I haven’t used Etherregen but have used generic FMC module powered with 5v LPS to good effect.I'd be careful with some of those devices and not just blindly buying because of the reputable brand name. I don't know much about those devices as I haven't researched them but I know the uptone etherregen is not good.
As in the case with the ifi igalvanic, I had one and it degraded the sound quality on my system quite severely. It did reduce noise but the consequence in the way it was doing it was that it compressed the sound, flattened the bass and killed the liveliness in the music.
Ifi makes some great products but the igalvanic was not one of them, theres a reason why they discontinued it.
Not sure what Etherregen or Sonore Optical module offers.