diff --git a/crates/wasmparser/src/features.rs b/crates/wasmparser/src/features.rs
index f46f2e89c8..fbe88a38f9 100644
--- a/crates/wasmparser/src/features.rs
+++ b/crates/wasmparser/src/features.rs
@@ -248,6 +248,12 @@ define_wasm_features! {
         /// Corresponds to the 🚝 character in
         /// <https://github.com/WebAssembly/component-model/blob/main/design/mvp/Explainer.md>.
         pub cm_async_builtins: CM_ASYNC_BUILTINS(1 << 29) = false;
+        /// Gates some intrinsics being marked with `error-context` in the component
+        /// model async proposal.
+        ///
+        /// Corresponds to the 📝 character in
+        /// <https://github.com/WebAssembly/component-model/blob/main/design/mvp/Explainer.md>.
+        pub cm_error_context: CM_ERROR_CONTEXT(1 << 30) = false;
     }
 }
 
diff --git a/crates/wasmparser/src/validator/component.rs b/crates/wasmparser/src/validator/component.rs
index 01e67ac58f..3a4671b788 100644
--- a/crates/wasmparser/src/validator/component.rs
+++ b/crates/wasmparser/src/validator/component.rs
@@ -1736,10 +1736,10 @@ impl ComponentState {
         offset: usize,
         features: &WasmFeatures,
     ) -> Result<()> {
-        if !features.cm_async() {
+        if !features.cm_error_context() {
             bail!(
                 offset,
-                "`error-context.new` requires the component model async feature"
+                "`error-context.new` requires the component model error-context feature"
             )
         }
 
@@ -1760,10 +1760,10 @@ impl ComponentState {
         offset: usize,
         features: &WasmFeatures,
     ) -> Result<()> {
-        if !features.cm_async() {
+        if !features.cm_error_context() {
             bail!(
                 offset,
-                "`error-context.debug-message` requires the component model async feature"
+                "`error-context.debug-message` requires the component model error-context feature"
             )
         }
 
@@ -1783,10 +1783,10 @@ impl ComponentState {
         offset: usize,
         features: &WasmFeatures,
     ) -> Result<()> {
-        if !features.cm_async() {
+        if !features.cm_error_context() {
             bail!(
                 offset,
-                "`error-context.drop` requires the component model async feature"
+                "`error-context.drop` requires the component model error-context feature"
             )
         }
 
@@ -3566,10 +3566,10 @@ impl ComponentState {
     ) -> Result<ComponentDefinedType> {
         match ty {
             crate::ComponentDefinedType::Primitive(ty) => {
-                if ty == crate::PrimitiveValType::ErrorContext && !features.cm_async() {
+                if ty == crate::PrimitiveValType::ErrorContext && !features.cm_error_context() {
                     bail!(
                         offset,
-                        "`error-context` requires the component model async feature"
+                        "`error-context` requires the component model error-context feature"
                     )
                 }
                 Ok(ComponentDefinedType::Primitive(ty))
diff --git a/tests/cli/component-model-async/task-builtins.wast b/tests/cli/component-model-async/task-builtins.wast
index 2a06072ff7..9c13d42994 100644
--- a/tests/cli/component-model-async/task-builtins.wast
+++ b/tests/cli/component-model-async/task-builtins.wast
@@ -1,4 +1,4 @@
-;; RUN: wast --assert default --snapshot tests/snapshots % -f cm-async,cm-async-builtins,cm-async-stackful
+;; RUN: wast --assert default --snapshot tests/snapshots % -f cm-async,cm-async-builtins,cm-async-stackful,cm-error-context
 
 ;; backpressure.set
 (component
diff --git a/tests/cli/component-model-async/error-context.wast b/tests/cli/component-model-error-context/error-context.wast
similarity index 99%
rename from tests/cli/component-model-async/error-context.wast
rename to tests/cli/component-model-error-context/error-context.wast
index 377082b00d..66d6aef57d 100644
--- a/tests/cli/component-model-async/error-context.wast
+++ b/tests/cli/component-model-error-context/error-context.wast
@@ -1,4 +1,4 @@
-;; RUN: wast --assert default --snapshot tests/snapshots % -f cm-async
+;; RUN: wast --assert default --snapshot tests/snapshots % -f cm-error-context
 
