I believe the Apple adapter does support that on Macbooks whose GPU/Chipsets supports that external resolution and update rate. That would count in the M1.

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I was recently on a similar purchase lookout. I wanted HMDI 4K at 60Hz, SD, USB-A and also a charging passthrough-port. Ended up with this one below. It's one of those designs that gets passed around among the popup-brands on Amazon. It has worked well for me this far.

https://www.amazon.com/dp/B09NZGTC79/ref=emc_b_5_t

Beware they have a model that looks almost exactly the same but only does 4k 30Hz. The right one explicitly says 60Hz on the text by the port.