diff --git a/.gitmodules b/.gitmodules
index a88d786a2d..180da71ad4 100644
--- a/.gitmodules
+++ b/.gitmodules
@@ -1,3 +1,4 @@
 [submodule "secp256k1"]
 	path = secp256k1
 	url = https://github.com/pm47/secp256k1.git
+	branch = parse
diff --git a/secp256k1 b/secp256k1
index cd329dbc3e..2e16ac7d6c 160000
--- a/secp256k1
+++ b/secp256k1
@@ -1 +1 @@
-Subproject commit cd329dbc3eaf096ae007e807b86b6f5947621ee3
+Subproject commit 2e16ac7d6ca09f9e06be740c39e3009aeb85324c