They're not blood grooves, they're called fullers.
Exactly. The purpose of a fuller is to make the blade stronger.
It seems counter-intuitive that removing material will make a part stronger. But it does. Consider, for example, the I-Beams commonly used in construction:
They're less expensive than a solid beam would be, true. They're lighter than a standard beam would be, true. But, they're also stronger than a solid beam would be too.
You can see this in other parts. Here is an engine connecting rod.
Notice the "blood grove?" That has nothing to do with controlling blood spray in covert deanimation missions and everything to do with actually making the part stronger.
You can prove this to yourself very easily. Take a sheet of paper, 8.5x11" more or less. Grasp it between your thumb and forefinger along one of the shorter edges. Try and hold it out horizontally. It droops down, doesn't it? Now, fold it in half the long way, then make two more folds each about 1/2" from the center fold. Viewed from the edge, your paper should now look like this:
---------\/----------
In other words, it should have a blood grove in the middle. Now try and hold it out horizontally. It's easy isn't it?
That blood grove in the paper doesn't just control blood splatter in the event of a covert paper cut. It actually makes the paper stronger. In fact, you can probably stack some paperclips or some other small weight out on the end of the paper and it will still stay horizontal. So, the paper that, without the fuller couldn't support its own weight now bears substantial weight.