I don’t have an m1 Mac, but ran into tons of issues and none of the posts in the 24.0.1 released topic worked. Turns out it has something to do with the version of Kerl used by ASDF installs. See this post Erlang OTP-24.0.1 released! - #17 by drl123. There is a workaround linked there that worked for me on Mojave. Maybe it will work for you too.