 ;; error-context.new
 (component
diff --git a/tests/cli/dummy-async-export-future-with-named-type.wit b/tests/cli/dummy-async-export-future-with-named-type.wit
index bd668335d4..d58f05177d 100644
--- a/tests/cli/dummy-async-export-future-with-named-type.wit
+++ b/tests/cli/dummy-async-export-future-with-named-type.wit
@@ -1,6 +1,6 @@
 // RUN: component embed % --dummy-names legacy --async-callback | \
 //        component new | \
-//        validate -f cm-async
+//        validate -f cm-async,cm-error-context
 
 package a:b;
 
diff --git a/tests/cli/dummy-async-export-using-export.wit b/tests/cli/dummy-async-export-using-export.wit
index 2ca7a07355..0a6540b706 100644
--- a/tests/cli/dummy-async-export-using-export.wit
+++ b/tests/cli/dummy-async-export-using-export.wit
@@ -1,6 +1,6 @@
 // RUN: component embed % --dummy-names legacy --async-callback | \
 //        component new | \
-//        validate -f cm-async
+//        validate -f cm-async,cm-error-context
 
 package a:b;
 
diff --git a/tests/cli/dummy-async-future-with-flags.wit b/tests/cli/dummy-async-future-with-flags.wit
index 918d8cfa32..0d86559711 100644
--- a/tests/cli/dummy-async-future-with-flags.wit
+++ b/tests/cli/dummy-async-future-with-flags.wit
@@ -1,6 +1,6 @@
 // RUN: component embed % --dummy-names legacy --async-callback | \
 //        component new | \
-//        validate -f cm-async
+//        validate -f cm-async,cm-error-context
 
 package y:name;
 
diff --git a/tests/cli/dummy-async-resource-with-stream.wit b/tests/cli/dummy-async-resource-with-stream.wit
index a8358525d6..667e53bc9f 100644
--- a/tests/cli/dummy-async-resource-with-stream.wit
+++ b/tests/cli/dummy-async-resource-with-stream.wit
@@ -1,6 +1,6 @@
 // RUN: component embed % --dummy-names legacy --async-callback | \
 //        component new | \
-//        validate -f cm-async
+//        validate -f cm-async,cm-error-context
 
 package a:b;
 
diff --git a/tests/cli/dummy-async-resource.wit b/tests/cli/dummy-async-resource.wit
index 4f64ca1686..d6522363cf 100644
--- a/tests/cli/dummy-async-resource.wit
+++ b/tests/cli/dummy-async-resource.wit
@@ -1,6 +1,6 @@
 // RUN: component embed % --dummy-names legacy --async-callback | \
 //        component new | \
-//        validate -f cm-async
+//        validate -f cm-async,cm-error-context
 
 package a:b;
 
diff --git a/tests/cli/missing-features/component-model/async.wast b/tests/cli/missing-features/component-model/async.wast
index 7410dec1e9..56d37cb235 100644
--- a/tests/cli/missing-features/component-model/async.wast
+++ b/tests/cli/missing-features/component-model/async.wast
@@ -314,49 +314,6 @@
   "requires the component model async feature"
 )
 
