diff --git a/.repo-metadata-full.json b/.repo-metadata-full.json
index 38dda9fecfa..47293b0e4b2 100644
--- a/.repo-metadata-full.json
+++ b/.repo-metadata-full.json
@@ -282,7 +282,7 @@
     "BigQueryDataExchange": {
         "language": "php",
         "distribution_name": "google/cloud-bigquery-data-exchange",
-        "release_level": "stable",
+        "release_level": "preview",
         "client_documentation": "https://cloud.google.com/php/docs/reference/cloud-bigquery-data-exchange/latest",
         "library_type": "GAPIC_AUTO",
         "api_shortname": "analyticshub"
@@ -1599,4 +1599,4 @@
         "library_type": "GAPIC_AUTO",
         "api_shortname": "workflows"
     }
-}
\ No newline at end of file
+}
diff --git a/BigQueryDataExchange/README.md b/BigQueryDataExchange/README.md
index ed90ad866b7..4c4046ca278 100644
--- a/BigQueryDataExchange/README.md
+++ b/BigQueryDataExchange/README.md
@@ -35,8 +35,9 @@ for more information about the debugging tools.
 
 ### Version
 
-This component is considered GA (generally available). As such, it will not introduce backwards-incompatible changes in
-any minor or patch releases. We will address issues and requests with the highest priority.
+This component is considered beta. As such, it should be expected to be mostly
+stable and we're working towards a release candidate. We will address issues
+and requests with a higher priority.
 
 ### Next Steps