diff --git a/package.json b/package.json
index 2e09be3..ddd270c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/internal-snaps-monorepo",
-  "version": "0.0.0",
+  "version": "1.0.0",
   "private": true,
   "description": "Monorepo for firt-party snaps",
   "repository": {
diff --git a/packages/bitcoin-wallet-snap/CHANGELOG.md b/packages/bitcoin-wallet-snap/CHANGELOG.md
index bdf6d4a..81707cb 100644
--- a/packages/bitcoin-wallet-snap/CHANGELOG.md
+++ b/packages/bitcoin-wallet-snap/CHANGELOG.md
@@ -7,8 +7,11 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [1.16.0]
+
 ### Changed
 
 - This package was migrated from [snap-bitcoin-wallet](https://github.com/MetaMask/snap-bitcoin-wallet). See the source repository for the original [changelog](https://github.com/MetaMask/snap-bitcoin-wallet/blob/main/packages/snap/CHANGELOG.md).
 
-[Unreleased]: https://github.com/MetaMask/internal-snaps/
+[Unreleased]: https://github.com/MetaMask/internal-snaps/compare/@metamask/bitcoin-wallet-snap@1.16.0...HEAD
+[1.16.0]: https://github.com/MetaMask/internal-snaps/releases/tag/@metamask/bitcoin-wallet-snap@1.16.0
diff --git a/packages/bitcoin-wallet-snap/package.json b/packages/bitcoin-wallet-snap/package.json
index 18d6b74..4d3e116 100644
--- a/packages/bitcoin-wallet-snap/package.json
+++ b/packages/bitcoin-wallet-snap/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/bitcoin-wallet-snap",
-  "version": "1.15.0",
+  "version": "1.16.0",
   "description": "A Bitcoin wallet Snap",
   "keywords": [
     "Ethereum",
diff --git a/packages/bitcoin-wallet-snap/snap.manifest.json b/packages/bitcoin-wallet-snap/snap.manifest.json
index d726aa6..914ca27 100644
--- a/packages/bitcoin-wallet-snap/snap.manifest.json
+++ b/packages/bitcoin-wallet-snap/snap.manifest.json
@@ -1,5 +1,5 @@
 {
-  "version": "1.15.0",
+  "version": "1.16.0",
   "description": "Manage Bitcoin using MetaMask",
   "proposedName": "Bitcoin",
   "repository": {
@@ -7,7 +7,7 @@
     "url": "https://github.com/MetaMask/internal-snaps.git"
   },
   "source": {
-    "shasum": "DU+UUHmv9yx6wtTo5LTjheE6ac2AaqEqy62smhRD0Xo=",
+    "shasum": "DGRddbZ2KViGiWLG30WtS5h0u25R+1J5ssVD52+THyo=",
     "location": {
       "npm": {
         "filePath": "dist/bundle.js",