iFi’s new iCan Phantom is the quirkiest headphone amp I saw at High End Munich 2023

You may know iFi Audio better as digital audio specialists offering a variety of DACs in a variety of form factors and very affordable prices (Zen DAC V2, Go Link, Uno and snazzy DAC 2 are just a few examples).

But it now has a brand new high-end offering that we saw at the High End Munich show this week. Head to the company’s booth and you’ll find a quirky but distinctive box, the iFi iCan Phantom.

The iCan Phantom hasn’t been officially released yet, but I got a thorough review of this crazy box of head-fi goodies from an iFi rep, as well as a quick listen.

iFi iCan Phantom

(Image credit: Which Hi-Fi?)

What is the iFi iCan Phantom? It is a pure analog headphone amplifier, replacing the current flagship (Pro iCan signature), with a brand new look and some pretty smart design decisions, including a new way to provide the correct bias voltage to match your electrostatic headphones.

This headphone amplifier is a fully differential balanced circuit design, offers “ultra low noise performance” and a great power boost, and will work with virtually any pair of headphones you can think of, from your super-high-sensitivity IEMs to very hard-to-drive electrostatic headphones, and everything in between , claims iFi.

iFi iCan Phantom

(Image credit: Which Hi-Fi?)

The number of headphone jacks is generous: on one side of the plinth you’ll find the dedicated electrostatic connectors, 4-pin balanced, 3-pin balanced, 4.4 balanced and good old 3.5mm. On the other side are a pair of balanced XLR and a handful of RCA inputs. And it comes with a remote control.

iFi iCan Phantom

(Image credit: Which Hi-Fi?)

The visual design has completely changed. Gone is the rather vintage, fussy styling of the old Pro iCan Signature; what looks like a box stacked on top of another is actually a single unit. It’s kind of like a two-moe cake made by two very different personalities. This signature “two-tone dual layer” styling and its name are loosely inspired by Rolls Royce’s legendary Phantom car, I’m told by the iFi rep, and I must admit the design certainly stands out, even if it may be not so to everyone’s taste.

A rather nice round OLED display is flanked by two rotary knobs (one for input selection, the other for volume) on the sleek upper metal section, which sits above the (less elegant) all-black plinth containing all connections.

iFi iCan Phantom

(Image credit: Which Hi-Fi?)

And you can see through the smoked glass top at the valves and circuitry inside (this is more obvious in person; trade show floor lighting is penalizing for reflective surfaces). Like the outgoing Pro iCan Signature it replaces, the iCan Phantom has two input stages. One is a solid stage, the other is a valve. The two are completely separate, but iFi offers the option to switch between the two if you want to match the sound to your mood, your sonic taste or even the music you’re listening to, iFi said.

iFi iCan Phantom

(Image credit: Which Hi-Fi?)

By far the most unique aspect of the Phantom is the way it “provides the voltage electrostatics need to perform at their best”. You cannot use a conventional headphone amplifier with electrostatic headphones because the voltages required to drive them are much higher than normal. So you need a separate energiser to power them, with the right voltage for your specific model.

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