IOS 14 Bluetooth Connectivity (iPhone 11 pro, iwatch 5 & Air pods pro)

I am facing a weird issue with iOS 14 on my iPhone 11 pro.
I am using Apple watch series 5 and Air pods pro. My apple watch is always connected to my iPhone. While trying to connect by Air pods pro, my iPhone freezes and Music can't be played. Only after disconnecting the apple watch, the Air Pods connection is possible. Let me know if anyone is facing similar issue.
Me too, I have this problem and a lot of people too. With iOS 14.2 and WatchOS 7.1 the problem still happens.
IOS 14 Bluetooth Connectivity (iPhone 11 pro, iwatch 5 & Air pods pro)
 
 
Q