The dfx version manager (dfxvm) version 1.0.0 is released!

Developers
5 
DFXVM_INIT_YES=true DFX_VERSION=0.16.1 sh -ci "$(curl -fsSL https://sdk.dfinity.org/install.sh)"

You do still need to add the dfxvm bin directory to the path. I should have posted about this when I announced the dfxvm soft launch.