diff --git a/CHANGELOG.md b/CHANGELOG.md
index acbc7756683..05432ef42c1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -20,6 +20,7 @@
 * [BUGFIX] Updated `golang.org/x/net` dependency to fix CVE-2022-27664. #5008
 * [BUGFIX] Fix panic when otel and xray tracing is enabled. #5044
 * [BUGFIX] Fixed no compact block got grouped in shuffle sharding grouper. #5055
+* [BUGFIX] Tracing: Fix missing object storage span instrumentation. #5074
 
 ## 1.14.0 2022-12-02
 
diff --git a/pkg/cortex/tracing.go b/pkg/cortex/tracing.go
index daa05e154d3..1d0adb9f3b6 100644
--- a/pkg/cortex/tracing.go
+++ b/pkg/cortex/tracing.go
@@ -4,6 +4,7 @@ import (
 	"context"
 
 	"github.com/opentracing/opentracing-go"
+	objstoretracing "github.com/thanos-io/objstore/tracing"
 	"github.com/thanos-io/thanos/pkg/tracing"
 	"google.golang.org/grpc"
 )
@@ -11,14 +12,16 @@ import (
 // ThanosTracerUnaryInterceptor injects the opentracing global tracer into the context
 // in order to get it picked up by Thanos components.
 func ThanosTracerUnaryInterceptor(ctx context.Context, req interface{}, _ *grpc.UnaryServerInfo, handler grpc.UnaryHandler) (interface{}, error) {
+	ctx = objstoretracing.ContextWithTracer(ctx, opentracing.GlobalTracer())
 	return handler(tracing.ContextWithTracer(ctx, opentracing.GlobalTracer()), req)
 }
 
 // ThanosTracerStreamInterceptor injects the opentracing global tracer into the context
 // in order to get it picked up by Thanos components.
 func ThanosTracerStreamInterceptor(srv interface{}, ss grpc.ServerStream, _ *grpc.StreamServerInfo, handler grpc.StreamHandler) error {
+	ctx := objstoretracing.ContextWithTracer(ss.Context(), opentracing.GlobalTracer())
 	return handler(srv, wrappedServerStream{
-		ctx:          tracing.ContextWithTracer(ss.Context(), opentracing.GlobalTracer()),
+		ctx:          tracing.ContextWithTracer(ctx, opentracing.GlobalTracer()),
 		ServerStream: ss,
 	})
 }