Running Fedora ARM on M-series from RAW image?

[taoeffect]

Describe the issue

For whatever reason, Fedora doesn't provide ISO files for ARM:

• https://fedoraproject.org/workstation/download
• https://fedoraproject.org/spins/kde/download

I'd like to install the latest Fedora (40) KDE version, but it just gives a .raw.xz file.

Attempting to start a virtual machine using the decompressed file (.raw.xz => .raw) doesn't work.

What to do?

Configuration

• UTM Version: 4.5.3 (99)
• macOS Version: 14.5
• Mac Chip (Intel, M1, ...): M3