MikeBench I assume you're using a passphrase between 10 and 12 words ? Have you looked into threat models to see if this isn't overkill for you ?
Informations here, how encryption is implemented in GrapheneOS :
https://grapheneos.org/faq#security-and-privacy
What is a threat model :
https://opsec101.org/
https://cheatsheetseries.owasp.org/cheatsheets/Threat_Modeling_Cheat_Sheet.html
My opinion is that 70 characters for the first unlock and 60 characters (random password or random passphrase) for the second unlock after fingerprint recognition is completely overkill for most users, for my part on my device, I use a random 6-digit PIN code for the first unlock, and a fingerprint + random 4-digit PIN code for the second unlock. Keep in mind that Google Pixel phones from generation 6 onwards use the Titan M 2 (for generation 2) security chip which makes a simple 6- to 8-digit PIN code secure for most users. The Titan M (M for mobile) is a derivative of the Titan chip used in Google Cloud infrastructure, adapted for mobile devices.
Information about what Titan M is and what it does :
https://blog.google/products/pixel/titan-m-makes-pixel-3-our-most-secure-phone-yet/
https://cloud.google.com/blog/products/identity-security/titan-in-depth-security-in-plaintext?hl=en
https://security.googleblog.com/2021/10/pixel-6-setting-new-standard-for-mobile.html
Users who do not want to trust the Secure Element (Titan M) can use a strong passphrase. Just four random words is already much stronger than a six-digit PIN when Secure Element is taken into account, and you can use between seven and eight words to prevent a brute force attack if Secure Element is compromised. To date, there is no evidence that Titan M 2 has been compromised, and the exploit would likely cost millions of dollars.
MikeBench If example I turned my phone completely off and it's in BFU is there any way a adversary can enable the fingerprint after reboot to skip the encryption password?
No, if the device is in BFU mode, it must first be unlocked using the first unlocking method.