diff --git a/CHANGELOG.md b/CHANGELOG.md
index 762b2b4c..0f51633a 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]
 
+## [0.58.0] - 2024-07-30
+
 ### Fixed
 
 - Fix syntax error with helmrelease cleanup hook.
@@ -462,7 +464,8 @@ at least 1 public IP is always needed for the ingress controller to be able to e
 
 - Initial chart implementation.
 
-[Unreleased]: https://github.com/giantswarm/cluster-vsphere/compare/v0.57.1...HEAD
+[Unreleased]: https://github.com/giantswarm/cluster-vsphere/compare/v0.58.0...HEAD
+[0.58.0]: https://github.com/giantswarm/cluster-vsphere/compare/v0.57.1...v0.58.0
 [0.57.1]: https://github.com/giantswarm/cluster-vsphere/compare/v0.57.0...v0.57.1
 [0.57.0]: https://github.com/giantswarm/cluster-vsphere/compare/v0.56.1...v0.57.0
 [0.56.1]: https://github.com/giantswarm/cluster-vsphere/compare/v0.56.0...v0.56.1
diff --git a/helm/cluster-vsphere/Chart.yaml b/helm/cluster-vsphere/Chart.yaml
index 9249d17f..1ca0cbd8 100644
--- a/helm/cluster-vsphere/Chart.yaml
+++ b/helm/cluster-vsphere/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: cluster-vsphere
-version: 0.57.1
+version: 0.58.0
 home: https://github.com/giantswarm/cluster-vsphere
 icon: https://s.giantswarm.io/app-icons/vsphere/2/icon-light.png
 sources: