I very much doubt it. Apple's M1 SOC is not a standards base design and the OS is very specialized to their hardware. As far as I know they don't even support external PCIe GPUs on the platform.

Can you run it with a working framebuffer and peripherals? Probably not. You'd have to ask Corellium for their secret sauce Apple SoC virtualization.

Can you run it in some capacity? Yes. See https://blogs.blackberry.com/en/2021/05/strong-arming-with-m... and https://news.ycombinator.com/item?id=25064593

With additional work, it should be "possible" to do this on an ARM device and use KVM to get virtualized performance, with unsupported instructions/features trapping back to the hypervisor and being emulated in software.

All that said, it will probably be a long time (if ever) that you will be able to boot a virtualized ARM MacOS up to a graphical desktop.