All of the above.
The incendiary came in 3 varieties during WW2. Was only produced from 1942 to about 44. It was the biggest secret military project of the US until the Manhattan project came along. They had several groups working feverishly trying to work out the problems. Came down to finally adopting all 3 designs to get something out to the troops. Most common is the boattail design that came from Frankford Arsenal, loaded by TW, SL, FA, DM, etc. (A very wide knurled bullet cannelure) But both Remington and Utah came up with their own designs. RA was a flat base (1 very small knurled or smooth bullet cannelure), Utah, semi-boattail. Can't tell them much apart loaded into cases except by headstamp, although UT eventually also started producing the FA design. Both the RA and UT variants were known as "M1 Alternate" if you find them with the packaging, which would be a major score.
Despite all the work, they never, fully, worked all the kinks out of the designs, so that, to this day, firing Blue tips can sometimes result in a "muzzle burst" where the bullet detonates after leaving the barrel, right in midair. (propellant gas plasma migrating into the bullet initiating detonation, or internal components setback on ignition initiating the det chain.) Just an FYI as a potential hazard. Happened to me only once out of hundreds of fired rounds. Others have seen and reported this as well over the years.
One other tidbit. Not sure the connection, but the blue tips, if still loaded as an original round, has a high incidence of green grunge, looks like white, green or blue mold oozing from the case mouth, sometimes around the primer. Compared to other WW2 production which can also be vulnerable, I've seen 10x more blue tips this way than any other load. Must have something to do with the powder used in that specific loading over the others. If you see that happening (any bullet type), forget shooting it. Even the components aren't usable, so tear down is a waste of time as well. See previous VHP Magazine articles I've done about the phenomena.