diff --git a/Cargo.lock b/Cargo.lock
index 71a01ed3e5..474be83a91 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -6619,9 +6619,9 @@ dependencies = [
 
 [[package]]
 name = "spl-concurrent-merkle-tree"
-version = "0.2.0"
+version = "0.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "141eaea58588beae81b71d101373a53f096737739873de42d6b1368bc2b8fc30"
+checksum = "a14033366e14117679851c7759c3d66c6430a495f0523bd88076d3a275828931"
 dependencies = [
  "bytemuck",
  "solana-program",
diff --git a/program-libs/concurrent-merkle-tree/Cargo.toml b/program-libs/concurrent-merkle-tree/Cargo.toml
index b7a9941936..c1cc334b55 100644
--- a/program-libs/concurrent-merkle-tree/Cargo.toml
+++ b/program-libs/concurrent-merkle-tree/Cargo.toml
@@ -26,7 +26,7 @@ light-merkle-tree-reference = { workspace = true }
 light-hash-set = { workspace = true, features = ["solana"] }
 rand = { workspace = true }
 solana-program = { workspace = true }
-spl-concurrent-merkle-tree = { version = "0.2.0", default-features = false }
+spl-concurrent-merkle-tree = { version = "0.4.1", default-features = false }
 tokio = { workspace = true }
 num-bigint = { workspace = true }
 num-traits = { workspace = true }