Looks like 32-bit arm support and edk2-arm were recently removed but qemu still depends indirectly on edk2-arm which causes qemu installation to fail on rawhide envs.

# dnf -y install qemu
Updating and loading repositories:
Repositories loaded.
Failed to resolve the transaction:
Problem: conflicting requests
  - package qemu-2:9.2.0-0.1.rc1.fc42.x86_64 from rawhide requires qemu-system-arm = 2:9.2.0-0.1.rc1.fc42, but none of the providers can be installed
  - package qemu-2:9.2.0-0.1.rc1.fc42.x86_64 from testing-farm-tag-repository requires qemu-system-arm = 2:9.2.0-0.1.rc1.fc42, but none of the providers can be installed
  - package qemu-system-arm-2:9.2.0-0.1.rc1.fc42.x86_64 from rawhide requires qemu-system-arm-core = 2:9.2.0-0.1.rc1.fc42, but none of the providers can be installed
  - package qemu-system-arm-2:9.2.0-0.1.rc1.fc42.x86_64 from testing-farm-tag-repository requires qemu-system-arm-core = 2:9.2.0-0.1.rc1.fc42, but none of the providers can be installed
  - nothing provides edk2-arm needed by qemu-system-arm-core-2:9.2.0-0.1.rc1.fc42.x86_64 from rawhide
  - nothing provides edk2-arm needed by qemu-system-arm-core-2:9.2.0-0.1.rc1.fc42.x86_64 from testing-farm-tag-repository
You can try to add to command line:
  --skip-broken to skip uninstallable packages

Reproducible: Always