diff --git a/MIGRATION_GUIDE.md b/MIGRATION_GUIDE.md
index d57696d910..3d807d795a 100644
--- a/MIGRATION_GUIDE.md
+++ b/MIGRATION_GUIDE.md
@@ -134,6 +134,7 @@ Looking to upgrade from Sentry SDK 2.x to 3.x? Here's a comprehensive list of wh
 - Spans no longer have a `description`. Use `name` instead.
 - Dropped support for Python 3.6.
 - The `enable_tracing` `init` option has been removed. Configure `traces_sample_rate` directly.
+- The `propagate_traces` `init` option has been removed. Use `trace_propagation_targets` instead.
 - The `custom_sampling_context` parameter of `start_transaction` has been removed. Use `attributes` instead to set key-value pairs of data that should be accessible in the traces sampler. Note that span attributes need to conform to the [OpenTelemetry specification](https://opentelemetry.io/docs/concepts/signals/traces/#attributes), meaning only certain types can be set as values.
 - The PyMongo integration no longer sets tags. The data is still accessible via span attributes.
 - The PyMongo integration doesn't set `operation_ids` anymore. The individual IDs (`operation_id`, `request_id`, `session_id`) are now accessible as separate span attributes.
diff --git a/sentry_sdk/consts.py b/sentry_sdk/consts.py
index 74d18ce80b..1fc920ac52 100644
--- a/sentry_sdk/consts.py
+++ b/sentry_sdk/consts.py
@@ -511,7 +511,6 @@ def __init__(
         debug=None,  # type: Optional[bool]
         attach_stacktrace=False,  # type: bool
         ca_certs=None,  # type: Optional[str]
-        propagate_traces=True,  # type: bool
         traces_sample_rate=None,  # type: Optional[float]
         traces_sampler=None,  # type: Optional[TracesSampler]
         profiles_sample_rate=None,  # type: Optional[float]
@@ -915,8 +914,6 @@ def __init__(
 
         :param profile_session_sample_rate:
 
-        :param propagate_traces:
-
         :param auto_session_tracking:
 
         :param spotlight:
diff --git a/sentry_sdk/scope.py b/sentry_sdk/scope.py
index bf4a62ab01..43cb94a32d 100644
--- a/sentry_sdk/scope.py
+++ b/sentry_sdk/scope.py
@@ -610,13 +610,6 @@ def iter_trace_propagation_headers(self, *args, **kwargs):
         If no span is given, the trace data is taken from the scope.
         """
         client = self.get_client()
-        if not client.options.get("propagate_traces"):
-            warnings.warn(
-                "The `propagate_traces` parameter is deprecated. Please use `trace_propagation_targets` instead.",
-                DeprecationWarning,
-                stacklevel=2,
-            )
-            return
 
         span = kwargs.pop("span", None)
         span = span or self.span
diff --git a/tests/tracing/test_integration_tests.py b/tests/tracing/test_integration_tests.py
index 6fa9d66964..e6e436dbd2 100644
--- a/tests/tracing/test_integration_tests.py
+++ b/tests/tracing/test_integration_tests.py
@@ -117,20 +117,6 @@ def test_continue_trace(sentry_init, capture_envelopes, sample_rate):  # noqa:N8
     assert message_payload["message"] == "hello"
 
 
-@pytest.mark.parametrize("sample_rate", [0.0, 1.0])
-def test_propagate_traces_deprecation_warning(sentry_init, sample_rate):
-    sentry_init(traces_sample_rate=sample_rate, propagate_traces=False)
-
-    with start_span(name="hi"):
-        with start_span() as old_span:
-            with pytest.warns(DeprecationWarning):
-                dict(
-                    sentry_sdk.get_current_scope().iter_trace_propagation_headers(
-                        old_span
-                    )
-                )
-
-
 @pytest.mark.parametrize("sample_rate", [0.5, 1.0])
 def test_dynamic_sampling_head_sdk_creates_dsc(
     sentry_init,