diff --git a/docs/conf.py b/docs/conf.py
index f2dee00e1..e6e7a2e1b 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -27,7 +27,7 @@
 # The short X.Y version
 version = ''
 # The full version, including alpha/beta/rc tags
-release = '0.21.0'
+release = '0.21.1'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/qiskit_ibm_runtime/VERSION.txt b/qiskit_ibm_runtime/VERSION.txt
index 885415662..a67cebaf7 100644
--- a/qiskit_ibm_runtime/VERSION.txt
+++ b/qiskit_ibm_runtime/VERSION.txt
@@ -1 +1 @@
-0.21.0
+0.21.1
diff --git a/releasenotes/notes/0.21/primitive-import-bug-a9065780a8fdd436.yaml b/releasenotes/notes/0.21/primitive-import-bug-a9065780a8fdd436.yaml
new file mode 100644
index 000000000..5b1931af1
--- /dev/null
+++ b/releasenotes/notes/0.21/primitive-import-bug-a9065780a8fdd436.yaml
@@ -0,0 +1,6 @@
+---
+fixes:
+  - |
+    Fixed a bug where ``SamplerV1`` and ``EstimatorV1`` could not be imported
+    because of an issue with how the aliases were defined. 
+