-;; error-context.new
-(assert_invalid
-  (component
-    (core module $libc (memory (export "memory") 1))
-    (core instance $libc (instantiate $libc))
-    (core module $m
-      (import "" "error-context.new" (func $error-context-new (param i32 i32) (result i32)))
-    )
-    (core func $error-context-new (canon error-context.new (memory $libc "memory")))
-    (core instance $i (instantiate $m (with "" (instance (export "error-context.new" (func $error-context-new))))))
-  )
-  "`error-context.new` requires the component model async feature"
-)
-
-;; error-context.debug-message
-(assert_invalid
-  (component
-    (core module $libc
-      (func (export "realloc") (param i32 i32 i32 i32) (result i32) unreachable)
-      (memory (export "memory") 1)
-    )
-    (core instance $libc (instantiate $libc))
-    (core module $m
-      (import "" "error-context.debug-message" (func $error-context-debug-message (param i32 i32)))
-    )
-    (core func $error-context-debug-message (canon error-context.debug-message (memory $libc "memory") (realloc (func $libc "realloc"))))
-    (core instance $i (instantiate $m (with "" (instance (export "error-context.debug-message" (func $error-context-debug-message))))))
-  )
-  "`error-context.debug-message` requires the component model async feature"
-)
-
-;; error-context.drop
-(assert_invalid
-  (component
-    (core module $m
-      (import "" "error-context.drop" (func $error-context-drop (param i32)))
-    )
-    (core func $error-context-drop (canon error-context.drop))
-    (core instance $i (instantiate $m (with "" (instance (export "error-context.drop" (func $error-context-drop))))))
-  )
-  "`error-context.drop` requires the component model async feature"
-)
-
 ;; various types
 (assert_invalid
   (component (type (future)))
@@ -366,10 +323,6 @@
   (component (type (stream)))
   "requires the component model async feature"
 )
-(assert_invalid
-  (component (type error-context))
-  "requires the component model async feature"
-)
 (assert_invalid
   (component
     (type $t (resource (rep i32)))
diff --git a/tests/cli/missing-features/component-model/error-context.wast b/tests/cli/missing-features/component-model/error-context.wast
new file mode 100644
index 0000000000..057e8ab9cd
--- /dev/null
+++ b/tests/cli/missing-features/component-model/error-context.wast
@@ -0,0 +1,50 @@
+;; RUN: wast --assert default --snapshot tests/snapshots % -f=-cm-error-context
+
+;; error-context.new
+(assert_invalid
+  (component
+    (core module $libc (memory (export "memory") 1))
+    (core instance $libc (instantiate $libc))
+    (core module $m
+      (import "" "error-context.new" (func $error-context-new (param i32 i32) (result i32)))
+    )
+    (core func $error-context-new (canon error-context.new (memory $libc "memory")))
+    (core instance $i (instantiate $m (with "" (instance (export "error-context.new" (func $error-context-new))))))
+  )
+  "`error-context.new` requires the component model error-context feature"
+)
+
+;; error-context.debug-message
+(assert_invalid
+  (component
+    (core module $libc
+      (func (export "realloc") (param i32 i32 i32 i32) (result i32) unreachable)
+      (memory (export "memory") 1)
+    )
+    (core instance $libc (instantiate $libc))
+    (core module $m
+      (import "" "error-context.debug-message" (func $error-context-debug-message (param i32 i32)))
+    )
+    (core func $error-context-debug-message (canon error-context.debug-message (memory $libc "memory") (realloc (func $libc "realloc"))))
+    (core instance $i (instantiate $m (with "" (instance (export "error-context.debug-message" (func $error-context-debug-message))))))
+  )
+  "`error-context.debug-message` requires the component model error-context feature"
+)
+
+;; error-context.drop
+(assert_invalid
+  (component
+    (core module $m
+      (import "" "error-context.drop" (func $error-context-drop (param i32)))
+    )
+    (core func $error-context-drop (canon error-context.drop))
+    (core instance $i (instantiate $m (with "" (instance (export "error-context.drop" (func $error-context-drop))))))
+  )
+  "`error-context.drop` requires the component model error-context feature"
+)
+
+;; various types
+(assert_invalid
+  (component (type error-context))
+  "requires the component model error-context feature"
+)
diff --git a/tests/cli/validate-unknown-features.wat.stderr b/tests/cli/validate-unknown-features.wat.stderr
index afd424198b..1c6e4539c4 100644
--- a/tests/cli/validate-unknown-features.wat.stderr
+++ b/tests/cli/validate-unknown-features.wat.stderr
@@ -1,4 +1,4 @@
 error: invalid value 'unknown' for '--features <FEATURES>': unknown feature `unknown`
-Valid features: mutable-global, saturating-float-to-int, sign-extension, reference-types, multi-value, bulk-memory, simd, relaxed-simd, threads, shared-everything-threads, tail-call, floats, multi-memory, exceptions, memory64, extended-const, component-model, function-references, memory-control, gc, custom-page-sizes, legacy-exceptions, gc-types, stack-switching, wide-arithmetic, cm-values, cm-nested-names, cm-async, cm-async-stackful, cm-async-builtins, mvp, wasm1, wasm2, wasm3, all
+Valid features: mutable-global, saturating-float-to-int, sign-extension, reference-types, multi-value, bulk-memory, simd, relaxed-simd, threads, shared-everything-threads, tail-call, floats, multi-memory, exceptions, memory64, extended-const, component-model, function-references, memory-control, gc, custom-page-sizes, legacy-exceptions, gc-types, stack-switching, wide-arithmetic, cm-values, cm-nested-names, cm-async, cm-async-stackful, cm-async-builtins, cm-error-context, mvp, wasm1, wasm2, wasm3, all
 
