diff --git a/lbry/extras/daemon/components.py b/lbry/extras/daemon/components.py
index 5271c1558..8a08be97a 100644
--- a/lbry/extras/daemon/components.py
+++ b/lbry/extras/daemon/components.py
@@ -146,6 +146,7 @@ class WalletComponent(Component):
             best_hash = await self.wallet_manager.get_best_blockhash()
             result.update({
                 'headers_synchronization_progress': progress,
+                'wallet_syncing': len(self.wallet_manager.ledger._update_tasks) > 0,
                 'blocks': max(local_height, 0),
                 'blocks_behind': max(remote_height - local_height, 0),
                 'best_blockhash': best_hash,
diff --git a/lbry/wallet/ledger.py b/lbry/wallet/ledger.py
index cfd89b6ee..6e9607b58 100644
--- a/lbry/wallet/ledger.py
+++ b/lbry/wallet/ledger.py
@@ -334,7 +334,7 @@ class Ledger(metaclass=LedgerRegistry):
         log.info("Subscribing and updating accounts.")
         async with self._header_processing_lock:
             await self._update_tasks.add(self.initial_headers_sync())
-        await self.subscribe_accounts()
+        await self._update_tasks.add(self.subscribe_accounts())
         await self._update_tasks.done.wait()
         self._on_ready_controller.add(True)
 
diff --git a/lbry/wallet/tasks.py b/lbry/wallet/tasks.py
index 05bf9af83..f57b55f5f 100644
--- a/lbry/wallet/tasks.py
+++ b/lbry/wallet/tasks.py
@@ -8,6 +8,9 @@ class TaskGroup:
         self._tasks = set()
         self.done = Event()
 
+    def __len__(self):
+        return len(self._tasks)
+
     def add(self, coro):
         task = self._loop.create_task(coro)
         self._tasks.add(task)
diff --git a/tests/integration/blockchain/test_wallet_commands.py b/tests/integration/blockchain/test_wallet_commands.py
index c65fdfb10..6bb98c324 100644
--- a/tests/integration/blockchain/test_wallet_commands.py
+++ b/tests/integration/blockchain/test_wallet_commands.py
@@ -1,5 +1,6 @@
 import asyncio
 import json
+import os
 
 from lbry.wallet import ENCRYPT_ON_DISK
 from lbry.error import InvalidPasswordError
@@ -19,6 +20,17 @@ class WalletCommands(CommandTestCase):
         await self.daemon.jsonrpc_wallet_add(wallet.id)
         self.assertEqual(len(session.hashX_subs), 28)
 
+    async def test_wallet_syncing_status(self):
+        address = await self.daemon.jsonrpc_address_unused()
+        sendtxid = await self.blockchain.send_to_address(address, 1)
+
+        async def eventually_will_sync():
+            while not (await self.daemon.jsonrpc_status())['wallet']['wallet_syncing']:
+                pass
+        check_sync = asyncio.create_task(eventually_will_sync())
+        await self.confirm_tx(sendtxid, self.ledger)
+        await asyncio.wait_for(check_sync, timeout=10)
+
     async def test_wallet_reconnect(self):
         await self.conductor.spv_node.stop(True)
         self.conductor.spv_node.port = 54320