Pour the cup of water into the stainless steel instant pot bowl and lower in the steamer rack.
Combine the remaining ingredients into a mixing bowl and use your hands to thoroughly mix
Place meat mixture into a sheet of foil and wrap it up while shaping it into a “loaf”.
Place foil-wrapped loaf on steamer rack in instant pot.
Secure the lid and close the pressure valve.
Press Meat/Stew button on Instant Pot and press the “+/-” button until 40 minutes is displayed and turn off the “keep warm” feature.
Allow meatloaf to cook
Once cooking time is complete, naturally release the pressure valve and remove the lid once pressure has bled off.
Remove meatloaf and unwrap it once it is cool enough to handle.
Spread another 1/4- 1/2 cup of Ketchup over top, should you wish, and put in broiler for 5 min to “char” ketchup a bit.
Slice and serve with mashed cauliflower!