I don't know, perhaps it's because I've progressed every interview I've had the opportunity to do a take-home on (and I struggle with most leet-code style whiteboarding interviews) but I've always seen take-homes as an audition for your software development style -- what you deliver in a take-home assessment is what they will use to judge how you'll deliver on the job, plain and simple.
I've only done take homes for companies that I've already passed initial interviews for and generally like the people I've talked to and have favorable impressions of the culture/workplace thus far. I wouldn't do a take-home before that, but I'd do a take-home any day before a leet code grinding thing.