Node 2i Coax Out

So... I bought a node 2i for its Roon streamer capabilities. I want to use it with my external DAC (schiit Gungnir Multibit). As I’m researching I’m reading some disappointing stuff... 
can the node 2i really only output 24/96 over coax?!!!
 Should I return this?
Why wouldn’t it just pass whatever data was sent to it if it’s bypassing the DAC? 

Please advise! 
A’goners Assemble!