Yesterday at 23:31 UTC (16-January-2021) an earthquake with the magnitude of Mw3,1 took place in Katla volcano. Last earthquake of this magnitude was in November 2020. No other earthquake activity has been detected since the earthquake yesterday.
There has been slightly more earthquake activity in Katla volcano in December 2020 and in January 2021. Currently there is nothing suggesting that an eruption is about to happen in next few months to week. Earthquake activity remains too low for that too happen based on past experience (minor eruption in July 2011). I am not expecting any major changes in activity in Katla volcano for the next few weeks to months. Nothing might happen all year and that would be perfectly normal for this volcano.