My PC has no audio output, just USB.
Does this product act as a "DAC"?
2. Will it convert the audio stream from my PC to analogue?
3. I want to listen to my Spotify on my speakers which connect to RCA (cinch). Is this the right product?

Question

My PC has no audio output, just USB.
Does this product act as a "DAC"?
2. Will it convert the audio stream from my PC to analogue?
3. I want to listen to my Spotify on my speakers which connect to RCA (cinch). Is this the right product?

Answer

I think there is a misunderstanding. This product is for recording audio/video. 
You are looking for a USB sound card like this one:
[Antlion USB-Soundkarte (USB)](https://www.digitec.ch/de/s1/product/antlion-usb-soundkarte-usb-soundkarte-13209064?supplier=406802)

To connect your headphones, you probably need a cable like this:
[Goobay 3.5mm Klinke - Cinch Kabel (3 m, Oberklasse, Cinch, 3.5mm Klinke (AUX))](https://www.digitec.ch/de/s1/product/goobay-35mm-klinke-cinch-kabel-3-m-oberklasse-cinch-35mm-klinke-aux-audio-kabel-12344624?supplier=406802)
or:
[Lindy Cinch Buchse - Klinke (0.25 m, Einstiegsklasse, 3.5mm Klinke (AUX), Cinch)](https://www.digitec.ch/de/s1/product/lindy-cinch-buchse-klinke-025-m-einstiegsklasse-35mm-klinke-aux-cinch-audio-kabel-6082723?supplier=406802)

Your data. Your choice.

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Question about LogiLink Audio and Video Grabber USB 2.0

My PC has no audio output, just USB. Does this product act as a "DAC"? 2. Will it convert the audio stream from my PC to analogue? 3. I want to listen to my Spotify on my speakers which connect to RCA (cinch). Is this the right product?