diff --git a/.changeset/chatty-dolphins-complain.md b/.changeset/chatty-dolphins-complain.md
deleted file mode 100644
index b2c6f2b971e2..000000000000
--- a/.changeset/chatty-dolphins-complain.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'svelte': patch
----
-
-fix: ensure unowned deriveds correctly get re-linked to the graph
diff --git a/.changeset/rotten-ligers-agree.md b/.changeset/rotten-ligers-agree.md
deleted file mode 100644
index 53c62e7602e2..000000000000
--- a/.changeset/rotten-ligers-agree.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'svelte': patch
----
-
-fix: ensure $inspect.trace works correctly with null values
diff --git a/packages/svelte/CHANGELOG.md b/packages/svelte/CHANGELOG.md
index 1bcf03e7aae0..277d1631cb94 100644
--- a/packages/svelte/CHANGELOG.md
+++ b/packages/svelte/CHANGELOG.md
@@ -1,5 +1,13 @@
 # svelte
 
+## 5.16.1
+
+### Patch Changes
+
+- fix: ensure unowned deriveds correctly get re-linked to the graph ([#14855](https://github.com/sveltejs/svelte/pull/14855))
+
+- fix: ensure $inspect.trace works correctly with null values ([#14853](https://github.com/sveltejs/svelte/pull/14853))
+
 ## 5.16.0
 
 ### Minor Changes
diff --git a/packages/svelte/package.json b/packages/svelte/package.json
index c872dcea4d8b..a054f6c6d9ed 100644
--- a/packages/svelte/package.json
+++ b/packages/svelte/package.json
@@ -2,7 +2,7 @@
   "name": "svelte",
   "description": "Cybernetically enhanced web apps",
   "license": "MIT",
-  "version": "5.16.0",
+  "version": "5.16.1",
   "type": "module",
   "types": "./types/index.d.ts",
   "engines": {
diff --git a/packages/svelte/src/version.js b/packages/svelte/src/version.js
index c66ef517d690..8a57832c96a2 100644
--- a/packages/svelte/src/version.js
+++ b/packages/svelte/src/version.js
@@ -6,5 +6,5 @@
  * https://svelte.dev/docs/svelte-compiler#svelte-version
  * @type {string}
  */
-export const VERSION = '5.16.0';
+export const VERSION = '5.16.1';
 export const PUBLIC_VERSION = '5';