diff --git a/lib/eth/version.rb b/lib/eth/version.rb
index b3b6ef94..1b96b341 100644
--- a/lib/eth/version.rb
+++ b/lib/eth/version.rb
@@ -16,5 +16,5 @@
 module Eth
 
   # Defines the version of the {Eth} module.
-  VERSION = "0.5.7".freeze
+  VERSION = "0.5.8".freeze
 end
diff --git a/spec/eth_spec.rb b/spec/eth_spec.rb
index bc52d3fc..fd501c9f 100644
--- a/spec/eth_spec.rb
+++ b/spec/eth_spec.rb
@@ -1,9 +1,9 @@
 require "spec_helper"
 
 describe Eth do
-  it "0.5.7 works" do
+  it "0.5.8 works" do
 
     # placeholder to set up spec in future
-    expect(Eth::VERSION).to eq "0.5.7"
+    expect(Eth::VERSION).to eq "0.5.8"
   end
 end