diff --git a/pkgs/by-name/ta/taproot-assets/package.nix b/pkgs/by-name/ta/taproot-assets/package.nix
index 04618d79b098..a91bf5c2aa7b 100644
--- a/pkgs/by-name/ta/taproot-assets/package.nix
+++ b/pkgs/by-name/ta/taproot-assets/package.nix
@@ -6,16 +6,16 @@
 
 buildGoModule rec {
   pname = "taproot-assets";
-  version = "0.4.1";
+  version = "0.5.0";
 
   src = fetchFromGitHub {
     owner = "lightninglabs";
     repo = "taproot-assets";
     rev = "v${version}";
-    hash = "sha256-aQYVPSDudLK4ZBcBN/wNjVoF/9inOaJRbcyTP6VMdA0=";
+    hash = "sha256-XOEbrz0kFJKoYG91VUeSAuMVJRfGRNTQ8jucMtnvxJo=";
   };
 
-  vendorHash = "sha256-IFzYW5vAtBoUC2ebFYnxS/TojQR4kXxQACNbyn2ZkCs=";
+  vendorHash = "sha256-hDmRyWSf4jokomfJQBLlIbm9I3v2/sg/xD52BW3Wvy4=";
 
   subPackages = [
     "cmd/tapcli"