I did some poking around. First, I formatted a USB drive at the hardware level, picked GUID for partition format, and then HFS+ for format. Format went fine, drive mounted and worked. Then, I right-clicked on the drive and did a Get Info to see the drive formatted HFS+. Again right licked and the menu option offered "Encrypt" so I clicked that and was prompted for a password. Created the PW, and it encrypted the drive in a few moments. But when I right clicked and did a "Get Info" the drive was now formatted APFS (encrypted)!
Thinking that maybe it reformatted the drive on the fly because it was empty, I repeated the process, but after confirming that it was HFS+, I copied a file to it. Then I encrypted it. Again, the Get Info showed it had be converted, on the fly, to APFS (Encrypted). The file I had copied to it was still there and was unchanged. I could open it just as I had before.
So, encrypting external drives will flip them to APFS (Encrypted) with no notification of the change. Apple REALLY is saying stop using HFS+!
I imagine that some folks are wondering why their external rotating drives have slowed down after encryption. It's not the encryption, I suspect, but the reformatting to a format optimized for SSDs. Admittedly, I didn't test with a rotating drive because I don't have a sacrificial drive to offer up, but I suspect the results will be the same--an unannounced conversion to APFS to encrypt it.