Pre-converting qcow2 image for faster LXD VM creation

Yes, I might be wrong, but qcow2 has a very big advantage for VMs, that is managing pre-allocation. Raw images might be great but if you’ve 100 VMs set to 20GB each that doesn’t scale very well.

Or is there a way to get VMs in btrfs and raw images to not pre-allocate the space?

Thank you.