To get started, add the 1½ cup of water to the Instant pot and add the trivet that came with your pressure cooker.

Add the white sugar, cinnamon, and biscuit dough to the ziplock bag. Then shake well until everything is coated.

Place a long strip of foil that is rolled into the Instant pot over the trivet with the sides coming up to the top. Place the mixture into your bundt pan, and then place the bundt pan over the foil on the trivet. (We will be using the foil strip as makeshift handles when we remove the bundt pan from the pot after cooking.)

Place the lid and turn until locked. Set the manual mode for 20 minutes and allow your bread to cook.

Once the time has finished, do a quick release and carefully remove the monkey bread from the Instant Pot. (Be careful as your bundt pan will still be hot.)

Over medium heat melt the butter, vanilla, and brown sugar. Place the monkey bread on a plate, and then drizzle the top with the butter and brown sugar.