"member of a noble family," Old English æðling, from æðel "noble family, race, ancestry; nobility, honor," related to Old English æðele "noble," from Proto-Germanic *athala- (cognates: Old Frisian edila "(great-)grandfather," Old Saxon athali "noble descent, property," Old High German adal "noble family"), which is perhaps from PIE *at-al- "race, family," from *at(i)- "over, beyond, super" + *al- "to nourish." With suffix -ing "belonging to." A common Germanic word (cognates: Old Saxon ediling, Old Frisian etheling, Old High German adaling).
Old English wulf "wolf, wolfish person, devil," from Proto-Germanic *wulfaz (source also of Old Saxon wulf, Old Norse ulfr, Old Frisian, Dutch, Old High German, German wolf, Gothic wulfs), from PIE root *wlkwo- "wolf" (source also of Sanskrit vrkas, Avestan vehrka-; Albanian ul'k; Old Church Slavonic vluku; Russian volcica; Lithuanian vilkas "wolf;" Old Persian Varkana- "Hyrcania," district southeast of the Caspian Sea, literally "wolf-land;" probably also Greek lykos, Latin lupus).
This manne can litle skyl ... to saue himself harmlesse from the perilous accidentes of this world, keping ye wulf from the doore (as they cal it). ["The Institution of a Gentleman," 1555]
Probably extinct in England from the end of the 15th century; in Scotland from the early 18th. Wolves as a symbol of lust are ancient, such as Roman slang lupa "whore," literally "she-wolf" (preserved in Spanish loba, Italian lupa, French louve). The equation of "wolf" and "prostitute, sexually voracious female" persisted into 12c., but by Elizabethan times wolves had become primarily symbolic of male lust. The specific use of wolf for "sexually aggressive male" first recorded 1847; wolf-whistle attested by 1945, American English, at first associated with sailors. The image of a wolf in sheep's skin is attested from c. 1400. See here for a discussion of "wolf" in Indo-European history. The wolf-spider so called for prowling and leaping on its prey rather than waiting in a web.