Yes there is/was a special purpose. Water filters out low wavelenghts of light. Blue light penetrates the farthest. Land plants use mostly red and blue light to do photosynthesis. Since red light doesn't penetrate very deep in the water, the algae that live inside the corals have adapted to using more of the blue light.
That being said, because most of us now use 10K - 20k bulbs (as opposed to 5k - 6.5k like the old days) actinic lamps are not really neccessary anymore. They do bring out the colors better in some animals though.