virtualization with M2

What operating system are you trying to run?

Have you tried to simply download one of the ready to go packages from the gallery on the UTM site or are you trying to do your own install? I would suggest using one of the ready to go packages as a test.

Also, are you using the latest version of UTM?

One other thing, double check your settings for the virtual machine so that you are using proper vide options. I am using the vita-ramfb emulated display card.

Otherwise I would suggest getting help in the UTM community site.

FWIW, I have Windows 11 and Fedora Linux running just fine in UTM virtual machines.

Are you sure the Kali distro is an ARM64 version? Only ARM64 builds of Linux will work.

Other than that, your best bet is to check with the Kali site for help since this is a Mac centric community and not may people here deal with Linux on virtual machines.

The other option is you may need to use a commercial virtual machine vendor like Parallels Desktop Mac. You can download a trial and try your installation on it before purchasing. Commercial products tend to get much more attention than a one man software developer.