diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5495a62f3f76..1693570322ec 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,7 @@
 
 - `[jest-config]` Support config files exporting (`async`) `function`s ([#10001](https://github.com/facebook/jest/pull/10001))
 - `[jest-cli, jest-core]` Add `--selectProjects` CLI argument to filter test suites by project name ([#8612](https://github.com/facebook/jest/pull/8612))
+- `[jest-cli, jest-init]` Add `coverageProvider` to `jest --init` prompts ([#10044](https://github.com/facebook/jest/pull/10044))
 
 ### Fixes
 
diff --git a/packages/jest-cli/src/init/__tests__/init.test.js b/packages/jest-cli/src/init/__tests__/init.test.js
index 579ab04f24fc..74012354c51a 100644
--- a/packages/jest-cli/src/init/__tests__/init.test.js
+++ b/packages/jest-cli/src/init/__tests__/init.test.js
@@ -93,6 +93,28 @@ describe('init', () => {
         expect(evaluatedConfig).toEqual({coverageDirectory: 'coverage'});
       });
 
+      it('should create configuration for {coverageProvider: "babel"}', async () => {
+        prompts.mockReturnValueOnce({coverageProvider: 'babel'});
+
+        await init(resolveFromFixture('only_package_json'));
+
+        const writtenJestConfig = fs.writeFileSync.mock.calls[0][1];
+        const evaluatedConfig = eval(writtenJestConfig);
+        // should modify when the default coverageProvider will be changed to "v8"
+        expect(evaluatedConfig).toEqual({});
+      });
+
+      it('should create configuration for {coverageProvider: "v8"}', async () => {
+        prompts.mockReturnValueOnce({coverageProvider: 'v8'});
+
+        await init(resolveFromFixture('only_package_json'));
+
+        const writtenJestConfig = fs.writeFileSync.mock.calls[0][1];
+        const evaluatedConfig = eval(writtenJestConfig);
+        // should modify when the default coverageProvider will be changed to "v8"
+        expect(evaluatedConfig).toEqual({coverageProvider: 'v8'});
+      });
+
       it('should create configuration for {environment: "jsdom"}', async () => {
         prompts.mockReturnValueOnce({environment: 'jsdom'});
 
diff --git a/packages/jest-cli/src/init/generate_config_file.ts b/packages/jest-cli/src/init/generate_config_file.ts
index 36c19bdf3759..c968e2985e19 100644
--- a/packages/jest-cli/src/init/generate_config_file.ts
+++ b/packages/jest-cli/src/init/generate_config_file.ts
@@ -35,7 +35,7 @@ const generateConfigFile = (
   results: Record<string, unknown>,
   generateEsm = false,
 ): string => {
-  const {coverage, clearMocks, environment} = results;
+  const {coverage, coverageProvider, clearMocks, environment} = results;
 
   const overrides: Record<string, any> = {};
 
@@ -45,6 +45,12 @@ const generateConfigFile = (
     });
   }
 
+  if (coverageProvider === 'v8') {
+    Object.assign(overrides, {
+      coverageProvider: 'v8',
+    });
+  }
+
   if (environment === 'node') {
     Object.assign(overrides, {
       testEnvironment: 'node',
diff --git a/packages/jest-cli/src/init/index.ts b/packages/jest-cli/src/init/index.ts
index 7a92a29ec0d7..c39ca0b68f69 100644
--- a/packages/jest-cli/src/init/index.ts
+++ b/packages/jest-cli/src/init/index.ts
@@ -28,6 +28,7 @@ const {
 type PromptsResults = {
   clearMocks: boolean;
   coverage: boolean;
+  coverageProvider: boolean;
   environment: boolean;
   scripts: boolean;
 };
diff --git a/packages/jest-cli/src/init/questions.ts b/packages/jest-cli/src/init/questions.ts
index 1473cb55382b..ee192c697875 100644
--- a/packages/jest-cli/src/init/questions.ts
+++ b/packages/jest-cli/src/init/questions.ts
@@ -24,6 +24,16 @@ const defaultQuestions: Array<PromptObject> = [
     name: 'coverage',
     type: 'confirm',
   },
+  {
+    choices: [
+      {title: 'babel', value: 'babel'},
+      {title: 'v8', value: 'v8'},
+    ],
+    initial: 0,
+    message: 'Which coverageProvider should be used to collect coverage?',
+    name: 'coverageProvider',
+    type: 'select',
+  },
   {
     initial: false,
     message: 'Automatically clear mock calls and instances between every test?',