No, Apple Silicon-based Linux is why VMware Fusion exists. 😉 You can currently virtualize ARM-based distros, but if this new release leverages Apple’s implementation of ARM for M-series chips better, I’ll probably create a new VM and migrate what I need from the old one.
Unfortunately, size DOES matter. Is this card over 32GBs in capacity?
https://support.apple.com/guide/disk-utility/file-system-formats-dsku19ed921c/mac