According to the screenshot you provided, it supports the stock MSI 5070 2X Ventus, so it probably also supports the White version. In pictures it looks the same to me. I'd advise going over the marketing materials on MSI's website and looking for differences. If not, it ought to work. With that said, the 5070 is a relatively low-power card that doesn't really need water cooling. Your performance would be much better served by going for an air cooled build with a higher-spec GPU. If you're doing it for fun, then prima vista I can't see a reason why it couldn't be done.