diff --git a/Cargo.lock b/Cargo.lock
index bb2a9b7dab..17e7574623 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -503,7 +503,7 @@ checksum = "98cc8fbded0c607b7ba9dd60cd98df59af97e84d24e49c8557331cfc26d301ce"
 
 [[package]]
 name = "cli-wallet"
-version = "2.0.0-alpha.1"
+version = "2.0.0-beta.1"
 dependencies = [
  "chrono",
  "clap",
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index ed31d065e7..45ea1fa631 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cli-wallet"
-version = "2.0.0-alpha.1"
+version = "2.0.0-beta.1"
 authors = ["IOTA Stiftung"]
 edition = "2021"
 homepage = "https://iota.org"