<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000862157
<NAME> BT INSTITUTIONAL FUNDS
<SERIES>
<NUMBER> 3
<NAME> INSTITUTIONAL DAILY ASSETS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 8985355041
<INVESTMENTS-AT-VALUE> 8985355041
<RECEIVABLES> 30031235
<ASSETS-OTHER> 39014
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9015425290
<PAYABLE-FOR-SECURITIES> (119304105)
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (50867152)
<TOTAL-LIABILITIES> (170171257)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8845101288
<SHARES-COMMON-STOCK> 8845101287
<SHARES-COMMON-PRIOR> 7804574882
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 59458
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7804574882
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 452895618
<OTHER-INCOME> 0
<EXPENSES-NET> (9263148)
<NET-INVESTMENT-INCOME> 443632470
<REALIZED-GAINS-CURRENT> 26119
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 443658589
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (443648775)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 23418459592
<NUMBER-OF-SHARES-REDEEMED> (22377790255)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1040679151
<ACCUMULATED-NII-PRIOR> 83474
<ACCUMULATED-GAINS-PRIOR> 59458
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (7719290)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (9403408)
<AVERAGE-NET-ASSETS> 7719290264
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.060
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.060)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.120
</TABLE>
