It might seem unusual to convert a piece of cloth into water. However, if you follow this tutorial along you'll see several things which help you with simulation, with alembic files and Bifröst liquid options.

There's a new music composition I introduce in the middle of this video: "Debussy Logically". Like the two other titles "Computer Animation" and "dubius 170" composed by Maximilian Schönherr and licensed via GEMA.