Bluetooth 4.0 maxes out at around 25Mbps. Bluetooth 5.0 is supposed to double that speed. As far as latency, that should depend on how far away the devices are from each other and how quick the movement is from device to device. You would encounter the same issues with wifi, but 802.11 ac allows for 500Mbps for a single link and up to 1Gbps for multiple links.
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