diff --git a/.changelog/unreleased/bug-fixes/2779-bump-pfm.md b/.changelog/unreleased/bug-fixes/2779-bump-pfm.md
new file mode 100644
index 00000000000..a7522c5d1d5
--- /dev/null
+++ b/.changelog/unreleased/bug-fixes/2779-bump-pfm.md
@@ -0,0 +1,3 @@
+- Bump [PFM](https://github.com/cosmos/ibc-apps/tree/main/middleware) 
+  to [v4.1.1](https://github.com/cosmos/ibc-apps/releases/tag/middleware%2Fpacket-forward-middleware%2Fv4.1.1)
+  ([\#2779](https://github.com/cosmos/gaia/pull/2779))
\ No newline at end of file
diff --git a/.changelog/unreleased/dependencies/2779-bump-pfm.md b/.changelog/unreleased/dependencies/2779-bump-pfm.md
new file mode 100644
index 00000000000..a7522c5d1d5
--- /dev/null
+++ b/.changelog/unreleased/dependencies/2779-bump-pfm.md
@@ -0,0 +1,3 @@
+- Bump [PFM](https://github.com/cosmos/ibc-apps/tree/main/middleware) 
+  to [v4.1.1](https://github.com/cosmos/ibc-apps/releases/tag/middleware%2Fpacket-forward-middleware%2Fv4.1.1)
+  ([\#2779](https://github.com/cosmos/gaia/pull/2779))
\ No newline at end of file