diff --git a/electrum/submarine_swaps.py b/electrum/submarine_swaps.py
index 2c8fb4e84..9325f71d2 100644
--- a/electrum/submarine_swaps.py
+++ b/electrum/submarine_swaps.py
@@ -27,7 +27,7 @@ from .transaction import PartialTxInput, PartialTxOutput, PartialTransaction, Tr
 from .transaction import script_GetOp, match_script_against_template, OPPushDataGeneric, OPPushDataPubkey
 from .util import (log_exceptions, ignore_exceptions, BelowDustLimit, OldTaskGroup, age, ca_path,
                    gen_nostr_ann_pow, get_nostr_ann_pow_amount, make_aiohttp_proxy_connector,
-                   get_running_loop, get_asyncio_loop, wait_for2)
+                   get_running_loop, get_asyncio_loop, wait_for2, run_sync_function_on_asyncio_thread)
 from .lnutil import REDEEM_AFTER_DOUBLE_SPENT_DELAY
 from .bitcoin import dust_threshold, DummyAddress
 from .logging import Logger
@@ -956,8 +956,8 @@ class SwapManager(Logger):
             self.is_initialized.set()
             self.pairs_updated.set()
             self.pairs_updated.clear()
-        loop = get_asyncio_loop()
-        loop.call_soon_threadsafe(trigger)
+
+        run_sync_function_on_asyncio_thread(trigger, block=True)
 
     def server_maybe_trigger_liquidity_update(self) -> None:
         """
diff --git a/electrum/util.py b/electrum/util.py
index cc231ba89..e4a56b44d 100644
--- a/electrum/util.py
+++ b/electrum/util.py
@@ -53,6 +53,7 @@ from abc import abstractmethod, ABC
 import socket
 import enum
 from contextlib import nullcontext
+import traceback
 
 import attr
 import aiohttp
@@ -1709,6 +1710,41 @@ def _set_custom_task_factory(loop: asyncio.AbstractEventLoop):
     loop.set_task_factory(factory)
 
 
+def run_sync_function_on_asyncio_thread(func: Callable, *, block: bool) -> None:
+    """Run a non-async fn on the asyncio thread. Can be called from any thread.
+
+    If the current thread is already the asyncio thread, func is guaranteed
+    to have been completed when this method returns.
+
+    For any other thread, we only wait for completion if `block` is True.
+    """
+    assert not asyncio.iscoroutinefunction(func), "func must be a non-async function"
+    asyncio_loop = get_asyncio_loop()
+    if get_running_loop() == asyncio_loop:  # we are running on the asyncio thread
+        func()
+    else:  # non-asyncio thread
+        async def wrapper():
+            return func()
+        fut = asyncio.run_coroutine_threadsafe(wrapper(), loop=asyncio_loop)
+        if block:
+            fut.result()
+        else:
+            # add explicit logging of exceptions, otherwise they might get lost
+            tb1 = traceback.format_stack()[:-1]
+            tb1_str = "".join(tb1)
+            def on_done(fut_: concurrent.futures.Future):
+                assert fut_.done()
+                if fut_.cancelled():
+                    _logger.debug(f"func cancelled. {func=}.")
+                elif exc := fut_.exception():
+                    # note: We explicitly log the first part of the traceback, tb1_str.
+                    #       The second part gets logged by setting "exc_info".
+                    _logger.error(
+                        f"func errored. {func=}. {exc=}"
+                        f"\n{tb1_str}", exc_info=exc)
+            fut.add_done_callback(on_done)
+
+
 class OrderedDictWithIndex(OrderedDict):
     """An OrderedDict that keeps track of the positions of keys.
 
@@ -1890,14 +1926,7 @@ class CallbackManager(Logger):
                         self.logger.error(f"cb errored. {event=}. {exc=}", exc_info=exc)
                 fut.add_done_callback(on_done)
             else:  # non-async cb
-                # note: the cb needs to run in the asyncio thread
-                if get_running_loop() == loop:
-                    # run callback immediately, so that it is guaranteed
-                    # to have been executed when this method returns
-                    callback(*args)
-                else:
-                    # note: if cb raises, asyncio will log the exception
-                    loop.call_soon_threadsafe(callback, *args)
+                run_sync_function_on_asyncio_thread(partial(callback, *args), block=False)
 
 
 callback_mgr = CallbackManager()