I used this in comparison to the HDFury Arcana, several YouTube videos on it and it does work with Xbox/ps5/Apple TV, I have it connected to my arc and to Earc on the tv. Your Tv must have Arc or Earc. I got it on sale for $90 a few months ago.

https://www.amazon.com/gp/product/B097NXXDG6/ref=ppx_od_dt_b_asin_title_s00?ie=UTF8&psc=1