diff --git a/pkgs/development/python-modules/bootstrapped-pip/default.nix b/pkgs/development/python-modules/bootstrapped-pip/default.nix
index 1a20639c2dea..88209ad3fd1b 100644
--- a/pkgs/development/python-modules/bootstrapped-pip/default.nix
+++ b/pkgs/development/python-modules/bootstrapped-pip/default.nix
@@ -9,9 +9,9 @@ let
   };
   setuptools_source = fetchPypi {
     pname = "setuptools";
-    version = "38.2.5";
+    version = "38.4.0";
     format = "wheel";
-    sha256 = "bcf0d4f3e2f7890e658db11e218b8643afffb905a0e2f2a7d5a6a3e949bb87e6";
+    sha256 = "155c2ec9fdcc00c3973d966b416e1cf3a1e7ce75f4c09fb760b23f94b935926e";
   };
 
   # TODO: Shouldn't be necessary anymore for pip > 9.0.1!