The headline of this update is the addition of Season 1's third DLC character and associated content: Heihachi Mishima : The "Iron Grandpa" returns as a playable fighter. GENMAJI TEMPLE

, and Eddy. Notably, players can use these DLC characters for free within this specific mode. Major System Adjustments

If you already installed the massive 1.08 update (which added story DLC and the new arena), version 1.08.01 is a focused hotfix. Here is the breakdown of changes based on official patch notes and community data-mining.