The V shape was not thought up in any office with engineers or people with access to 3D modeling programs like SolidWorks and Fusion 360. To grip something you needs two sides, like a thumb and fingers. And for animals without those, two hands to clamp.
The V is completely empty on the opposing side unless it's a flarenut wrench design. Which is why you see the V on every flarenut wrench, and you dont on most name brand open end wrenches like Snap-On with brands like mac moving away from it.
I dont think it's likely much to its detriment as far as jaw spread, but at best is a makreting gimmick that no doubt has paid for itself many times over.