diff --git a/build/lib/stylelint/vscode-known-variables.json b/build/lib/stylelint/vscode-known-variables.json
index 272347c6c99..148aa2786dd 100644
--- a/build/lib/stylelint/vscode-known-variables.json
+++ b/build/lib/stylelint/vscode-known-variables.json
@@ -128,7 +128,6 @@
 		"--vscode-dropdown-foreground",
 		"--vscode-dropdown-listBackground",
 		"--vscode-editor-background",
-		"--vscode-editor-collapsedText",
 		"--vscode-editor-findMatchBackground",
 		"--vscode-editor-findMatchBorder",
 		"--vscode-editor-findMatchForeground",
@@ -139,6 +138,7 @@
 		"--vscode-editor-findRangeHighlightBorder",
 		"--vscode-editor-focusedStackFrameHighlightBackground",
 		"--vscode-editor-foldBackground",
+		"--vscode-editor-foldPlaceholderForeground",
 		"--vscode-editor-foreground",
 		"--vscode-editor-hoverHighlightBackground",
 		"--vscode-editor-inactiveSelectionBackground",
diff --git a/src/vs/editor/contrib/folding/browser/folding.css b/src/vs/editor/contrib/folding/browser/folding.css
index 9a7c91ced43..5f7ab05db78 100644
--- a/src/vs/editor/contrib/folding/browser/folding.css
+++ b/src/vs/editor/contrib/folding/browser/folding.css
@@ -31,7 +31,7 @@
 }
 
 .monaco-editor .inline-folded:after {
-	color: var(--vscode-editor-collapsedText);
+	color: var(--vscode-editor-foldPlaceholderForeground);
 	margin: 0.1em 0.2em 0 0.2em;
 	content: "\22EF"; /* ellipses unicode character */
 	display: inline;
diff --git a/src/vs/editor/contrib/folding/browser/foldingDecorations.ts b/src/vs/editor/contrib/folding/browser/foldingDecorations.ts
index d30d019ca98..2350f9aad34 100644
--- a/src/vs/editor/contrib/folding/browser/foldingDecorations.ts
+++ b/src/vs/editor/contrib/folding/browser/foldingDecorations.ts
@@ -15,7 +15,7 @@ import { themeColorFromId } from 'vs/platform/theme/common/themeService';
 import { ThemeIcon } from 'vs/base/common/themables';
 
 const foldBackground = registerColor('editor.foldBackground', { light: transparent(editorSelectionBackground, 0.3), dark: transparent(editorSelectionBackground, 0.3), hcDark: null, hcLight: null }, localize('foldBackgroundBackground', "Background color behind folded ranges. The color must not be opaque so as not to hide underlying decorations."), true);
-registerColor('editor.collapsedText', { light: '#808080', dark: '#808080', hcDark: null, hcLight: null }, localize('collapsedTextColor', "Color of the collapsed text after the first line of a folded range."));
+registerColor('editor.foldPlaceholderForeground', { light: '#808080', dark: '#808080', hcDark: null, hcLight: null }, localize('collapsedTextColor', "Color of the collapsed text after the first line of a folded range."));
 registerColor('editorGutter.foldingControlForeground', iconForeground, localize('editorGutter.foldingControlForeground', 'Color of the folding control in the editor gutter.'));
 
 export const foldingExpandedIcon = registerIcon('folding-expanded', Codicon.chevronDown, localize('foldingExpandedIcon', 'Icon for expanded ranges in the editor glyph margin.'));