diff --git a/electrum/wallet.py b/electrum/wallet.py
index 3439f34c4..66664d95b 100644
--- a/electrum/wallet.py
+++ b/electrum/wallet.py
@@ -509,11 +509,15 @@ class Abstract_Wallet(ABC, Logger, EventListener):
         return self.config.ENABLE_ANCHOR_CHANNELS and self.has_channels()
 
     def can_have_lightning(self) -> bool:
-        # we want static_remotekey to be a wallet address
-        return self.txin_type == 'p2wpkh'
+        if self.config.ENABLE_ANCHOR_CHANNELS:
+            # this excludes hardware wallets, watching-only wallets
+            return self.can_have_deterministic_lightning()
+        else:
+            # we want static_remotekey to be a wallet address
+            return self.txin_type == 'p2wpkh'
 
     def can_have_deterministic_lightning(self) -> bool:
-        if not self.can_have_lightning():
+        if not self.txin_type == 'p2wpkh':
             return False
         if not self.keystore:
             return False