Figure 3-4 is showing an oscillator instead of a crystal. The XO pin on the PHY is meant to provide an excitation source for a crystal located close to the IC. However, an oscillator contains this excitation source along with other circuitry to stabilize it and provide an output clock. Connect this output to both the PHY's XI pin and the MAC's REF_CLK pin. It is recommended to include an in-line resistor between the oscillator and the PHY/MAC.
This is addressed a little bit more clearly in the Schematic Checklist for the LAN8710A. Numbers were added to the image below to match the circuits in the question. While the two connections in this context are shown for RMII and MII modes, respectively, it highlights the difference between an oscillator and a crystal. An oscillator contains its own excitation source but the crystal must be driven by an external excitation source.

Adding an in-line resistor between the oscillator and both the PHY and the MAC allows you to adjust for impedance mismatches. The physical layout will impact the impedance of the traces. On many PCBAs, the length of the trace will not be an issue. Also, the width of the trace from oscillator to either resistor can have an impact and may cause instability. Not that I've had that issue before...