I use this excellent Toslink cable:
https://btpa.com/TOSLINK-XXX.html
to go from my smart TV to this reclocker (which lowers jitter for dolby digital as well as PCM):
https://ifi-audio.com/products/spdif-ipurifier/
Then this low-jitter signal is sent using my excellent $275 BNC-BNC coax cable with adapters to my SS processor. It is important to have a 4 foot cable to reduce jitter from the cable. Incredible surround-sound for movies.
You could also cable to a PCM DAC, but I would use a Synchro-Mesh reclocker instead of the iPurifier if you only need PCM playback. Lower jitter.
Steve N.
Empirical Audio