diff --git a/CHANGELOG.md b/CHANGELOG.md
index b56f9e2..a6f32f4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [UNRELEASED]
 
+## [0.16.1] - 2022-10-20
+
 ### Fixed
 
 - Ensure that async functions are not being passed off to the threadpool.
diff --git a/VERSION b/VERSION
index 04a373e..2a0970c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.16.0
+0.16.1