diff --git a/bundle/manifests/volsync.clusterserviceversion.yaml b/bundle/manifests/volsync.clusterserviceversion.yaml
index a0bf85d66..a102fcbba 100644
--- a/bundle/manifests/volsync.clusterserviceversion.yaml
+++ b/bundle/manifests/volsync.clusterserviceversion.yaml
@@ -55,11 +55,11 @@ metadata:
         }
       ]
     capabilities: Basic Install
-    createdAt: "2026-03-13T15:41:32Z"
-    olm.skipRange: '>=0.4.0 <0.16.0'
+    createdAt: "2026-06-24T19:28:52Z"
+    olm.skipRange: '>=0.4.0 <0.16.1'
     operators.operatorframework.io/builder: operator-sdk-v1.42.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v4
-  name: volsync.v0.16.0
+  name: volsync.v0.16.1
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -484,4 +484,5 @@ spec:
   relatedImages:
   - image: quay.io/backube/volsync:latest
     name: ""
-  version: 0.16.0
+  replaces: volsync.v0.16.0
+  version: 0.16.1
diff --git a/helm/volsync/Chart.yaml b/helm/volsync/Chart.yaml
index 3eacaeb6b..c9c338ce4 100644
--- a/helm/volsync/Chart.yaml
+++ b/helm/volsync/Chart.yaml
@@ -24,32 +24,8 @@ annotations: # https://artifacthub.io/docs/topics/annotations/helm/
   # Changelog for current chart & app version
   # Kinds: added, changed, deprecated, removed, fixed, and security
   artifacthub.io/changes: |
-    - kind: changed
-      description: Restic updated to v0.18.1
-    - kind: changed
-      description: Rclone updated to v1.74.2
-    - kind: changed
-      description: controller-runtime updated to v0.23.2, migrated to events.EventRecorder
-    - kind: changed
-      description: Krew plugin now released for macOS
-    - kind: changed
-      description: Restic supports Azure workload identity env vars
-    - kind: changed
-      description: Dropped unnecessary perl package from container image, replaced with python3
-    - kind: changed
-      description: Removed unused Syncthing insecureAllowOldTLSVersions option
     - kind: fixed
-      description: rsync-tls now properly munges/unmunges symlinks during sync
-    - kind: fixed
-      description: Rclone getfacl no longer follows symlinks
-    - kind: security
-      description: rsync-tls enforces TLS 1.3 as minimum version
-    - kind: security
-      description: rsync-tls Prevent stunnel DH param regeneration on every run
-    - kind: security
-      description: rsync-tls sets ciphers per OpenShift TLS profile compliance
-    - kind: security
-      description: Controller metrics endpoint checks central OpenShift TLS profile
+      description: Restic optional env vars - only set in job if key exists in secret
   artifacthub.io/crds: |
     - kind: ReplicationDestination
       version: v1alpha1
@@ -76,10 +52,10 @@ kubeVersion: "^1.20.0-0"
 # This is the chart version. This version number should be incremented each time
 # you make changes to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: "0.16.0"
+version: "0.16.1"
 
 # This is the version number of the application being deployed. This version
 # number should be incremented each time you make changes to the application.
 # Versions are not expected to follow Semantic Versioning. They should reflect
 # the version the application is using. It is recommended to use it with quotes.
-appVersion: "0.16.0"
+appVersion: "0.16.1"
diff --git a/version.mk b/version.mk
index 6feb9dabf..0f936d863 100644
--- a/version.mk
+++ b/version.mk
@@ -9,9 +9,9 @@
 #
 # Bundle Version being built right now and channels to use
 #
-VERSION := 0.16.0
+VERSION := 0.16.1
 # REPLACES_VERSION should be left empty for the first version in a new channel (See more info in Procedures.md)
-REPLACES_VERSION :=
+REPLACES_VERSION := 0.16.0
 OLM_SKIPRANGE := '>=0.4.0 <$(VERSION)'
 CHANNELS := stable,stable-0.16
 DEFAULT_CHANNEL := stable