diff --git a/wp-includes/version.php b/wp-includes/version.php
index e4199e3d57..6613486a58 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -16,7 +16,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '6.1-alpha-54205';
+$wp_version = '6.1-alpha-54206';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.
diff --git a/wp-login.php b/wp-login.php
index b0dd2b2f6d..c74f33f5cc 100644
--- a/wp-login.php
+++ b/wp-login.php
@@ -1103,8 +1103,16 @@ switch ( $action ) {
 
 		<p id="nav">
 			<a href="<?php echo esc_url( wp_login_url() ); ?>"><?php _e( 'Log in' ); ?></a>
-				<?php echo esc_html( $login_link_separator ); ?>
-			<a href="<?php echo esc_url( wp_lostpassword_url() ); ?>"><?php _e( 'Lost your password?' ); ?></a>
+			<?php
+
+			echo esc_html( $login_link_separator );
+
+			$html_link = sprintf( '<a href="%s">%s</a>', esc_url( wp_lostpassword_url() ), __( 'Lost your password?' ) );
+
+			/** This filter is documented in wp-login.php */
+			echo apply_filters( 'lost_password_html_link', $html_link );
+
+			?>
 		</p>
 		<?php
 
@@ -1471,8 +1479,18 @@ switch ( $action ) {
 					echo esc_html( $login_link_separator );
 				}
 
+				$html_link = sprintf( '<a href="%s">%s</a>', esc_url( wp_lostpassword_url() ), __( 'Lost your password?' ) );
+
+				/**
+				 * Filters the link that allows the user to retrieve the lost password.
+				 *
+				 * @since 6.1.0
+				 *
+				 * @param string $html_link HTML link to the lost password form.
+				 */
+				echo apply_filters( 'lost_password_html_link', $html_link );
+
 				?>
-				<a href="<?php echo esc_url( wp_lostpassword_url() ); ?>"><?php _e( 'Lost your password?' ); ?></a>
 			</p>
 			<?php
 		}