Interesting, though neither is what I see most people settling on. Most use only one high quality pre-streamer switch; and those that use two switches have the second one just 1m of so from the general purpose router to separate out the audio network at the earliest possible opportunity (as some do with a second router). Any long run, whether optical or copper, is typically from there to the listening room which has only the one switch in it.
Two switches so close together is usually called daisychaining or cascading and only brings an audible difference if the pre-streamer switch is sub-optimal. I’d describe your options as both having a pre-streamer switch and a pre-pre-streamer-switch switch!