diff --git a/.gitmodules b/.gitmodules
index a232b78dcf..6e096add4e 100644
--- a/.gitmodules
+++ b/.gitmodules
@@ -35,7 +35,6 @@
 [submodule "Externals/libspng/libspng"]
 	path = Externals/libspng/libspng
 	url = https://github.com/randy408/libspng.git
-	branch = v0.7.2
 	shallow = true
 [submodule "Externals/VulkanMemoryAllocator"]
 	path = Externals/VulkanMemoryAllocator
diff --git a/Externals/libspng/CMakeLists.txt b/Externals/libspng/CMakeLists.txt
index 8033110100..476125e045 100644
--- a/Externals/libspng/CMakeLists.txt
+++ b/Externals/libspng/CMakeLists.txt
@@ -1,10 +1,12 @@
-cmake_minimum_required(VERSION 3.0)
+option(SPNG_SHARED "Build shared lib" OFF)
+option(SPNG_STATIC "Build static lib" ON)
+option(BUILD_EXAMPLES "Build examples" OFF)
 
-project(spng C)
+set(_PREV_CMAKE_SKIP_INSTALL_RULES "${CMAKE_SKIP_INSTALL_RULES}")
+set(CMAKE_SKIP_INSTALL_RULES TRUE)
 
-add_library(spng STATIC libspng/spng/spng.c)
-target_compile_definitions(spng PUBLIC SPNG_STATIC)
-target_link_libraries(spng PUBLIC ZLIB::ZLIB)
-target_include_directories(spng PUBLIC libspng/spng)
-dolphin_disable_warnings(spng)
-add_library(spng::spng ALIAS spng)
+add_subdirectory(libspng)
+
+set(CMAKE_SKIP_INSTALL_RULES "${_PREV_CMAKE_SKIP_INSTALL_RULES}")
+
+add_library(spng::spng ALIAS spng_static)
diff --git a/Externals/libspng/libspng b/Externals/libspng/libspng
index dc5b1032c0..fb768002d4 160000
--- a/Externals/libspng/libspng
+++ b/Externals/libspng/libspng
@@ -1 +1 @@
-Subproject commit dc5b1032c08efac68ad30170f7ccbf0aa8dd55c9
+Subproject commit fb768002d4288590083a476af628e51c3f1d47cd