diff --git a/Cargo.lock b/Cargo.lock
index 36ddf68a..6e0ba0e3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -498,9 +498,9 @@ dependencies = [
 
 [[package]]
 name = "coins-ledger"
-version = "0.3.0"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ca01c92b1270aac4a5552349502daa7c05a466e8ce5a8bbf318775a151e93fb8"
+checksum = "c8173742233f2ff93752a625165947e308172938a1c5e6e85357b7b32d12d287"
 dependencies = [
  "async-trait",
  "blake2b_simd",
diff --git a/ethers-signers/Cargo.toml b/ethers-signers/Cargo.toml
index a4d60d60..c9d5e030 100644
--- a/ethers-signers/Cargo.toml
+++ b/ethers-signers/Cargo.toml
@@ -18,7 +18,7 @@ ethers-core = { version = "0.4.0", path = "../ethers-core" }
 thiserror = { version = "1.0.24", default-features = false }
 coins-bip32 = "0.3.0"
 coins-bip39 = "0.3.0"
-coins-ledger = { version = "0.3.0", default-features = false, optional = true }
+coins-ledger = { version = "0.4.0", default-features = false, optional = true }
 hex = { version = "0.4.3", default-features = false, features = ["std"] }
 async-trait = { version = "0.1.50", default-features = false }
 elliptic-curve = { version = "0.10.5", default-features = false }