I have touched on this issue in many posts. This is another area where Audiophool myths abound.
I have replied to posts over the years as to why the CD 44.1KHz and the 16 bit depth has adequate FR and dynamic range. That is what I use for archiving on my hard drives and with good reason. As these videos explain, I may use a higher bit depth while processing files, but I don't waste hard drive space going above the CD standard.
These two videos explain better than I can, and in ways you will all understand, that there are no gains to be had in this High Res Audio fad. There may actually be harm.
Please watch these two videos below. I proved this to myself years ago at the dawn of the video era. But these two videos are elegant. There is not a member here who could not benefit from watching these two videos. They are timely, but will make the Audiophools shout their lungs out via their keyboards!