This will convert your OPML to an sexp that can be used to set up feeds for elfeed. It'll convert categories (likely, folders, in your feed reader) to tags.
You will need to keep gk-elfeed-feeds-with-category
around after doing the conversion.
A nice way to use this is to run it with C-u M-x pp-eval-last-sexp RET C-M-b C-j C-j
and manually reformat the resulting output.
You'll want to have something like paredir or smartparens set up to work with that sort of large sexp.