You can just use the Insider Preview (22000.1_PROFESSIONAL_ARM64_EN-US.ISO) and revert to Stable in a UTM VM.
These restrictions are completely arbitrary on the part of Microsoft. Source (My M1 Mac): https://freeimage.host/i/H4PgC5F
These restrictions are completely arbitrary on the part of Microsoft. Source (My M1 Mac): https://freeimage.host/i/H4PgC5F