A touch panel having a shielding layer and a manufacturing method thereof is provided. A manufacturing method of the touch panel comprises the steps of forming a plurality of first conductive axes and a plurality of second conductive units on a substrate; covering the first conductive axes and the second conductive units with an insulating layer and exposing at least a partial set of second conductive units; and forming a plurality of bridging structures and a shielding layer on the insulating layer simultaneously, wherein the bridging structures electrically connect to the second conductive units. The proposed method allows the shielding layer to be formed during the formation of the bridging structures, thereby eliminating the step of forming the shielding layer separately through an independent process, which saves costs and time.