diff --git a/keda/README.md b/keda/README.md
index b074ad28..589e2ee6 100644
--- a/keda/README.md
+++ b/keda/README.md
@@ -115,8 +115,7 @@ their default values.
 | `logging.operator.format` | string | `"console"` | Logging format for KEDA Operator. allowed values: `json` or `console` |
 | `logging.operator.level` | string | `"info"` | Logging level for KEDA Operator. allowed values: `debug`, `info`, `error`, or an integer value greater than 0, specified as string |
 | `logging.operator.timeEncoding` | string | `"rfc3339"` | Logging time encoding for KEDA Operator. allowed values are `epoch`, `millis`, `nano`, `iso8601`, `rfc3339` or `rfc3339nano` |
-| `opentelemetry.operator.enabled` | bool | `false` | Enable KEDA Operator opentelemetry metrics expose |
-| `opentelemetry.operator.otlpHTTPEndpoint` | string | `""` | Set OTEL_EXPORTER_OTLP_ENDPOINT for opentelemetry exporter |
+| `opentelemetry.operator.enabled` | bool | `false` | Enable pushing metrics to an OpenTelemetry Collector for operator |
 | `operator.affinity` | object | `{}` | [Affinity] for pod scheduling for KEDA operator. Takes precedence over the `affinity` field |
 | `operator.livenessProbe` | object | `{"failureThreshold":3,"initialDelaySeconds":25,"periodSeconds":10,"successThreshold":1,"timeoutSeconds":1}` | Liveness probes for operator ([docs](https://kubernetes.io/docs/tasks/configure-pod-container/configure-liveness-readiness-startup-probes/)) |
 | `operator.name` | string | `"keda-operator"` | Name of the KEDA operator |
@@ -209,6 +208,73 @@ their default values.
 | `volumes.metricsApiServer.extraVolumeMounts` | list | `[]` | Extra volume mounts for metric server deployment |
 | `volumes.metricsApiServer.extraVolumes` | list | `[]` | Extra volumes for metric server deployment |
 
+### Operations
+
+| Parameter | Type | Default | Description |
+|-----------|------|---------|-------------|
+| `opentelemetry.collector.uri` | string | `""` | Uri of OpenTelemetry Collector to push telemetry to |
+| `opentelemetry.operator.enabled` | bool | `false` | Enable pushing metrics to an OpenTelemetry Collector for operator |
+| `prometheus.metricServer.enabled` | bool | `false` | Enable metric server Prometheus metrics expose |
+| `prometheus.metricServer.podMonitor.additionalLabels` | object | `{}` | Additional labels to add for metric server using podMonitor crd (prometheus operator) |
+| `prometheus.metricServer.podMonitor.enabled` | bool | `false` | Enables PodMonitor creation for the Prometheus Operator |
+| `prometheus.metricServer.podMonitor.interval` | string | `""` | Scraping interval for metric server using podMonitor crd (prometheus operator) |
+| `prometheus.metricServer.podMonitor.namespace` | string | `""` | Scraping namespace for metric server using podMonitor crd (prometheus operator) |
+| `prometheus.metricServer.podMonitor.relabelings` | list | `[]` | List of expressions that define custom relabeling rules for metric server podMonitor crd (prometheus operator) |
+| `prometheus.metricServer.podMonitor.scrapeTimeout` | string | `""` | Scraping timeout for metric server using podMonitor crd (prometheus operator) |
+| `prometheus.metricServer.port` | int | `8080` | HTTP port used for exposing metrics server prometheus metrics |
+| `prometheus.metricServer.portName` | string | `"metrics"` | HTTP port name for exposing metrics server prometheus metrics |
+| `prometheus.metricServer.serviceMonitor.additionalLabels` | object | `{}` | Additional labels to add for metric server using ServiceMonitor crd (prometheus operator) |
+| `prometheus.metricServer.serviceMonitor.enabled` | bool | `false` | Enables ServiceMonitor creation for the Prometheus Operator |
+| `prometheus.metricServer.serviceMonitor.interval` | string | `""` | Interval at which metrics should be scraped If not specified Prometheus’ global scrape interval is used. |
