Is it possible this has something to do with the fact that the Elac PPA-2 is a somewhat different phono stage in that it has separate chassis ground and signal ground pins. The PPA-2 floats signal ground above chassis ground according to Peter Madnick in the youtube video he put out describing the PPA-2.
@mitchellcp , I know you posted this earlier, but it bears repeating - from the manual: "However, you must be careful that the shell of the XLR is not connected directly to the ground line within the XLR connector. They SHOULD be independent. The shell is the external shield of the cable and connector, and should be the CHASSIS connection."
This implies to me that with a singled ended RCA connection, inside the PPA-2, Mr Madnick connects the RCA shields (which in the single ended configuration are connected to the negative pins on the cartridge) to the chassis ground, and then has a path to the IEC connector and to ground at your outlet - thus the static generated signal has a place to go that is not in the signal path. This is easily verified with a DMM on connectivity mode - just put one probe on an RCA shield and the other probe on the ground pin on the IEC. I am almost certain it will beep.