diff --git a/ethers-signers/Cargo.toml b/ethers-signers/Cargo.toml
index ec8e3ea67..b4ead43d8 100644
--- a/ethers-signers/Cargo.toml
+++ b/ethers-signers/Cargo.toml
@@ -26,7 +26,7 @@ all-features = true
 ethers-core.workspace = true
 
 # crypto
-coins-bip32 = "0.8.3"
+coins-bip32 = "0.11.1"
 coins-bip39 = "0.8.6"
 elliptic-curve.workspace = true
 sha2.workspace = true