diff --git a/bundle/manifests/volsync.clusterserviceversion.yaml b/bundle/manifests/volsync.clusterserviceversion.yaml
index 2900556db..b63dd0d44 100644
--- a/bundle/manifests/volsync.clusterserviceversion.yaml
+++ b/bundle/manifests/volsync.clusterserviceversion.yaml
@@ -55,11 +55,11 @@ metadata:
         }
       ]
     capabilities: Basic Install
-    createdAt: "2024-05-07T13:27:54Z"
-    olm.skipRange: '>=0.4.0 <0.10.0'
+    createdAt: "2024-09-06T19:45:16Z"
+    olm.skipRange: '>=0.4.0 <0.10.1'
     operators.operatorframework.io/builder: operator-sdk-v1.31.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v3
-  name: volsync.v0.10.0
+  name: volsync.v0.10.1
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -612,4 +612,5 @@ spec:
   relatedImages:
   - image: quay.io/backube/volsync:latest
     name: ""
-  version: 0.10.0
+  replaces: volsync.v0.10.0
+  version: 0.10.1
diff --git a/version.mk b/version.mk
index 962ad48cc..ae307308d 100644
--- a/version.mk
+++ b/version.mk
@@ -9,9 +9,9 @@
 #
 # Bundle Version being built right now and channels to use
 #
-VERSION := 0.10.0
+VERSION := 0.10.1
 # REPLACES_VERSION should be left empty for the first version in a new channel (See more info in Procedures.md)
-REPLACES_VERSION :=
+REPLACES_VERSION := 0.10.0
 OLM_SKIPRANGE := '>=0.4.0 <$(VERSION)'
 CHANNELS := stable,stable-0.10
 DEFAULT_CHANNEL := stable