diff --git a/deploy/charts/operator/values.yaml b/deploy/charts/operator/values.yaml
index e4b9a6dee9..f53e3d3db7 100644
--- a/deploy/charts/operator/values.yaml
+++ b/deploy/charts/operator/values.yaml
@@ -206,7 +206,7 @@ operator:
 # -- All values for the registry API deployment and associated resources
 registryAPI:
   # -- Container image for the registry API
-  image: "ghcr.io/stacklok/thv-registry-api:v0.4.8"
+  image: "ghcr.io/stacklok/thv-registry-api:v0.5.0"
   # -- Service account configuration for the registry API
   serviceAccount:
     # -- Automatically mount a ServiceAccount's API credentials