diff --git a/pkgs/development/python-modules/blspy/default.nix b/pkgs/development/python-modules/blspy/default.nix
index 41d8c13dc56e..929f1c90b7ce 100644
--- a/pkgs/development/python-modules/blspy/default.nix
+++ b/pkgs/development/python-modules/blspy/default.nix
@@ -48,6 +48,13 @@ buildPythonPackage rec {
     })
   ];
 
+  # ImportError: cannot import name 'setuptools' from 'setuptools'
+  # this is resolved in the next release, v2
+  postPatch = ''
+    substituteInPlace setup.py \
+      --replace "from setuptools import Extension, setup, setuptools" "from setuptools import Extension, setup"
+  '';
+
   nativeBuildInputs = [ cmake setuptools-scm ];
 
   buildInputs = [ boost gmp.static pybind11 ];