As mentioned earlier, you made a typo
# Archive for device
xcodebuild archive -scheme TestFramework -destination="iOS" -archivePath /tmp/xcf/ios.xcarchive -derivedDataPath /tmp/iphoneos -sdk iphoneos SKIP_INSTALL=NO BUILD_LIBRARIES_FOR_DISTRIBUTION=YES
# Archive for simulator
xcodebuild archive -scheme TestFramework -destination="iOS Simulator" -archivePath /tmp/xcf/iossimulator.xcarchive -derivedDataPath /tmp/iphoneos -sdk iphonesimulator SKIP_INSTALL=NO BUILD_LIBRARIES_FOR_DISTRIBUTION=YES
You should use BUILD_LIBRARY_FOR_DISTRIBUTION instead of BUILD_LIBRARIES_FOR_DISTRIBUTION.
Library Evolution in Swift
https://xcodebuildsettings.com/#build_library_for_distribution