I do the same and use ugrd. I think dracut would also work.
You just set the resume kernel parameter to the decrypted memory device with the swapfile offset.
As long as the initrd attempts a resume after it decrypted all volumes it'll work, and the initrd doesn't even need to understand why and what was resumed from

btrfs's handling makes sense. The kernel talks to the disk directly, the file is just a pointer for what range it uses, and a placeholder for the filesystem. Something like raid, balancing, cow, all won't work because the kernel doesn't even go through btrfs to change the swap"file".
If you want a proper file as swapfile, with the corresponding overhead, you can make a regular file and mount it via loopback then use it as a swap device.

So you shut your pc down like a caveman when you do hardware upgrades or repairs or move apartments?