diff --git a/srcpkgs/python-setuptools/template b/srcpkgs/python-setuptools/template
index 8ab24fb9554..011858d6c91 100644
--- a/srcpkgs/python-setuptools/template
+++ b/srcpkgs/python-setuptools/template
@@ -1,6 +1,6 @@
 # Template file for 'python-setuptools'
 pkgname=python-setuptools
-version=38.4.0
+version=38.5.1
 revision=1
 noarch=yes
 wrksrc="setuptools-${version}"
@@ -15,7 +15,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 homepage="https://github.com/pypa/setuptools"
 license="MIT"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.zip"
-checksum=6501fc32f505ec5b3ed36ec65ba48f1b975f52cf2ea101c7b73a08583fd12f75
+checksum=6425484c08e99a98a42209c25c3d325f749230b55284d66192784f941a7e6628
 alternatives="setuptools:easy_install:/usr/bin/easy_install2"
 
 export SETUPTOOLS_INSTALL_WINDOWS_SPECIFIC_FILES=0