diff --git a/pkgs/development/python-modules/bip_utils/default.nix b/pkgs/development/python-modules/bip_utils/default.nix
new file mode 100644
index 00000000000..c178550eb04
--- /dev/null
+++ b/pkgs/development/python-modules/bip_utils/default.nix
@@ -0,0 +1,32 @@
+{ lib
+, buildPythonPackage
+, fetchPypi
+, ecdsa
+, pysha3
+}:
+
+buildPythonPackage rec {
+  pname = "bip_utils";
+  version = "1.0.5";
+
+  src = fetchPypi {
+    inherit pname version;
+    sha256 = "e8397a315c2f656ccf37ff1c43f5e0d496a10ea692c614fdf9bae1a3d5de3558";
+  };
+
+  propagatedBuildInputs = [ ecdsa pysha3 ];
+
+  # tests are not packaged in the released tarball
+  doCheck = false;
+
+  pythonImportsCheck = [
+    "bip_utils"
+  ];
+
+  meta = {
+    description = "Implementation of BIP39, BIP32, BIP44, BIP49 and BIP84 for wallet seeds, keys and addresses generation";
+    homepage = "https://github.com/ebellocchia/bip_utils";
+    license = with lib.licenses; [ mit ];
+    maintainers = with lib.maintainers; [ prusnak ];
+  };
+}
diff --git a/pkgs/top-level/python-packages.nix b/pkgs/top-level/python-packages.nix
index 74ffccb9fa7..cf3c2f23aab 100644
--- a/pkgs/top-level/python-packages.nix
+++ b/pkgs/top-level/python-packages.nix
@@ -523,6 +523,8 @@ in {
 
   biplist = callPackage ../development/python-modules/biplist { };
 
+  bip_utils = callPackage ../development/python-modules/bip_utils { };
+
   bitarray = callPackage ../development/python-modules/bitarray { };
 
   bitcoinlib = callPackage ../development/python-modules/bitcoinlib { };