When you tap it, you'll see the familiar page for Apple's next beta software - like iOS 14.6 - with the ability to download and install it then and there. Instead of installing a new beta profile when Apple starts another beta program, you'll now see an 'Also Available' tab at the bottom of Software Updates. This profile contains the beta software, but also connects to Apple's servers when it's time to download and install the next update, creating a seamless process of updating to a new version of the beta. If you're running a beta on your iPhone, you likely know how things work - in order to try out new software and all the features and changes that come with it, you need to download and install a beta profile first. The update introduces an easy way for testers to update from an iOS RC (release candidate) to the latest beta, via a simple option in Software Update. Time will tell.Apple released the first public beta for iOS 14.6 today, Friday, April 23, one day after the company seeded iOS developers 14.6 beta 1. So this could end up being a quick build that Apple releases to coincide with next week's AirTags ship date. I don't think anyone was expecting iOS 14.6 to come out before iOS 14.5 had even been released to the public (I know I didn't). Historically, participating in the next big release means blowing away your old profile. It'll be interesting to see how this new feature handles the new beta. It'll be a few weeks after that before Public Beta Program participants will be able to get their hands on the first build. iOS 15 will be announced at WWDC on June 7. So when will we be done with iOS 14? Not for another couple of months at least. They packed that version of iOS so full, Apple needs to take its foot off the gas and coast a bit, fixing bugs and shoring things up for the upcoming iOS 15 release. Given the vast feature set of iOS 14.5, I totally understand. Other than the 'new' feature for iOS 14.6, there's really not much going on in this beta cycle that's public-facing. While iOS 14.6 is expected to be pretty light, bug-wise, if you see any weird behavior, especially around third-party apps, report them via the Feedback app.

Apple's official release notes for iOS 14.6 list a few things that are mostly developer-focused, but no bugs or known issues.

Ios 14.6 beta profile