 For more information, try '--help'.
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast.json b/tests/snapshots/cli/component-model-error-context/error-context.wast.json
similarity index 94%
rename from tests/snapshots/cli/component-model-async/error-context.wast.json
rename to tests/snapshots/cli/component-model-error-context/error-context.wast.json
index 32a6761587..a8e25ae50b 100644
--- a/tests/snapshots/cli/component-model-async/error-context.wast.json
+++ b/tests/snapshots/cli/component-model-error-context/error-context.wast.json
@@ -1,5 +1,5 @@
 {
-  "source_filename": "tests/cli/component-model-async/error-context.wast",
+  "source_filename": "tests/cli/component-model-error-context/error-context.wast",
   "commands": [
     {
       "type": "module",
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast/0.print b/tests/snapshots/cli/component-model-error-context/error-context.wast/0.print
similarity index 100%
rename from tests/snapshots/cli/component-model-async/error-context.wast/0.print
rename to tests/snapshots/cli/component-model-error-context/error-context.wast/0.print
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast/2.print b/tests/snapshots/cli/component-model-error-context/error-context.wast/2.print
similarity index 100%
rename from tests/snapshots/cli/component-model-async/error-context.wast/2.print
rename to tests/snapshots/cli/component-model-error-context/error-context.wast/2.print
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast/4.print b/tests/snapshots/cli/component-model-error-context/error-context.wast/4.print
similarity index 100%
rename from tests/snapshots/cli/component-model-async/error-context.wast/4.print
rename to tests/snapshots/cli/component-model-error-context/error-context.wast/4.print
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast/6.print b/tests/snapshots/cli/component-model-error-context/error-context.wast/6.print
similarity index 100%
rename from tests/snapshots/cli/component-model-async/error-context.wast/6.print
rename to tests/snapshots/cli/component-model-error-context/error-context.wast/6.print
diff --git a/tests/snapshots/cli/component-model-async/error-context.wast/7.print b/tests/snapshots/cli/component-model-error-context/error-context.wast/7.print
similarity index 100%
rename from tests/snapshots/cli/component-model-async/error-context.wast/7.print
rename to tests/snapshots/cli/component-model-error-context/error-context.wast/7.print
diff --git a/tests/snapshots/cli/missing-features/component-model/async.wast.json b/tests/snapshots/cli/missing-features/component-model/async.wast.json
index 43d36cc909..b8b79571c6 100644
--- a/tests/snapshots/cli/missing-features/component-model/async.wast.json
+++ b/tests/snapshots/cli/missing-features/component-model/async.wast.json
@@ -181,68 +181,40 @@
       "line": 319,
       "filename": "async.25.wasm",
       "module_type": "binary",
-      "text": "`error-context.new` requires the component model async feature"
-    },
-    {
-      "type": "assert_invalid",
-      "line": 333,
-      "filename": "async.26.wasm",
-      "module_type": "binary",
-      "text": "`error-context.debug-message` requires the component model async feature"
-    },
-    {
-      "type": "assert_invalid",
-      "line": 350,
-      "filename": "async.27.wasm",
-      "module_type": "binary",
-      "text": "`error-context.drop` requires the component model async feature"
-    },
-    {
-      "type": "assert_invalid",
-      "line": 362,
-      "filename": "async.28.wasm",
-      "module_type": "binary",
-      "text": "requires the component model async feature"
-    },
-    {
-      "type": "assert_invalid",
-      "line": 366,
-      "filename": "async.29.wasm",
-      "module_type": "binary",
       "text": "requires the component model async feature"
     },
     {
       "type": "assert_invalid",
-      "line": 370,
-      "filename": "async.30.wasm",
+      "line": 323,
+      "filename": "async.26.wasm",
       "module_type": "binary",
       "text": "requires the component model async feature"
     },
     {
       "type": "assert_invalid",
-      "line": 374,
-      "filename": "async.31.wasm",
+      "line": 327,
+      "filename": "async.27.wasm",
       "module_type": "binary",
       "text": "requires the component model async builtins feature"
     },
     {
       "type": "assert_invalid",
-      "line": 382,
-      "filename": "async.32.wasm",
+      "line": 335,
+      "filename": "async.28.wasm",
       "module_type": "binary",
       "text": "require the component model async feature"
     },
     {
       "type": "assert_invalid",
-      "line": 387,
-      "filename": "async.33.wasm",
+      "line": 340,
+      "filename": "async.29.wasm",
       "module_type": "binary",
       "text": "require the component model async feature"
     },
     {
       "type": "assert_invalid",
-      "line": 392,
-      "filename": "async.34.wasm",
+      "line": 345,
+      "filename": "async.30.wasm",
       "module_type": "binary",
       "text": "require the component model async feature"
     }
diff --git a/tests/snapshots/cli/missing-features/component-model/error-context.wast.json b/tests/snapshots/cli/missing-features/component-model/error-context.wast.json
new file mode 100644
index 0000000000..fa7b63465f
--- /dev/null
+++ b/tests/snapshots/cli/missing-features/component-model/error-context.wast.json
@@ -0,0 +1,33 @@
+{
+  "source_filename": "tests/cli/missing-features/component-model/error-context.wast",
+  "commands": [
+    {
+      "type": "assert_invalid",
+      "line": 5,
+      "filename": "error-context.0.wasm",
+      "module_type": "binary",
+      "text": "`error-context.new` requires the component model error-context feature"
+    },
+    {
+      "type": "assert_invalid",
+      "line": 19,
+      "filename": "error-context.1.wasm",
+      "module_type": "binary",
+      "text": "`error-context.debug-message` requires the component model error-context feature"
+    },
+    {
+      "type": "assert_invalid",
+      "line": 36,
+      "filename": "error-context.2.wasm",
+      "module_type": "binary",
+      "text": "`error-context.drop` requires the component model error-context feature"
+    },
+    {
+      "type": "assert_invalid",
+      "line": 48,
+      "filename": "error-context.3.wasm",
+      "module_type": "binary",
+      "text": "requires the component model error-context feature"
+    }
+  ]
+}
\ No newline at end of file