This little gadget identifies NVMe M.2 SSD as CFexpress card Type B and can be used to store data for the Xbox Series X | S is available for purchase. In this case, the bus interface is PCI-Express3.0 (x4), and the form factor is M2.2230.
The NVMe M.2 SSD slot is installed on the outside of the CFexpress Type B card adapter, and the SSD is visible via the slot opening. An entirely different type of conversion from the previously released card-type adapter "PA-CFEBM2-C" is being performed here. An additional feature of the product is a heat sink for cooling, which has the advantage of having a higher cooling efficiency when compared to the type of heat sink that is contained in a card-type adapter.
While the "WD CH SN530" series (M.2 2230 model) of Western Digital's industrial SSDs is classified as a compatible model, the "WD PC SN530" series is listed as an incompatible model. Because the power is delivered from the card slot side, there is no need for an additional auxiliary power supply.
The adapter sells in china for $35.99, you can find more info here.