I can confirm that the provided kernel fixes the issue
```
root@myhost:~# uname -a
Linux myhost 7.0.0-42-generic #42~24.04.1-Ubuntu SMP PREEMPT_DYNAMIC Mon Oct 19
15:32:40 UTC 2 aarch64 aarch64 aarch64 GNU/Linux
root@myhost:~# virsh dumpxml 1 | grep driver
<driver name='qemu' type='qcow2' cache='none' io='native'
discard='unmap'/>
<driver name='qemu' type='raw' cache='none' io='native' discard='unmap'/>
root@myhost:~# virsh console 1
Connected to domain 'instance-00000fbb'
Escape character is ^] (Ctrl + ])
test-native-io login:
```
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https://bugs.launchpad.net/bugs/2169551
Title:
VMs on ephemeral fails to boot [arm64, amd64]
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