For commercial applications grounded interconnects can absolutely be what you want - they may be a necessity. For connecting two pieces of home audio equipment with a relatively short run of Ethernet cable, I think having no ground connection can help to keep things simple and eliminate common problems.
If you’ve got big RFI/EMI interference problems maybe you want to go to optical Ethernet cable, but I think that’s probably a little beyond the scope of the current discussion.
Will work fine, you just don’t want to have it plugged in at the same time as the USB cable because of the possibility of ground loops Agoldnear mentioned.
It’s going to matter where that drain is connected to ground/earth… and how it is implemented in the design architecture of the cable type… There is going to be a common ground/earth in these systems and optical will solve the noise potential gremlins.
It’s a given… however having insights about factors that may or may not play into the quality of the perceived assessment of the playback on his system, is still important.
Many recordings have been ruined for posterity by the employment of the Apex Aural Exciter which really came to the fore during the Cassette Era for competitive reasons…
My late friend and colleague, Clifton Whyte, was the live sound engineer for Public Enemy when touring Europe. I remember him ‘riding’ the faders on console, in a delicate balancing act between non-feedback/feedback, never going over the edge but just on it, that’s aural excitement, and powerful music is all the better for it, your insides wobble and your senses tingle, it’s an awesome feeling.
Here I use a Cat6 cable from the router to the Mac Mini M2 that I assembled myself.
For the DACs I use AudioQuest Cinnamon USB cables.
No noise that I notice.
After a few hours of tests, the USB solution seems more enjoyable to me.
Listening to MQA tracks with USB connection, Audirvana Studio gives more information about the MQA track:
With UPnP connection, this information is not displayed by Audirvana App.