diff --git a/charts/spire-crds/Chart.yaml b/charts/spire-crds/Chart.yaml
index 1dfea9734..0ccccc099 100644
--- a/charts/spire-crds/Chart.yaml
+++ b/charts/spire-crds/Chart.yaml
@@ -3,7 +3,7 @@ name: spire-crds
 description: >
   A Helm chart for deploying the Spire CRDS
 type: application
-version: 0.4.0
+version: 0.5.0
 appVersion: "0.0.1"
 keywords: ["spire-crds"]
 home: https://github.com/spiffe/helm-charts-hardened/tree/main/charts/spire