Go to https://mac.getutm.app/ (https://mac.getutm.app/), click on click on Download
button.
Then drag the UTM icon into the Applications folder,
Open the UTM app,
As we are Mac Users, we need ARM architecture Ubuntu. This is crucial! We will start by downloading Ubuntu Server ISO image, which is of ARM architecture. For that, go to ubuntu.com and under Products > Ubuntu Server
Click, Download Ubuntu Server
Then, go to Alternate Architectures