BFD is not yet natively compatible with computers running Mac's M1 + M2 ARM chips.
Although BFD3 is not yet natively supported for use with M1 processors, some users have had success using the software with the Rosetta 2 emulator platform. This is an apple-based emulator that allows Intel-based software to run on apple silicon systems. For more details on installing and using Rosetta, please refer to Apple's setup guide.