I can confirm this, having basically the same issue, where the Diagnostics message is.
HumanReadableSwiftError
SettingsError: noExecutablePath(<IDESwiftPackageStaticLibraryProductBuildable:ObjectIdentifier(0x000060001f69d950):'SomeBinarySPMPackage'>)
where SomeBinarySPMPackage is a third party SPM wrapping a XCFramework hosted on GitHub.