This could still be a feature for certain settings combinations whereby no volume control is in use, and no DSP for room correction etc...
There are some users who simply connect the Ultra to a native DSD compatible DAC via USB, it shouldn't be an impossibility to allow DSD passthrough assuming no volume control or DSP is in use.
While I appreciate that part of the value proposition of the Ultra is it's ability to operate as a preamp and with DSP, not everyone uses it that way, and the Ultra still represents value at $329 even just as a straight streamer with a display, e.g. a nice looking Squeezelite endpoint.