"powdery remains of fire," Old English æsce "ash," from Proto-Germanic *askon (source also of Old Norse and Swedish aska, Old High German asca, German asche, Middle Dutch asche, Gothic azgo "ashes"), from PIE root *as- "to burn, glow." Spanish and Portuguese ascua "red-hot coal" are Germanic loan-words.
An ancient symbol of grief or repentance; hence Ash Wednesday (c. 1300), from custom introduced by Pope Gregory the Great of sprinkling ashes on the heads of penitents on the first day of Lent. Ashes meaning "mortal remains of a person" is late 13c., in reference to the ancient custom of cremation. Meaning "Finely pulverized lava thrown from a volcano" is from 1660s.
adjective suffix, "full of or characterized by," from Old English -ig, from Proto-Germanic *-iga- (source also of Dutch, Danish, German -ig, Gothic -egs), from PIE -(i)ko-, adjectival suffix, cognate with elements in Greek -ikos, Latin -icus (see -ic). Originally added to nouns in Old English; used from 13c. with verbs, and by 15c. even with other adjectives (for example crispy).
<a href="https://www.etymonline.com/word/ashy">Etymology of ashy by etymonline</a>
Harper, D. (n.d.). Etymology of ashy. Online Etymology Dictionary. Retrieved $(datetime), from https://www.etymonline.com/word/ashy