGGrWyLk+soZLWJvkyUKpYQ/S1v4KxrcaMSx4ZNLVwIlxX0Z0pJg==
   dependencies:
     "@babel/runtime" "^7.12.5"
-    "@matrix-org/matrix-sdk-crypto-wasm" "^4.6.0"
+    "@matrix-org/matrix-sdk-crypto-wasm" "^4.9.0"
     another-json "^0.2.0"
     bs58 "^5.0.0"
     content-type "^1.0.4"