A ARM macOS Virtual Machine, using macOS 12's new Virtualization framework.
I copied KhaosT's code from here, all I did is change some path, add some entitlements and add a simple GUI.

I successfully created a macOS 12 Virtual Machine!
Thanks @KhaosT for sharing his code, he make this possible. pic.twitter.com/nDD5IMzhlb

— Ming Chang (@mingchang137) June 29, 2021

• Apple Silicon Mac (running macOS 12)
• Xcode 13
• Apple Configurator 2
• macOS 12 IPSW
• a empty dmg image (This will be your system storage, name it disk.dmg, you can create it from Disk Utility)

1. Clone this project
2. Run (This project works on my Mac but might not run on yours)
3. Quit the app when "Virtual Machine" window showed up, move disk.dmg into the app's container
4. Run it again
5. Open Apple Configurator 2, if everything works, There should have a VirtualMac in DFU mode
6. Drag macOS 12 IPSW file into Apple Configurator 2, click Restore to install macOS
7. When it's done, you should see a purple window greeting to you. Bon Appétit!

Special thanks to KhaosT, his code make this possible.