+| `prometheus.metricServer.serviceMonitor.jobLabel` | string | `""` | JobLabel selects the label from the associated Kubernetes service which will be used as the job label for all metrics. [ServiceMonitor Spec] |
+| `prometheus.metricServer.serviceMonitor.podTargetLabels` | list | `[]` | PodTargetLabels transfers labels on the Kubernetes `Pod` onto the created metrics |
+| `prometheus.metricServer.serviceMonitor.port` | string | `"metrics"` | Name of the service port this endpoint refers to. Mutually exclusive with targetPort |
+| `prometheus.metricServer.serviceMonitor.relabelings` | list | `[]` | List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.metricServer.serviceMonitor.relabellings` | list | `[]` | DEPRECATED. List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.metricServer.serviceMonitor.scrapeTimeout` | string | `""` | Timeout after which the scrape is ended If not specified, the Prometheus global scrape timeout is used unless it is less than Interval in which the latter is used |
+| `prometheus.metricServer.serviceMonitor.targetLabels` | list | `[]` | TargetLabels transfers labels from the Kubernetes `Service` onto the created metrics |
+| `prometheus.metricServer.serviceMonitor.targetPort` | string | `""` | Name or number of the target port of the Pod behind the Service, the port must be specified with container port property. Mutually exclusive with port |
+| `prometheus.operator.enabled` | bool | `false` | Enable KEDA Operator prometheus metrics expose |
+| `prometheus.operator.podMonitor.additionalLabels` | object | `{}` | Additional labels to add for KEDA Operator using podMonitor crd (prometheus operator) |
+| `prometheus.operator.podMonitor.enabled` | bool | `false` | Enables PodMonitor creation for the Prometheus Operator |
+| `prometheus.operator.podMonitor.interval` | string | `""` | Scraping interval for KEDA Operator using podMonitor crd (prometheus operator) |
+| `prometheus.operator.podMonitor.namespace` | string | `""` | Scraping namespace for KEDA Operator using podMonitor crd (prometheus operator) |
+| `prometheus.operator.podMonitor.relabelings` | list | `[]` | List of expressions that define custom relabeling rules for KEDA Operator podMonitor crd (prometheus operator) |
+| `prometheus.operator.podMonitor.scrapeTimeout` | string | `""` | Scraping timeout for KEDA Operator using podMonitor crd (prometheus operator) |
+| `prometheus.operator.port` | int | `8080` | Port used for exposing KEDA Operator prometheus metrics |
+| `prometheus.operator.prometheusRules.additionalLabels` | object | `{}` | Additional labels to add for KEDA Operator using prometheusRules crd (prometheus operator) |
+| `prometheus.operator.prometheusRules.alerts` | list | `[]` | Additional alerts to add for KEDA Operator using prometheusRules crd (prometheus operator) |
+| `prometheus.operator.prometheusRules.enabled` | bool | `false` | Enables PrometheusRules creation for the Prometheus Operator |
+| `prometheus.operator.prometheusRules.namespace` | string | `""` | Scraping namespace for KEDA Operator using prometheusRules crd (prometheus operator) |
+| `prometheus.operator.serviceMonitor.additionalLabels` | object | `{}` | Additional labels to add for metric server using ServiceMonitor crd (prometheus operator) |
+| `prometheus.operator.serviceMonitor.enabled` | bool | `false` | Enables ServiceMonitor creation for the Prometheus Operator |
+| `prometheus.operator.serviceMonitor.interval` | string | `""` | Interval at which metrics should be scraped If not specified Prometheus’ global scrape interval is used. |
+| `prometheus.operator.serviceMonitor.jobLabel` | string | `""` | JobLabel selects the label from the associated Kubernetes service which will be used as the job label for all metrics. [ServiceMonitor Spec] |
+| `prometheus.operator.serviceMonitor.podTargetLabels` | list | `[]` | PodTargetLabels transfers labels on the Kubernetes `Pod` onto the created metrics |
+| `prometheus.operator.serviceMonitor.port` | string | `"metrics"` | Name of the service port this endpoint refers to. Mutually exclusive with targetPort |
