Hi Swayze,
We have two options to be able to use a 1/32 inch bit in a rotary tool.
The Collet & Nut Set Here: 4485 Information Here

In this kit there is a 1/32" collet for the 1/32" bit.
We also have the Dremel Chuck 4486: 4486 Information Here

The chuck can hold bits that have a shank size of 1/32" up to 1/8".
We certainly appreciate you being a part of our Community!
Peggy
PS. I'll respond to you faster next time.