Well in that case I have done something wrong because I wasn't able to do that. I haven't updated the firmware at any point.
EDIT: Man I feel stupid now I kind of answered my own question. Using RPI OS I just set the eeprom-update-stream from critical to stable and then updated the eeprom. LibreElec boots from a USB device.
How does it works ?
I have latest Firmware Updates and tried to write my Backup image (SD Card) to USB Stick and get the same error as you.
How can i solve this ?