+| `prometheus.operator.serviceMonitor.relabelings` | list | `[]` | List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.operator.serviceMonitor.relabellings` | list | `[]` | DEPRECATED. List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.operator.serviceMonitor.scrapeTimeout` | string | `""` | Timeout after which the scrape is ended If not specified, the Prometheus global scrape timeout is used unless it is less than Interval in which the latter is used |
+| `prometheus.operator.serviceMonitor.targetLabels` | list | `[]` | TargetLabels transfers labels from the Kubernetes `Service` onto the created metrics |
+| `prometheus.operator.serviceMonitor.targetPort` | string | `""` | Name or number of the target port of the Pod behind the Service, the port must be specified with container port property. Mutually exclusive with port |
+| `prometheus.webhooks.enabled` | bool | `false` | Enable KEDA admission webhooks prometheus metrics expose |
+| `prometheus.webhooks.port` | int | `8080` | Port used for exposing KEDA admission webhooks prometheus metrics |
+| `prometheus.webhooks.prometheusRules.additionalLabels` | object | `{}` | Additional labels to add for KEDA admission webhooks using prometheusRules crd (prometheus operator) |
+| `prometheus.webhooks.prometheusRules.alerts` | list | `[]` | Additional alerts to add for KEDA admission webhooks using prometheusRules crd (prometheus operator) |
+| `prometheus.webhooks.prometheusRules.enabled` | bool | `false` | Enables PrometheusRules creation for the Prometheus Operator |
+| `prometheus.webhooks.prometheusRules.namespace` | string | `""` | Scraping namespace for KEDA admission webhooks using prometheusRules crd (prometheus operator) |
+| `prometheus.webhooks.serviceMonitor.additionalLabels` | object | `{}` | Additional labels to add for metric server using ServiceMonitor crd (prometheus operator) |
+| `prometheus.webhooks.serviceMonitor.enabled` | bool | `false` | Enables ServiceMonitor creation for the Prometheus webhooks |
+| `prometheus.webhooks.serviceMonitor.interval` | string | `""` | Interval at which metrics should be scraped If not specified Prometheus’ global scrape interval is used. |
+| `prometheus.webhooks.serviceMonitor.jobLabel` | string | `""` | jobLabel selects the label from the associated Kubernetes service which will be used as the job label for all metrics. [ServiceMonitor Spec] |
+| `prometheus.webhooks.serviceMonitor.podTargetLabels` | list | `[]` | PodTargetLabels transfers labels on the Kubernetes `Pod` onto the created metrics |
+| `prometheus.webhooks.serviceMonitor.port` | string | `"metrics"` | Name of the service port this endpoint refers to. Mutually exclusive with targetPort |
+| `prometheus.webhooks.serviceMonitor.relabelings` | list | `[]` | List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.webhooks.serviceMonitor.relabellings` | list | `[]` | DEPRECATED. List of expressions that define custom relabeling rules for metric server ServiceMonitor crd (prometheus operator). [RelabelConfig Spec] |
+| `prometheus.webhooks.serviceMonitor.scrapeTimeout` | string | `""` | Timeout after which the scrape is ended If not specified, the Prometheus global scrape timeout is used unless it is less than Interval in which the latter is used |
+| `prometheus.webhooks.serviceMonitor.targetLabels` | list | `[]` | TargetLabels transfers labels from the Kubernetes `Service` onto the created metrics |
+| `prometheus.webhooks.serviceMonitor.targetPort` | string | `""` | Name or number of the target port of the Pod behind the Service, the port must be specified with container port property. Mutually exclusive with port |
+
 ### Admission Webhooks
 
 | Parameter | Type | Default | Description |
diff --git a/keda/README.md.gotmpl b/keda/README.md.gotmpl
index 41ae76fc..6c8df247 100644
--- a/keda/README.md.gotmpl
+++ b/keda/README.md.gotmpl
@@ -59,7 +59,7 @@ their default values.
