To increase point bearing capacity, I don't think so. Pile tips such as these
are used to help penetrate hard soils (Arrowhead type) or to keep the wood from "brooming" (Boot type) when the pile is driven to hard rock.
One answer, of course, would be to specify larger piles. A specification for piles usually calls out the tip diameter, diameter 3 feet from the butt, length (often in 5 foot increments), and (if needed) preservative treatment type & quantity (pounds per cubic foot, retention).
An expensive "trick" would be to specify piles longer that needed, then cut off the small diameter end before driving.
A more cost effective "trick", if the soils are right (soft) AND your Geotech Engineer approves, is to drive the piles upside-down (butt down - tip up). Not often done, but will work under the proper conditions - got to have point bearing, though. The reverse taper is great for resisting uplift but not worth 2 cents for providing any skin friction capacity for "down" loading. May also have to look at the pile as an essentially unsupported column, subject to buckling under load.
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