diff --git a/Cargo.lock b/Cargo.lock
index c0ba7fee..e67afd8e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3067,9 +3067,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-core"
-version = "0.1.19"
+version = "0.1.20"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2ca517f43f0fb96e0c3072ed5c275fe5eece87e8cb52f4a77b69226d3b1c9df8"
+checksum = "46125608c26121c81b0c6d693eab5a420e416da7e43c426d2e8f7df8da8a3acf"
 dependencies = [
  "lazy_static",
 ]
@@ -3107,9 +3107,9 @@ dependencies = [
 
 [[package]]
 name = "tracing-subscriber"
-version = "0.2.20"
+version = "0.2.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b9cbe87a2fa7e35900ce5de20220a582a9483a7063811defce79d7cbd59d4cfe"
+checksum = "f7d29c0f56bcd17117430bc60fd10624b419ab8a3b5c358796a31e9a37a83a65"
 dependencies = [
  "ansi_term",
  "chrono",
diff --git a/ethers-signers/Cargo.toml b/ethers-signers/Cargo.toml
index c43420bb..6a6907fe 100644
--- a/ethers-signers/Cargo.toml
+++ b/ethers-signers/Cargo.toml
@@ -39,7 +39,7 @@ spki = { version = "0.4.0", optional = true }
 eth-keystore = { version = "0.3.0" }
 
 [dev-dependencies]
-tracing-subscriber = "0.2.20"
+tracing-subscriber = "0.2.21"
 yubihsm = { version = "0.39.0", features = ["secp256k1", "usb", "mockhsm"] }
 
 [target.'cfg(not(target_arch = "wasm32"))'.dev-dependencies]