 | Parameter | Type | Default | Description |
 |-----------|------|---------|-------------|
 {{- range .Values }}
-  {{- if not (or (contains "operator" .Key) (contains "keda" .Key) (contains "metricServer" .Key) (contains "metricsServer" .Key) (contains "metricsApiServer" .Key) (contains "metricsAdapter" .Key) (contains "webhooks" .Key) (hasPrefix "service." .Key) ) }}
+  {{- if not (or (contains "operator" .Key) (contains "keda" .Key) (contains "opentelemetry" .Key) (contains "prometheus" .Key) (contains "metricServer" .Key) (contains "metricsServer" .Key) (contains "metricsApiServer" .Key) (contains "metricsAdapter" .Key) (contains "webhooks" .Key) (hasPrefix "service." .Key) ) }}
 | `{{ .Key }}` | {{ .Type }} | {{ if .Default }}{{ .Default }}{{ else }}{{ .AutoDefault }}{{ end }} | {{ if .Description }}{{ .Description }}{{ else }}{{ .AutoDescription }}{{ end }} |
   {{- end }}
 {{- end }}
@@ -84,6 +84,16 @@ their default values.
   {{- end }}
 {{- end }}
 
+### Operations
+
+| Parameter | Type | Default | Description |
+|-----------|------|---------|-------------|
+{{- range .Values }}
+  {{- if or (contains "opentelemetry" .Key) (contains "prometheus" .Key) }}
+| `{{ .Key }}` | {{ .Type }} | {{ if .Default }}{{ .Default }}{{ else }}{{ .AutoDefault }}{{ end }} | {{ if .Description }}{{ .Description }}{{ else }}{{ .AutoDescription }}{{ end }} |
+  {{- end }}
+{{- end }}
+
 ### Admission Webhooks
 
 | Parameter | Type | Default | Description |
diff --git a/keda/templates/manager/deployment.yaml b/keda/templates/manager/deployment.yaml
index 40bef4af..4ec4e478 100644
--- a/keda/templates/manager/deployment.yaml
+++ b/keda/templates/manager/deployment.yaml
@@ -91,7 +91,7 @@ spec:
           - --enable-prometheus-metrics=:{{ .Values.prometheus.operator.enabled }}
           {{- end }}
           {{- if .Values.opentelemetry.operator.enabled }}
-          - --enable-opentelemetry-metrics=:{{ .Values.opentelemetry.operator.enabled }}
+          - "--enable-opentelemetry-metrics={{ .Values.opentelemetry.operator.enabled}}"
           {{- end }}
           {{- range $key, $value := .Values.extraArgs.keda }}
           - --{{ $key }}={{ $value }}
@@ -144,9 +144,9 @@ spec:
             - name: KEDA_RESTRICT_SECRET_ACCESS
               value: {{ .Values.permissions.operator.restrict.secret | quote }}
             {{- end }}
-            {{- if .Values.opentelemetry.operator.otlpHTTPEndpoint }}
+            {{- if .Values.opentelemetry.collector.uri }}
             - name: OTEL_EXPORTER_OTLP_ENDPOINT
-              value: {{ .Values.opentelemetry.operator.otlpHTTPEndpoint }}
+              value: {{ .Values.opentelemetry.collector.uri | quote }}
             {{- end }}
             {{- if .Values.env }}
             {{- toYaml .Values.env | nindent 12 -}}
diff --git a/keda/values.yaml b/keda/values.yaml
index d74f85d8..45f866cb 100644
--- a/keda/values.yaml
+++ b/keda/values.yaml
@@ -633,11 +633,12 @@ prometheus:
       alerts: []
 
 opentelemetry:
+  collector:
+    # -- Uri of OpenTelemetry Collector to push telemetry to
+    uri: ""
   operator:
-      # -- Enable pushing metrics to an OpenTelemetry Collector
+      # -- Enable pushing metrics to an OpenTelemetry Collector for operator
       enabled: false
-      # -- Uri of OpenTelemetry Collector to push telemetry to
-      otlpHTTPEndpoint: "" 
 
 certificates:
   # -- Enables the self generation for KEDA TLS certificates inside KEDA operator