Thanks. I understand how it works but without knowing the design internals of the active speakers then it’s impossible to know if the analogue inputs go through an ADC before then going through a DAC like the Kefs. I failed to mention the ADC but wasn’t sure if some digital conversion was used at some point in the chain from the analogue inputs on my Kanto speakers - I understand it would also need an ADC for this too. And it seems this is the case for the Kefs but not the Kanto. So I’ve definitely learned something today about how active speakers vary in design. I know about ADC, DAC etc.
I have been experimenting changing outputs on my Ultra between optical and line out. I first matched by ear the volume levels between the line and optical out - 1 Vrms seemed about the same. I also noticed that a new menu option appeared when selecting line out: DAC digital filter type (reassuring

). Swapping between the two outputs of the Ultra there wasn’t a huge difference but the line out to me seemed to have better highlights on some of the tracks I use to listen for sound quality. I wasn’t sure what to expect but was interested to find out if there was much of a difference if at all. At least I know for sure I’m using only one DAC in the chain and only within the Ultra. I’ll experiment some more but I’ll leave my Ultra on line out for now. Thanks for everyone’s replies and maybe this discussion might be of help to others if they have the same question.