Do Airpods interfere with Bluetooth Heart Rate monitor straps?

I'm using the Polar Beat app and a Polar H7 Bluetooth transmitter with my Iphone 7 to track my HR during workouts. I recently started using a pair of Airpods with the setup so that I didn't have to deal with wires. Prior to starting to use the Airpods I had no issues with the setup, and was using a pair of standard Apple headphones.

Since starting to use the Airpods during workouts, I keep experiencing anomalous heart rate readings - sometimes dropping to zero and sometimes fluctuating well beyond where my heart rate actually is.

I replaced the battery in the transmitter, reset/repaired everything, and still have the same issue happening.

Is there anyway that the Airpods are interfering with the signal between my Iphone and the chest strap?